HD Supply Holdings Insider Steven Margolius Sells 41,000 Shares (HDS)
HD Supply Holdings (NYSE:HDS) Insider Steven Margolius sold 41,000 shares of the company’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $24.14, for a total transaction of $989,740.00. Following the completion of the transaction, the insider now directly owns 6,500 shares of the company’s stock, valued at approximately $156,910. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
A number of research firms have recently commented on HDS. Analysts at Goldman Sachs Group Inc. downgraded shares of HD Supply Holdings from a “neutral” rating to a “sell” rating in a research note to investors on Thursday, December 12th. They now have a $20.00 price target on the stock, down previously from $22.00. Separately, analysts at Robert W. Baird cut their price target on shares of HD Supply Holdings from $27.00 to $25.00 in a research note to investors on Friday, November 15th. They now have an “outperform” rating on the stock. Finally, analysts at Robert W. Baird reiterated a “buy” rating on shares of HD Supply Holdings in a research note to investors on Thursday, November 14th. They now have a $27.00 price target on the stock. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and twelve have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $25.60.
HD Supply Holdings (NYSE:HDS) traded down 0.79% during mid-day trading on Thursday, hitting $23.82. The stock had a trading volume of 508,699 shares. HD Supply Holdings has a 1-year low of $17.80 and a 1-year high of $25.06. The stock has a 50-day moving average of $22.16 and a 200-day moving average of $21.77. The company’s market cap is $4.575 billion.
HD Supply Holdings (NYSE:HDS) last announced its earnings results on Tuesday, December 10th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.02. The company had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.29 billion. The company’s revenue for the quarter was up 7.0% on a year-over-year basis.
HD Supply Holdings, Inc is an industrial distributor in North America. It operates in four segments: Facilities Maintenance, Waterworks, Power Solutions and White Cap.
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