Vera Bradley, Inc. (NASDAQ:VRA) insider Anne Marie Ray sold 28,378 shares of the company’s stock in a transaction dated Tuesday, September 11th. The stock was sold at an average price of $16.65, for a total transaction of $472,493.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Anne Marie Ray also recently made the following trade(s):

  • On Wednesday, August 22nd, Anne Marie Ray sold 14,189 shares of Vera Bradley stock. The stock was sold at an average price of $15.06, for a total transaction of $213,686.34.
  • On Monday, August 6th, Anne Marie Ray sold 14,189 shares of Vera Bradley stock. The stock was sold at an average price of $13.39, for a total transaction of $189,990.71.
  • On Wednesday, July 25th, Anne Marie Ray sold 28,378 shares of Vera Bradley stock. The stock was sold at an average price of $13.73, for a total transaction of $389,629.94.
  • On Wednesday, July 11th, Anne Marie Ray sold 28,378 shares of Vera Bradley stock. The stock was sold at an average price of $13.77, for a total transaction of $390,765.06.
  • On Thursday, June 28th, Anne Marie Ray sold 28,378 shares of Vera Bradley stock. The stock was sold at an average price of $14.60, for a total transaction of $414,318.80.

Shares of VRA opened at $16.72 on Friday. Vera Bradley, Inc. has a fifty-two week low of $6.99 and a fifty-two week high of $17.38. The company has a market capitalization of $597.99 million, a PE ratio of 27.83 and a beta of 0.37.

Vera Bradley (NASDAQ:VRA) last announced its quarterly earnings results on Wednesday, September 5th. The textile maker reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.10. Vera Bradley had a net margin of 3.76% and a return on equity of 9.82%. The firm had revenue of $113.60 million during the quarter, compared to analysts’ expectations of $113.14 million. During the same quarter in the prior year, the company earned $0.13 EPS. The company’s revenue was up 1.1% compared to the same quarter last year. research analysts expect that Vera Bradley, Inc. will post 0.6 earnings per share for the current fiscal year.

Several institutional investors and hedge funds have recently made changes to their positions in VRA. Metropolitan Life Insurance Co. NY purchased a new stake in shares of Vera Bradley in the 2nd quarter worth approximately $112,000. Mackay Shields LLC purchased a new stake in shares of Vera Bradley in the 1st quarter worth approximately $117,000. SG Americas Securities LLC purchased a new stake in shares of Vera Bradley in the 2nd quarter worth approximately $142,000. MetLife Investment Advisors LLC purchased a new stake in shares of Vera Bradley in the 2nd quarter worth approximately $158,000. Finally, Spark Investment Management LLC purchased a new stake in shares of Vera Bradley in the 1st quarter worth approximately $280,000. 68.90% of the stock is owned by hedge funds and other institutional investors.

A number of brokerages have commented on VRA. Zacks Investment Research upgraded shares of Vera Bradley from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a research note on Saturday, June 9th. TheStreet upgraded shares of Vera Bradley from a “c” rating to a “b” rating in a research note on Thursday, September 6th. BidaskClub downgraded shares of Vera Bradley from a “buy” rating to a “hold” rating in a research note on Thursday, August 30th. Finally, Telsey Advisory Group upped their target price on shares of Vera Bradley from $11.00 to $15.00 and gave the stock a “market perform” rating in a research note on Thursday, June 7th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $13.60.

Vera Bradley Company Profile

Vera Bradley, Inc, together with its subsidiaries, designs, manufactures, and sells women's handbags, luggage and travel items, fashion and home accessories, and gifts. It operates through two segments, Direct and Indirect. The company offers totes, crossbodies, satchels, clutches, backpacks, baby bags, and lunch bags; accessories, including wallets, wristlets, eyeglass cases, scarves, and various technology accessories; and travel products, such as rolling luggage, cosmetics, and travel and packing accessories, as well as travel bags comprising duffel and weekend bags.

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Insider Buying and Selling by Quarter for Vera Bradley (NASDAQ:VRA)

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