Insider Selling: Joseph Cirelli Sells 17,050 Shares of Pep Boys-Manny Moe & Jack Stock (PBY)
Pep Boys-Manny Moe & Jack (NYSE:PBY) SVP Joseph Cirelli unloaded 17,050 shares of Pep Boys-Manny Moe & Jack stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $12.23, for a total transaction of $208,521.50. Following the completion of the transaction, the senior vice president now directly owns 5,990 shares of the company’s stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Separately, analysts at Zacks upgraded shares of Pep Boys-Manny Moe & Jack (NYSE:PBY) from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, August 20th. They now have a $12.50 price target on the stock.
Pep Boys-Manny Moe & Jack (NYSE:PBY) traded down 0.49% on Monday, hitting $12.11. 437,916 shares of the company’s stock traded hands. Pep Boys-Manny Moe & Jack has a 52-week low of $9.17 and a 52-week high of $13.00. The stock has a 50-day moving average of $12.07 and a 200-day moving average of $11.84. The company’s market cap is $643.0 million.
Pep Boys-Manny Moe & Jack (NYSE:PBY) last issued its quarterly earnings data on Monday, September 9th. The company reported $0.10 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.19 by $0.09. The company had revenue of $527.60 million for the quarter, compared to the consensus estimate of $539.35 million. During the same quarter in the prior year, the company posted $0.61 earnings per share. The company’s quarterly revenue was up .4% on a year-over-year basis. Analysts expect that Pep Boys-Manny Moe & Jack will post $0.52 EPS for the current fiscal year.
The Pep Boys-Manny, Moe & Jack is offering automotive service, tires, parts and accessories. The Company’s majority of its stores are in a Supercenter format (NYSE:PBY), which serves both do-it-for-me (DIFM), which includes service labor, installed merchandise and tires and do-it-yourself (DIY), customers with the service and merchandise offering.
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