Insider Buying: Edgar O. Huber Purchases 1,000 Shares of Lands’ End Stock (LE)
Lands’ End (NYSE:LE) CEO Edgar O. Huber acquired 1,000 shares of the company’s stock on the open market in a transaction that occurred on Thursday, June 19th. The shares were purchased at an average cost of $33.96 per share, with a total value of $33,960.00. Following the purchase, the chief executive officer now directly owns 77,437 shares in the company, valued at approximately $2,629,761. The purchase was disclosed in a filing with the SEC, which is available at this link.
Lands’ End (NYSE:LE) traded down 0.36% during mid-day trading on Tuesday, hitting $33.1903. The stock had a trading volume of 5,412 shares. Lands’ End has a one year low of $25.35 and a one year high of $35.27. The stock has a 50-day moving average of $28.26 and a 200-day moving average of $28.43. The company has a market cap of $1.061 billion and a P/E ratio of 12.93.
Lands’ End (NYSE:LE) last issued its quarterly earnings data on Thursday, June 12th. The company reported $0.34 earnings per share for the quarter. The company had revenue of $330.50 million for the quarter, compared to the consensus estimate of $319.00 million.
Separately, analysts at Craig Hallum initiated coverage on shares of Lands’ End in a research note on Wednesday, June 18th. They set a “buy” rating and a $40.00 price target on the stock.
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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