Perry Ellis International Inc. (NASDAQ:PERY) insider Stanley P. Silverstein sold 13,507 shares of the firm’s stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $22.11, for a total transaction of $298,639.77. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of Perry Ellis International Inc. (NASDAQ PERY) traded up 2.91% during midday trading on Wednesday, hitting $22.95. 90,329 shares of the stock traded hands. The firm’s 50-day moving average is $19.87 and its 200 day moving average is $20.14. The company has a market capitalization of $345.95 million, a price-to-earnings ratio of 20.10 and a beta of 0.65. Perry Ellis International Inc. has a 52 week low of $16.35 and a 52 week high of $29.00.

Perry Ellis International (NASDAQ:PERY) last posted its earnings results on Thursday, August 24th. The textile maker reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.06. The firm had revenue of $206.60 million during the quarter, compared to analysts’ expectations of $204.97 million. Perry Ellis International had a net margin of 2.08% and a return on equity of 9.05%. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.15 earnings per share. Equities analysts forecast that Perry Ellis International Inc. will post $2.15 earnings per share for the current year.

COPYRIGHT VIOLATION WARNING: “Insider Selling: Perry Ellis International Inc. (PERY) Insider Sells 13,507 Shares of Stock” was originally published by Daily Political and is the property of of Daily Political. If you are reading this news story on another publication, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this news story can be accessed at https://www.dailypolitical.com/2017/09/13/insider-selling-perry-ellis-international-inc-pery-insider-sells-13507-shares-of-stock.html.

PERY has been the subject of several research reports. Zacks Investment Research cut shares of Perry Ellis International from a “buy” rating to a “hold” rating in a research report on Thursday, August 31st. FBR & Co set a $25.00 price objective on shares of Perry Ellis International and gave the company a “buy” rating in a research report on Monday, August 21st. BidaskClub cut shares of Perry Ellis International from a “hold” rating to a “sell” rating in a research report on Friday, August 18th. KeyCorp restated a “hold” rating on shares of Perry Ellis International in a research report on Thursday, August 24th. Finally, Wunderlich restated a “buy” rating and issued a $35.00 price objective on shares of Perry Ellis International in a research report on Friday, May 19th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. Perry Ellis International currently has an average rating of “Hold” and an average target price of $28.00.

Hedge funds have recently bought and sold shares of the company. BNP Paribas Arbitrage SA lifted its holdings in shares of Perry Ellis International by 42.2% in the second quarter. BNP Paribas Arbitrage SA now owns 5,597 shares of the textile maker’s stock worth $109,000 after acquiring an additional 1,662 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC bought a new position in shares of Perry Ellis International in the first quarter worth about $122,000. SG Americas Securities LLC lifted its holdings in shares of Perry Ellis International by 46.2% in the first quarter. SG Americas Securities LLC now owns 6,099 shares of the textile maker’s stock worth $131,000 after acquiring an additional 1,926 shares during the last quarter. Airain ltd bought a new position in shares of Perry Ellis International in the first quarter worth about $217,000. Finally, Wells Fargo & Company MN lifted its holdings in shares of Perry Ellis International by 3.6% in the second quarter. Wells Fargo & Company MN now owns 10,282 shares of the textile maker’s stock worth $200,000 after acquiring an additional 359 shares during the last quarter. 70.95% of the stock is owned by hedge funds and other institutional investors.

Perry Ellis International Company Profile

Perry Ellis International, Inc is an apparel company. The Company designs, sources, markets and licenses its products nationally and internationally at multiple price points and across all levels of retail distribution. It operates through four segments: Men’s Sportswear and Swim, Women’s Sportswear, Direct-to-Consumer and Licensing.

Insider Buying and Selling by Quarter for Perry Ellis International (NASDAQ:PERY)

Receive News & Ratings for Perry Ellis International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Perry Ellis International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.