Blue Apron Holdings, Inc. (NYSE:APRN) SVP Timothy J. Smith bought 25,000 shares of Blue Apron stock in a transaction dated Monday, December 11th. The stock was acquired at an average cost of $3.89 per share, with a total value of $97,250.00. Following the completion of the acquisition, the senior vice president now owns 28,386 shares of the company’s stock, valued at $110,421.54. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shares of Blue Apron Holdings, Inc. (NYSE:APRN) traded up $0.24 during midday trading on Friday, reaching $4.21. The company’s stock had a trading volume of 3,530,500 shares, compared to its average volume of 3,075,966. Blue Apron Holdings, Inc. has a 1-year low of $2.94 and a 1-year high of $11.00. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.15 and a quick ratio of 2.73.

Blue Apron (NYSE:APRN) last announced its quarterly earnings data on Thursday, November 2nd. The company reported ($0.47) earnings per share for the quarter, missing the consensus estimate of ($0.43) by ($0.04). The business had revenue of $210.60 million during the quarter, compared to analyst estimates of $191.47 million. During the same period last year, the business posted ($0.56) earnings per share. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. analysts anticipate that Blue Apron Holdings, Inc. will post -1.66 earnings per share for the current year.

Several institutional investors have recently bought and sold shares of APRN. FMR LLC bought a new position in shares of Blue Apron in the second quarter worth $42,090,000. Capital World Investors bought a new position in shares of Blue Apron in the second quarter worth $36,476,000. JPMorgan Chase & Co. bought a new position in shares of Blue Apron in the second quarter worth $31,439,000. Victory Capital Management Inc. bought a new position in shares of Blue Apron in the second quarter worth $14,010,000. Finally, Laurion Capital Management LP bought a new position in shares of Blue Apron in the second quarter worth $10,274,000. 58.35% of the stock is owned by hedge funds and other institutional investors.

APRN has been the subject of several recent analyst reports. Canaccord Genuity reaffirmed a “buy” rating and issued a $11.00 target price on shares of Blue Apron in a report on Thursday, September 14th. Guggenheim initiated coverage on Blue Apron in a report on Monday, September 25th. They issued a “buy” rating and a $9.00 target price for the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $5.00 target price (down from $6.50) on shares of Blue Apron in a report on Friday, November 3rd. Barclays raised Blue Apron from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $3.00 to $4.00 in a report on Monday, December 4th. Finally, SunTrust Banks reissued a “hold” rating and set a $5.50 price objective on shares of Blue Apron in a report on Tuesday, October 24th. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $7.04.

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Blue Apron Company Profile

Blue Apron Holdings, Inc is a holding company. The Company is focused on providing recipes and fresh ingredients for making home cooking accessible. The Company offers under a novel business model in which it source, process, store and package meal ingredients and ship them directly to consumers. The Company’s core products include Meals and Wine.

Insider Buying and Selling by Quarter for Blue Apron (NYSE:APRN)

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