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HSN (NASDAQ:HSNI) CEO Mindy F. Grossman sold 23,074 shares of HSN stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $55.89, for a total value of $1,289,605.86. Following the completion of the sale, the chief executive officer now directly owns 124,089 shares of the company’s stock, valued at approximately $6,935,334. The transaction was disclosed in a filing with the SEC, which is available at this link.

Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of HSN from a “neutral” rating to an “underperform” rating in a research note on Tuesday, May 13th. They now have a $53.90 price target on the stock. Separately, analysts at Telsey Advisory Group cut their price target on shares of HSN from $79.00 to $72.00 in a research note on Friday, May 2nd. They now have a “not rated” rating on the stock. Finally, analysts at Ned Davis Research upgraded shares of HSN from a “neutral” rating to a “buy” rating in a research note on Monday, April 28th. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $65.18.

HSN (NASDAQ:HSNI) traded up 0.07% on Tuesday, hitting $56.16. The stock had a trading volume of 276,393 shares. HSN has a 52 week low of $50.03 and a 52 week high of $65.00. The stock’s 50-day moving average is $55.68 and its 200-day moving average is $57.88. The company has a market cap of $2.989 billion and a price-to-earnings ratio of 17.82.

HSN (NASDAQ:HSNI) last announced its earnings results on Thursday, May 1st. The company reported $0.50 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.59 by $0.09. The company had revenue of $777.40 million for the quarter, compared to the consensus estimate of $792.14 million. During the same quarter in the prior year, the company posted $0.56 earnings per share. The company’s quarterly revenue was up .6% on a year-over-year basis. On average, analysts predict that HSN will post $3.20 earnings per share for the current fiscal year.

HSN, Inc (NASDAQ:HSNI) is an interactive multichannel retailer.

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