Insider Selling: Steven Margolius Sells 69,124 Shares of HD Supply Holdings Stock (HDS)
HD Supply Holdings (NYSE:HDS) Insider Steven Margolius unloaded 69,124 shares of the stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $27.00, for a total value of $1,866,348.00. Following the completion of the transaction, the insider now directly owns 250 shares of the company’s stock, valued at approximately $6,750. The transaction was disclosed in a document filed with the SEC, which is available at this link.
A number of analysts have recently weighed in on HDS shares. Analysts at Raymond James reiterated an “outperform” rating on shares of HD Supply Holdings in a research note on Wednesday, June 11th. They now have a $30.00 price target on the stock, up previously from $28.00. Separately, analysts at SunTrust reiterated a “buy” rating on shares of HD Supply Holdings in a research note on Wednesday, June 11th. They now have a $34.00 price target on the stock, up previously from $29.00. Finally, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of HD Supply Holdings in a research note on Wednesday, June 11th. They now have a $29.00 price target on the stock, up previously from $27.00. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $28.90.
Shares of HD Supply Holdings (NYSE:HDS) remained flat at $27.60 during during mid-day trading trading on Wednesday. 592,348 shares of the company’s stock traded hands. HD Supply Holdings has a one year low of $19.55 and a one year high of $29.20. The stock’s 50-day moving average is $26.73 and its 200-day moving average is $25.61. The company’s market cap is $5.323 billion.
HD Supply Holdings (NYSE:HDS) last released its earnings data on Tuesday, June 10th. The company reported $0.20 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.18 by $0.02. The company had revenue of $2.16 billion for the quarter, compared to the consensus estimate of $2.15 billion. HD Supply Holdings’s revenue was up 5.5% compared to the same quarter last year. Analysts expect that HD Supply Holdings will post $1.31 EPS for the current fiscal year.
HD Supply Holdings, Inc is an industrial distributor in North America. It operates in four segments: Facilities Maintenance, Waterworks, Power Solutions and White Cap.
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.