Carter’s, Inc. (NYSE:CRI) Director Thomas E. Whiddon sold 17,500 shares of the stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $90.35, for a total value of $1,581,125.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Carter’s, Inc. (CRI) traded down 0.21% during midday trading on Monday, hitting $90.91. The stock had a trading volume of 433,328 shares. Carter’s, Inc. has a one year low of $77.94 and a one year high of $103.51. The company has a market cap of $4.35 billion, a P/E ratio of 17.83 and a beta of 0.32. The stock has a 50 day moving average of $87.49 and a 200-day moving average of $87.16.

Carter’s (NYSE:CRI) last issued its earnings results on Thursday, July 27th. The textile maker reported $0.79 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.70 by $0.09. Carter’s had a return on equity of 33.18% and a net margin of 7.74%. The company had revenue of $692.10 million during the quarter, compared to the consensus estimate of $681.08 million. During the same quarter in the prior year, the business earned $0.72 earnings per share. The company’s revenue was up 8.2% compared to the same quarter last year. Analysts forecast that Carter’s, Inc. will post $5.61 EPS for the current fiscal year.

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Several large investors have recently modified their holdings of CRI. Alps Advisors Inc. increased its stake in shares of Carter’s by 0.3% in the second quarter. Alps Advisors Inc. now owns 5,419 shares of the textile maker’s stock valued at $482,000 after buying an additional 14 shares during the last quarter. Opus Capital Group LLC boosted its position in Carter’s by 0.7% in the first quarter. Opus Capital Group LLC now owns 4,096 shares of the textile maker’s stock valued at $367,000 after buying an additional 28 shares during the period. IFP Advisors Inc boosted its position in Carter’s by 2.7% in the first quarter. IFP Advisors Inc now owns 1,155 shares of the textile maker’s stock valued at $104,000 after buying an additional 30 shares during the period. Cambridge Investment Research Advisors Inc. boosted its position in Carter’s by 1.1% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 7,473 shares of the textile maker’s stock valued at $671,000 after buying an additional 78 shares during the period. Finally, Azimuth Capital Management LLC boosted its position in Carter’s by 0.3% in the first quarter. Azimuth Capital Management LLC now owns 34,370 shares of the textile maker’s stock valued at $3,086,000 after buying an additional 95 shares during the period. 98.59% of the stock is owned by institutional investors.

A number of research firms have issued reports on CRI. BidaskClub lowered Carter’s from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. Oppenheimer Holdings, Inc. set a $105.00 price target on Carter’s and gave the company a “buy” rating in a research report on Wednesday, June 14th. Stifel Nicolaus increased their price target on Carter’s from $80.00 to $84.00 and gave the company a “hold” rating in a research report on Thursday, April 27th. FBR & Co set a $111.00 price target on Carter’s and gave the company a “buy” rating in a research report on Friday, June 16th. Finally, CL King reaffirmed a “hold” rating on shares of Carter’s in a research report on Thursday, June 8th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $100.40.

Carter’s Company Profile

Carter’s, Inc (Carter’s) is a marketer of apparel for babies and young children in the United States and Canada. The Company owns two brand names in the children’s apparel industry, Carter’s and OshKosh B’gosh (OshKosh). The Company operates through five segments: Carter’s Retail, Carter’s Wholesale, OshKosh Retail, OshKosh Wholesale and International.

Insider Buying and Selling by Quarter for Carter`s (NYSE:CRI)

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