Stamps.com Inc. (NASDAQ:STMP) insider Amine Khechfe sold 1,200 shares of Stamps.com stock in a transaction dated Tuesday, September 4th. The stock was sold at an average price of $248.15, for a total value of $297,780.00. Following the transaction, the insider now owns 1,541 shares in the company, valued at $382,399.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

STMP opened at $243.00 on Friday. Stamps.com Inc. has a 1 year low of $160.00 and a 1 year high of $285.74. The stock has a market capitalization of $4.39 billion, a price-to-earnings ratio of 24.55, a PEG ratio of 1.78 and a beta of -0.02. The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.38 and a current ratio of 3.38.

Stamps.com (NASDAQ:STMP) last released its quarterly earnings results on Wednesday, August 1st. The software maker reported $2.75 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.17 by $0.58. Stamps.com had a return on equity of 39.85% and a net margin of 34.37%. The firm had revenue of $139.63 million for the quarter, compared to the consensus estimate of $133.49 million. During the same quarter last year, the business posted $2.08 EPS. The company’s revenue for the quarter was up 20.2% on a year-over-year basis. analysts expect that Stamps.com Inc. will post 9.07 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. raised its stake in shares of Stamps.com by 11.3% in the 2nd quarter. BlackRock Inc. now owns 2,518,796 shares of the software maker’s stock valued at $637,381,000 after purchasing an additional 255,512 shares during the period. Summit Trail Advisors LLC raised its stake in shares of Stamps.com by 17,709.7% in the 1st quarter. Summit Trail Advisors LLC now owns 1,785,957 shares of the software maker’s stock valued at $1,786,000 after purchasing an additional 1,775,929 shares during the period. Morgan Stanley raised its stake in shares of Stamps.com by 446.0% in the 2nd quarter. Morgan Stanley now owns 495,645 shares of the software maker’s stock valued at $125,424,000 after purchasing an additional 404,861 shares during the period. Renaissance Technologies LLC raised its stake in shares of Stamps.com by 69.8% in the 2nd quarter. Renaissance Technologies LLC now owns 357,600 shares of the software maker’s stock valued at $90,491,000 after purchasing an additional 147,000 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of Stamps.com by 5.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 335,272 shares of the software maker’s stock valued at $67,406,000 after purchasing an additional 17,856 shares during the period. 92.86% of the stock is currently owned by hedge funds and other institutional investors.

STMP has been the topic of several recent analyst reports. Maxim Group initiated coverage on Stamps.com in a report on Thursday, May 31st. They set a “buy” rating and a $320.00 target price on the stock. Singular Research reiterated a “buy” rating and set a $93.00 target price on shares of Stamps.com in a report on Tuesday, June 19th. Roth Capital lifted their target price on Stamps.com from $255.00 to $305.00 and gave the stock a “buy” rating in a report on Thursday, July 26th. BidaskClub lowered Stamps.com from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 1st. Finally, ValuEngine lowered Stamps.com from a “buy” rating to a “hold” rating in a report on Monday, August 13th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $252.00.

Stamps.com Company Profile

Stamps.com Inc provides Internet-based mailing and shipping solutions in the United States. The company offers mailing and shipping solutions to mail and ship various mail pieces and packages through the United States Postal Service (USPS) under the Stamps.com and Endicia brands. Its solutions support various USPS mail classes, including First Class Mail, Priority Mail, Priority Mail Express, Media Mail, Parcel Select, and others.

Further Reading: Trading Strategy Methods for Individual Investors

Insider Buying and Selling by Quarter for Stamps.com (NASDAQ:STMP)

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