Lands’ End Inc. (NASDAQ:LE) Director Elizabeth Leykum bought 5,000 shares of the firm’s stock in a transaction that occurred on Friday, October 7th. The stock was purchased at an average price of $15.00 per share, with a total value of $75,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of Lands’ End Inc. (NASDAQ:LE) opened at 14.89 on Thursday. The stock’s market cap is $476.91 million. Lands’ End Inc. has a one year low of $14.03 and a one year high of $27.60. The company has a 50-day moving average of $17.05 and a 200 day moving average of $18.42.
Lands’ End (NASDAQ:LE) last released its earnings results on Thursday, September 1st. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by $0.08. Lands’ End had a negative net margin of 2.66% and a positive return on equity of 6.51%. The business earned $292 million during the quarter, compared to analyst estimates of $292.25 million. During the same period last year, the business posted $0.23 EPS. Lands’ End’s revenue was down 6.5% compared to the same quarter last year. On average, equities analysts forecast that Lands’ End Inc. will post $0.49 earnings per share for the current fiscal year.
A number of large investors have recently added to or reduced their stakes in LE. Cubist Systematic Strategies LLC acquired a new stake in Lands’ End during the second quarter worth approximately $129,000. Paloma Partners Management Co increased its stake in Lands’ End by 4.3% in the second quarter. Paloma Partners Management Co now owns 12,255 shares of the company’s stock worth $201,000 after buying an additional 507 shares during the period. Zacks Investment Management acquired a new stake in Lands’ End during the second quarter worth approximately $218,000. Trexquant Investment LP acquired a new stake in Lands’ End during the second quarter worth approximately $224,000. Finally, Alliancebernstein L.P. increased its stake in Lands’ End by 68.3% in the second quarter. Alliancebernstein L.P. now owns 20,200 shares of the company’s stock worth $332,000 after buying an additional 8,200 shares during the period. 71.31% of the stock is owned by institutional investors.
LE has been the subject of several recent analyst reports. Zacks Investment Research raised shares of Lands’ End from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 3rd. CL King lowered shares of Lands’ End from a “buy” rating to a “neutral” rating in a report on Monday, September 26th.
Lands’ End Company Profile
Lands’ End, Inc (Lands’ End) is a multi-channel retailer of casual clothing, accessories and footwear, as well as home products. The Company operates through two segments: Direct and Retail. The Company offers products through catalogs, online at www.landsend.com. The Direct segment sells products through the Company’s e-commerce Websites, international Websites and direct mail catalogs.
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