Share on StockTwits

Martha Stewart Living Omnimedia (NYSE:MSO) major shareholder Martha Stewart sold 83,333 shares of the stock on the open market in a transaction dated Monday, August 4th. The stock was sold at an average price of $4.41, for a total transaction of $367,498.53. Following the sale, the insider now directly owns 14,748 shares in the company, valued at approximately $65,039. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Separately, analysts at Noble Financial upgraded shares of Martha Stewart Living Omnimedia from a “hold” rating to a “buy” rating in a research note on Wednesday, May 7th. They noted that the move was a valuation call. Two research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Martha Stewart Living Omnimedia has a consensus rating of “Buy” and a consensus price target of $4.80.

Shares of Martha Stewart Living Omnimedia (NYSE:MSO) traded up 1.83% during mid-day trading on Tuesday, hitting $4.45. The stock had a trading volume of 113,560 shares. Martha Stewart Living Omnimedia has a 52 week low of $2.20 and a 52 week high of $5.50. The stock’s 50-day moving average is $4. and its 200-day moving average is $4.46. The company has a market cap of $254.0 million and a price-to-earnings ratio of 140.97.

Martha Stewart Living Omnimedia (NYSE:MSO) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.01. The company had revenue of $37.60 million for the quarter, compared to the consensus estimate of $38.52 million. During the same quarter in the previous year, the company posted ($0.02) earnings per share. The company’s revenue for the quarter was down 10.9% on a year-over-year basis. Analysts expect that Martha Stewart Living Omnimedia will post $0.03 EPS for the current fiscal year.

Martha Stewart Living Omnimedia, Inc (NYSE:MSO) is an integrated media and merchandising company providing consumers with lifestyle content and products.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.