Tuesday Morning Co. (NASDAQ:TUES) CEO Steven R. Becker acquired 90,100 shares of Tuesday Morning stock in a transaction that occurred on Thursday, May 25th. The stock was bought at an average price of $1.82 per share, with a total value of $163,982.00. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.

Shares of Tuesday Morning Co. (NASDAQ:TUES) traded down 2.78% during trading on Friday, reaching $1.75. 1,751,989 shares of the company’s stock were exchanged. Tuesday Morning Co. has a 52 week low of $1.70 and a 52 week high of $8.11. The firm’s market capitalization is $77.04 million. The company’s 50-day moving average price is $2.76 and its 200 day moving average price is $4.05.

Tuesday Morning (NASDAQ:TUES) last announced its earnings results on Thursday, May 4th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.27) by $0.07. The company had revenue of $203 million during the quarter, compared to the consensus estimate of $207.10 million. Tuesday Morning had a negative net margin of 0.98% and a negative return on equity of 4.20%. The business’s quarterly revenue was down 4.0% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.12) EPS. Analysts predict that Tuesday Morning Co. will post ($0.63) EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Tuesday Morning (NASDAQ:TUES)

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Large investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP increased its stake in shares of Tuesday Morning by 7.4% in the first quarter. Dimensional Fund Advisors LP now owns 3,625,209 shares of the company’s stock worth $13,595,000 after buying an additional 249,080 shares during the last quarter. Grace & White Inc. NY increased its stake in shares of Tuesday Morning by 62.2% in the first quarter. Grace & White Inc. NY now owns 1,103,549 shares of the company’s stock worth $4,138,000 after buying an additional 423,292 shares during the last quarter. State Street Corp increased its stake in shares of Tuesday Morning by 12.7% in the fourth quarter. State Street Corp now owns 935,805 shares of the company’s stock worth $5,054,000 after buying an additional 105,362 shares during the last quarter. Guggenheim Capital LLC increased its stake in shares of Tuesday Morning by 145.4% in the fourth quarter. Guggenheim Capital LLC now owns 906,261 shares of the company’s stock worth $4,894,000 after buying an additional 536,934 shares during the last quarter. Finally, Numeric Investors LLC increased its stake in shares of Tuesday Morning by 434.1% in the fourth quarter. Numeric Investors LLC now owns 398,475 shares of the company’s stock worth $2,152,000 after buying an additional 323,875 shares during the last quarter. 88.90% of the stock is owned by institutional investors.

Several brokerages recently commented on TUES. Zacks Investment Research cut shares of Tuesday Morning from a “hold” rating to a “sell” rating in a research note on Tuesday, March 21st. B. Riley reiterated a “neutral” rating and issued a $4.50 price objective on shares of Tuesday Morning in a research note on Monday, February 6th.

About Tuesday Morning

Tuesday Morning Corporation is an off-price retailer. The Company specializes in selling discounted, upscale decorative home accessories, housewares, seasonal goods and famous-maker gifts. The Company operated 751 stores in 40 states in the United States, as of June 30, 2016. The Company offers products in a range of categories, such as home decor, furniture, bed and bath, kitchen, toys, crafts, pets and seasonal goods.

12 Month Chart for NASDAQ:TUES

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