Insider Selling: Colin Campbell Unloads 13,200 Shares of Express Stock (EXPR)
Express (NASDAQ:EXPR) EVP Colin Campbell unloaded 13,200 shares of Express stock on the open market in a transaction dated Thursday, September 26th. The shares were sold at an average price of $24.00, for a total transaction of $316,800.00. Following the sale, the executive vice president now directly owns 164,694 shares in the company, valued at approximately $3,952,656. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
EXPR has been the subject of a number of recent research reports. Analysts at Nomura initiated coverage on shares of Express (NASDAQ:EXPR) in a research note to investors on Monday, September 9th. They set a “buy” rating and a $25.00 price target on the stock. Separately, analysts at FBR & Co. initiated coverage on shares of Express (NASDAQ:EXPR) in a research note to investors on Thursday, August 1st. They set an “outperform” rating on the stock. Finally, analysts at FBR Capital Markets initiated coverage on shares of Express (NASDAQ:EXPR) in a research note to investors on Thursday, August 1st. They set an “outperform” rating on the stock. Two research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $22.71.
Express (NASDAQ:EXPR) traded up 2.08% during mid-day trading on Thursday, hitting $24.05. 815,671 shares of the company’s stock traded hands. Express has a 52-week low of $10.47 and a 52-week high of $24.02. The stock has a 50-day moving average of $21.67 and a 200-day moving average of $20.34. The company has a market cap of $2.044 billion and a P/E ratio of 15.37.
Express (NASDAQ:EXPR) last released its earnings data on Wednesday, August 28th. The company reported $0.20 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.20. The company had revenue of $486.20 million for the quarter, compared to the consensus estimate of $484.99 million. During the same quarter in the prior year, the company posted $0.18 earnings per share. The company’s quarterly revenue was up 6.9% on a year-over-year basis. Analysts expect that Express will post $1.60 EPS for the current fiscal year.
Express, Inc (NASDAQ:EXPR) is a specialty apparel and accessory retailer offering both women’s and men’s merchandise.
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