Levi Strauss & Co. (NYSE:LEVI) major shareholder Jennifer C. Haas sold 86,865 shares of Levi Strauss & Co. stock in a transaction that occurred on Tuesday, January 12th. The stock was sold at an average price of $22.39, for a total transaction of $1,944,907.35. Following the completion of the sale, the insider now owns 86,865 shares of the company’s stock, valued at $1,944,907.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Levi Strauss & Co. stock opened at $21.57 on Thursday. The stock has a market cap of $8.57 billion, a P/E ratio of -89.87, a PEG ratio of 4.36 and a beta of 1.03. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.96 and a quick ratio of 1.36. Levi Strauss & Co. has a 1 year low of $9.09 and a 1 year high of $22.64. The firm’s 50 day moving average price is $20.32 and its 200-day moving average price is $15.59.

Several institutional investors have recently added to or reduced their stakes in LEVI. Capital Investment Counsel Inc increased its position in Levi Strauss & Co. by 9.1% in the third quarter. Capital Investment Counsel Inc now owns 15,170 shares of the blue-jean maker’s stock worth $203,000 after purchasing an additional 1,270 shares during the last quarter. Banque Cantonale Vaudoise bought a new stake in Levi Strauss & Co. in the third quarter worth $27,000. State Street Corp increased its position in Levi Strauss & Co. by 1.3% in the third quarter. State Street Corp now owns 165,476 shares of the blue-jean maker’s stock worth $2,217,000 after purchasing an additional 2,174 shares during the last quarter. Perpetual Ltd bought a new stake in Levi Strauss & Co. in the third quarter worth $32,000. Finally, Principal Financial Group Inc. increased its position in Levi Strauss & Co. by 6.3% in the second quarter. Principal Financial Group Inc. now owns 49,452 shares of the blue-jean maker’s stock worth $663,000 after purchasing an additional 2,942 shares during the last quarter. Hedge funds and other institutional investors own 9.17% of the company’s stock.

A number of brokerages have recently commented on LEVI. Morgan Stanley upgraded shares of Levi Strauss & Co. from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $18.00 to $22.00 in a research note on Monday, October 12th. Citigroup raised their price objective on shares of Levi Strauss & Co. from $17.00 to $19.00 and gave the stock a “buy” rating in a report on Wednesday, October 7th. ValuEngine downgraded shares of Levi Strauss & Co. from a “buy” rating to a “hold” rating in a report on Monday, October 19th. JPMorgan Chase & Co. lifted their price target on shares of Levi Strauss & Co. from $18.00 to $21.00 and gave the company an “overweight” rating in a report on Thursday, January 7th. Finally, Bank of America raised shares of Levi Strauss & Co. from a “neutral” rating to a “buy” rating and lifted their price target for the company from $18.00 to $20.00 in a report on Tuesday, November 10th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the stock. Levi Strauss & Co. has an average rating of “Buy” and an average price target of $21.20.

About Levi Strauss & Co.

Levi Strauss & Co operates as an apparel company. It designs, markets, and sells jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear, and related accessories for men, women, and children in the Americas, Europe, and Asia. The company sells its products under the Levi's, Dockers, Signature by Levi Strauss & Co, and Denizen brands; and also licenses its Levi's and Dockers trademarks for various product categories, including footwear, belts, wallets and bags, outerwear, sweaters, dress shirts, kids wear, sleepwear, and hosiery.

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Insider Buying and Selling by Quarter for Levi Strauss & Co. (NYSE:LEVI)

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