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Outerwall (NASDAQ:OUTR) CAO Peter Osvaldik purchased 125 shares of the company’s stock on the open market in a transaction dated Tuesday, August 5th. The stock was purchased at an average price of $55.50 per share, with a total value of $6,937.50. Following the acquisition, the chief accounting officer now directly owns 2,447 shares in the company, valued at approximately $135,809. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Outerwall from a “neutral” rating to an “underperform” rating in a research note on Tuesday. They now have a $54.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Outerwall in a research note on Friday, August 1st. They now have a $48.00 price target on the stock, down previously from $49.00. Finally, analysts at B. Riley reiterated a “neutral” rating on shares of Outerwall in a research note on Friday, August 1st. They now have a $58.00 price target on the stock, down previously from $64.00. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $64.75.

Shares of Outerwall (NASDAQ:OUTR) traded down 0.57% on Wednesday, hitting $55.86. The stock had a trading volume of 923,551 shares. Outerwall has a 52-week low of $46.25 and a 52-week high of $74.30. The stock has a 50-day moving average of $56.95 and a 200-day moving average of $65.58. The company has a market cap of $1.072 billion and a P/E ratio of 9.45.

Outerwall (NASDAQ:OUTR) last announced its earnings results on Thursday, July 31st. The company reported $1.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.40 by $0.02. The company had revenue of $549.17 million for the quarter, compared to the consensus estimate of $560.25 million. During the same quarter in the previous year, the company posted $1.91 earnings per share. The company’s revenue for the quarter was down .7% on a year-over-year basis. On average, analysts predict that Outerwall will post $5.98 earnings per share for the current fiscal year.

Outerwall Inc, formerly Coinstar, Inc, is a provider of automated retail solutions, which offers convenient products and services.

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