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Shutterfly (NASDAQ:SFLY) CMO John Boris unloaded 3,052 shares of the company’s stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $49.85, for a total value of $152,142.20. Following the sale, the chief marketing officer now directly owns 85,104 shares of the company’s stock, valued at approximately $4,242,434. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

A number of analysts have recently weighed in on SFLY shares. Analysts at Zacks reiterated a “neutral” rating on shares of Shutterfly in a research note on Friday, June 27th. They now have a $44.00 price target on the stock. Separately, analysts at TheStreet downgraded shares of Shutterfly from a “hold” rating to a “sell” rating in a research note on Tuesday, May 6th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $53.00.

Shutterfly (NASDAQ:SFLY) traded down 0.42% on Thursday, hitting $49.79. The stock had a trading volume of 1,203,930 shares. Shutterfly has a 1-year low of $36.30 and a 1-year high of $59.93. The stock’s 50-day moving average is $41.86 and its 200-day moving average is $44.77. The company’s market cap is $1.918 billion. Shutterfly also was the target of some unusual options trading on Wednesday. Stock investors acquired 10,709 call options on the company. This represents an increase of approximately 1,276% compared to the average volume of 778 call options.

Shutterfly (NASDAQ:SFLY) last issued its quarterly earnings data on Wednesday, April 30th. The company reported ($0.89) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.94) by $0.05. The company had revenue of $137.10 million for the quarter, compared to the consensus estimate of $134.56 million. On average, analysts predict that Shutterfly will post $-0.21 earnings per share for the current fiscal year.

Shutterfly, Inc is an Internet-based social expression and personal publishing service that enables consumers to share, print and preserve their memories its technology, manufacturing, Web-design and merchandising capabilities.

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