Perry Ellis International Inc. (NASDAQ:PERY)‘s stock had its “buy” rating reiterated by analysts at Brean Capital in a research report issued to clients and investors on Thursday.

PERY has been the topic of several other reports. Zacks Investment Research lowered Perry Ellis International from a “buy” rating to a “hold” rating in a research note on Thursday, July 21st. Sidoti started coverage on Perry Ellis International in a research note on Wednesday, June 1st. They set a “buy” rating on the stock. Finally, Deutsche Bank AG restated a “hold” rating and set a $26.00 price target on shares of Perry Ellis International in a research note on Thursday, August 18th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $26.50.

Shares of Perry Ellis International (NASDAQ:PERY) traded up 1.16% during trading on Thursday, hitting $20.03. The stock had a trading volume of 17,178 shares. Perry Ellis International has a 52 week low of $15.73 and a 52 week high of $23.34. The stock’s 50 day moving average is $19.79 and its 200 day moving average is $19.63. The stock’s market capitalization is $299.51 million.

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Perry Ellis International (NASDAQ:PERY) last issued its quarterly earnings results on Thursday, August 18th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.14. Perry Ellis International had a positive return on equity of 8.31% and a negative net margin of 0.54%. The firm had revenue of $202 million for the quarter, compared to analyst estimates of $197.63 million. During the same period in the previous year, the company posted $0.31 earnings per share. The company’s quarterly revenue was down 5.5% compared to the same quarter last year. On average, equities research analysts expect that Perry Ellis International will post $1.98 earnings per share for the current fiscal year.

In other news, CEO Oscar Feldenkreis sold 25,000 shares of the company’s stock in a transaction that occurred on Thursday, July 14th. The stock was sold at an average price of $21.97, for a total value of $549,250.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Stanley P. Silverstein sold 10,942 shares of the company’s stock in a transaction that occurred on Wednesday, September 14th. The shares were sold at an average price of $19.61, for a total value of $214,572.62. Following the completion of the sale, the insider now owns 74,960 shares in the company, valued at $1,469,965.60. The disclosure for this sale can be found here. 22.20% of the stock is owned by insiders.

Several large investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its stake in Perry Ellis International by 211.6% in the first quarter. JPMorgan Chase & Co. now owns 237,475 shares of the company’s stock valued at $4,372,000 after buying an additional 161,275 shares in the last quarter. Kennedy Capital Management Inc. raised its stake in Perry Ellis International by 46.2% in the first quarter. Kennedy Capital Management Inc. now owns 217,764 shares of the company’s stock valued at $4,009,000 after buying an additional 68,848 shares in the last quarter. Springbok Capital Management LLC raised its stake in Perry Ellis International by 34.6% in the first quarter. Springbok Capital Management LLC now owns 10,900 shares of the company’s stock valued at $201,000 after buying an additional 2,800 shares in the last quarter. Spark Investment Management LLC bought a new stake in Perry Ellis International during the first quarter valued at $554,000. Finally, Acrospire Investment Management LLC bought a new stake in Perry Ellis International during the first quarter valued at $221,000. Institutional investors own 66.87% of the company’s stock.

About Perry Ellis International

Perry Ellis International, Inc is an apparel company. The Company designs, sources, markets and licenses its products nationally and internationally at multiple price points and across all levels of retail distribution. It operates through four segments: Men’s Sportswear and Swim, Women’s Sportswear, Direct-to-Consumer and Licensing.

5 Day Chart for NASDAQ:PERY

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