Insider Buying: Lands’ End Director Purchases 1,500 Shares of Stock (LE)
Lands’ End (NYSE:LE) Director Jonah Staw bought 1,500 shares of Lands’ End stock in a transaction that occurred on Tuesday, June 17th. The stock was purchased at an average cost of $32.83 per share, with a total value of $49,245.00. Following the completion of the purchase, the director now directly owns 1,500 shares in the company, valued at approximately $49,245. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.
Separately, analysts at Craig Hallum initiated coverage on shares of Lands’ End in a research note on Wednesday. They set a “buy” rating and a $40.00 price target on the stock.
Shares of Lands’ End (NYSE:LE) traded down 0.29% on Friday, hitting $34.77. The stock had a trading volume of 100,649 shares. Lands’ End has a 52-week low of $25.35 and a 52-week high of $35.00. The stock has a 50-day moving average of $27.88 and a 200-day moving average of $28.26. The company has a market cap of $1.111 billion and a P/E ratio of 13.53.
Lands’ End (NYSE:LE) last posted its quarterly earnings results on Thursday, June 12th. The company reported $0.34 EPS for the quarter. The company had revenue of $330.50 million for the quarter, compared to the consensus estimate of $319.00 million.
Lands’ End, Inc (NYSE:LE) is a multi-channel retailer of casual clothing, accessories and footwear, as well as home products.
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