Blue Apron Holdings, Inc. (NYSE:APRN) CEO Brad Dickerson purchased 180,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 13th. The shares were purchased at an average cost of $3.93 per share, with a total value of $707,400.00. Following the completion of the acquisition, the chief executive officer now directly owns 40,000 shares of the company’s stock, valued at $157,200. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Brad Dickerson also recently made the following trade(s):

  • On Monday, December 11th, Brad Dickerson bought 40,000 shares of Blue Apron stock. The stock was bought at an average cost of $3.87 per share, with a total value of $154,800.00.

Shares of Blue Apron Holdings, Inc. (NYSE:APRN) opened at $4.21 on Friday. 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 quick ratio of 2.73 and a current ratio of 3.15.

Blue Apron (NYSE:APRN) last released its quarterly earnings results on Thursday, November 2nd. The company reported ($0.47) EPS for the quarter, missing the consensus estimate of ($0.43) by ($0.04). The firm had revenue of $210.60 million for the quarter, compared to analyst estimates of $191.47 million. Blue Apron’s revenue was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.56) EPS. research analysts expect that Blue Apron Holdings, Inc. will post -1.66 EPS for the current year.

A number of research analysts have issued reports on APRN shares. Zacks Investment Research raised shares of Blue Apron from a “sell” rating to a “hold” rating in a report on Monday, November 6th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $6.00 target price on shares of Blue Apron in a report on Friday, November 3rd. KeyCorp reaffirmed a “hold” rating on shares of Blue Apron in a report on Friday, December 1st. 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. Finally, SunTrust Banks reaffirmed a “hold” rating and issued a $5.50 target price on shares of Blue Apron in a report on Tuesday, October 24th. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $7.04.

Several hedge funds have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. acquired a new stake in Blue Apron during the second quarter worth approximately $464,000. DekaBank Deutsche Girozentrale acquired a new stake in Blue Apron during the second quarter worth approximately $220,000. Obermeyer Wood Investment Counsel Lllp acquired a new stake in Blue Apron during the second quarter worth approximately $110,000. LMR Partners LLP acquired a new stake in Blue Apron during the second quarter worth approximately $2,195,000. Finally, SG Americas Securities LLC acquired a new stake in Blue Apron during the second quarter worth approximately $264,000. Institutional investors and hedge funds own 58.35% of the company’s stock.

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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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