Lands’ End, Inc. (NASDAQ:LE) major shareholder Edward S. Lampert acquired 66,752 shares of the company’s stock in a transaction that occurred on Thursday, August 10th. The stock was acquired at an average price of $12.70 per share, with a total value of $847,750.40. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Lands’ End, Inc. (LE) traded down 1.13% on Monday, reaching $13.10. 152,879 shares of the company’s stock traded hands. Lands’ End, Inc. has a 52 week low of $12.65 and a 52 week high of $24.80. The stock has a 50-day moving average of $13.85 and a 200 day moving average of $17.65. The firm’s market capitalization is $419.58 million.

Lands’ End (NASDAQ:LE) last issued its quarterly earnings data on Tuesday, June 6th. The company reported ($0.24) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.25) by $0.01. Lands’ End had a negative net margin of 8.41% and a negative return on equity of 0.07%. The company had revenue of $268.37 million during the quarter, compared to the consensus estimate of $270.10 million. During the same quarter last year, the company earned ($0.18) earnings per share. Lands’ End’s revenue for the quarter was down 1.9% on a year-over-year basis. On average, equities analysts expect that Lands’ End, Inc. will post $0.19 EPS for the current fiscal year.

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Hedge funds have recently modified their holdings of the stock. State Street Corp increased its stake in shares of Lands’ End by 4.1% in the fourth quarter. State Street Corp now owns 283,599 shares of the company’s stock valued at $4,298,000 after buying an additional 11,123 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Lands’ End by 2.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 135,810 shares of the company’s stock valued at $2,058,000 after buying an additional 2,745 shares during the period. Teachers Advisors LLC increased its stake in shares of Lands’ End by 22.9% in the fourth quarter. Teachers Advisors LLC now owns 53,803 shares of the company’s stock valued at $815,000 after buying an additional 10,025 shares during the period. Bank of New York Mellon Corp increased its stake in shares of Lands’ End by 2.5% in the first quarter. Bank of New York Mellon Corp now owns 71,676 shares of the company’s stock valued at $1,538,000 after buying an additional 1,734 shares during the period. Finally, Teton Advisors Inc. increased its stake in shares of Lands’ End by 25.5% in the first quarter. Teton Advisors Inc. now owns 69,000 shares of the company’s stock valued at $1,480,000 after buying an additional 14,000 shares during the period. 62.58% of the stock is owned by institutional investors.

Several research analysts have commented on the stock. Zacks Investment Research upgraded shares of Lands’ End from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 26th. ValuEngine upgraded shares of Lands’ End from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Craig Hallum set a $15.00 price target on shares of Lands’ End and gave the stock a “hold” rating in a report on Wednesday, June 21st. TheStreet cut shares of Lands’ End from a “c-” rating to a “d+” rating in a report on Thursday, June 8th. Finally, BidaskClub upgraded shares of Lands’ End from a “strong sell” rating to a “sell” rating in a report on Thursday. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $15.00.

About Lands’ End

Lands’ End, Inc (Lands’ End) is a multi-channel retailer of casual clothing, accessories and footwear, as well as home products. The Company operates through two segments: Direct and Retail. The Company offers products through catalogs, online at www.landsend.com. The Direct segment sells products through the Company’s e-commerce Websites, international Websites and direct mail catalogs.

Insider Buying and Selling by Quarter for Lands` End (NASDAQ:LE)

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