Lands’ End Inc. (NASDAQ:LE) Director John Mcclain acquired 1,500 shares of the business’s stock in a transaction dated Friday, September 30th. The stock was acquired at an average cost of $14.43 per share, with a total value of $21,645.00. Following the purchase, the director now directly owns 100 shares in the company, valued at approximately $1,443. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Shares of Lands’ End Inc. (NASDAQ:LE) opened at 15.21 on Tuesday. The stock’s market cap is $487.16 million. Lands’ End Inc. has a 12 month low of $14.03 and a 12 month high of $28.08. The firm’s 50-day moving average is $17.53 and its 200 day moving average is $18.88.
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 positive return on equity of 6.51% and a negative net margin of 2.66%. The firm had revenue of $292 million for the quarter, compared to the consensus estimate of $292.25 million. During the same quarter in the previous year, the business posted $0.23 EPS. Lands’ End’s revenue was down 6.5% on a year-over-year basis. On average, equities analysts predict that Lands’ End Inc. will post $0.49 EPS for the current year.
Large investors have recently added to or reduced their stakes in the company. Royal Bank of Canada boosted its stake in shares of Lands’ End by 114.9% in the first quarter. Royal Bank of Canada now owns 19,957 shares of the company’s stock valued at $509,000 after buying an additional 154,295 shares in the last quarter. Point72 Asset Management L.P. acquired a new stake in shares of Lands’ End during the second quarter valued at $1,232,000. Olstein Capital Management L.P. boosted its stake in shares of Lands’ End by 79.8% in the second quarter. Olstein Capital Management L.P. now owns 152,970 shares of the company’s stock valued at $2,512,000 after buying an additional 67,870 shares in the last quarter. Janus Capital Management LLC boosted its stake in shares of Lands’ End by 1.1% in the second quarter. Janus Capital Management LLC now owns 3,917,413 shares of the company’s stock valued at $64,324,000 after buying an additional 42,199 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of Lands’ End by 2.0% in the second quarter. Vanguard Group Inc. now owns 1,115,264 shares of the company’s stock valued at $18,311,000 after buying an additional 21,826 shares in the last quarter. Institutional investors own 71.31% of the company’s stock.
A number of equities research analysts have recently issued reports on LE shares. Zacks Investment Research cut shares of Lands’ End from a “hold” rating to a “sell” rating in a research note on Wednesday, September 28th. CL King cut shares of Lands’ End from a “buy” rating to a “neutral” rating in a research report on Monday, September 26th.
About Lands’ End
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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