Conn’s Inc. (NASDAQ:CONN) was up 3.6% during trading on Wednesday . The stock traded as high as $6.92 and last traded at $6.88, with a volume of 385,326 shares traded. The stock had previously closed at $6.64.

Several equities research analysts recently commented on CONN shares. Piper Jaffray Cos. downgraded Conn’s from an “overweight” rating to a “neutral” rating in a report on Friday, June 3rd. Zacks Investment Research upgraded Conn’s from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 3rd. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $34.00.

The company has a 50 day moving average of $7.00 and a 200-day moving average of $11.04. The firm has a market capitalization of $209.97 million and a P/E ratio of 44.13.

In other news, major shareholder A Stephens Grantors Tru Warren purchased 285,000 shares of the company’s stock in a transaction dated Friday, July 15th. The shares were acquired at an average price of $7.10 per share, with a total value of $2,023,500.00. Following the transaction, the insider now owns 385,350 shares of the company’s stock, valued at $2,735,985. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director William E. Saunders, Jr. purchased 10,000 shares of the company’s stock in a transaction dated Friday, June 24th. The shares were purchased at an average cost of $7.60 per share, for a total transaction of $76,000.00. Following the transaction, the director now directly owns 20,227 shares in the company, valued at approximately $153,725.20. The disclosure for this purchase can be found here.

Conn’s, Inc is a specialty retailer that offers a selection of consumer goods and related services in addition to a credit solution for its core credit constrained consumers. The Company operates through two segments: retail and credit. The Retail segment includes product categories, such as furniture and mattress, including furniture and related accessories for the living room, dining room and bedroom; home appliance, including refrigerators, freezers, washers, dryers, dishwashers and ranges; Consumer electronics, including liquid-crystal-display (LED), organic LED (OLED), Ultra high definition (HD) and Internet-ready televisions, and home office, including computers, printers and accessories.

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