Stamps.com Inc. (NASDAQ:STMP) insider John Roland Clem sold 800 shares of Stamps.com stock in a transaction on Wednesday, October 4th. The shares were sold at an average price of $220.00, for a total value of $176,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

John Roland Clem also recently made the following trade(s):

  • On Wednesday, September 20th, John Roland Clem sold 2,500 shares of Stamps.com stock. The shares were sold at an average price of $210.04, for a total value of $525,100.00.
  • On Thursday, September 21st, John Roland Clem sold 3,200 shares of Stamps.com stock. The shares were sold at an average price of $210.00, for a total value of $672,000.00.
  • On Friday, September 22nd, John Roland Clem sold 10,000 shares of Stamps.com stock. The shares were sold at an average price of $210.19, for a total value of $2,101,900.00.

Stamps.com Inc. (NASDAQ:STMP) traded down 0.58% during midday trading on Thursday, hitting $215.70. The company had a trading volume of 190,976 shares. The firm has a market cap of $3.65 billion, a price-to-earnings ratio of 34.89 and a beta of -0.04. The stock has a 50 day moving average of $201.75 and a 200 day moving average of $153.83. Stamps.com Inc. has a 52-week low of $89.26 and a 52-week high of $220.25.

Stamps.com (NASDAQ:STMP) last issued its earnings results on Wednesday, August 2nd. The software maker reported $1.69 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.33 by $0.36. Stamps.com had a return on equity of 34.46% and a net margin of 26.66%. The firm had revenue of $116.14 million for the quarter, compared to analysts’ expectations of $99.29 million. During the same quarter last year, the firm earned $1.94 earnings per share. The firm’s revenue for the quarter was up 38.2% compared to the same quarter last year. On average, analysts anticipate that Stamps.com Inc. will post $8.05 EPS for the current year.

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A number of institutional investors have recently modified their holdings of the stock. Bank of Montreal Can raised its position in Stamps.com by 1.6% in the second quarter. Bank of Montreal Can now owns 1,074 shares of the software maker’s stock valued at $167,000 after purchasing an additional 17 shares during the period. Renaissance Group LLC raised its position in Stamps.com by 0.7% in the second quarter. Renaissance Group LLC now owns 2,980 shares of the software maker’s stock valued at $462,000 after purchasing an additional 21 shares during the period. Pinebridge Investments L.P. raised its position in Stamps.com by 1.6% in the second quarter. Pinebridge Investments L.P. now owns 2,076 shares of the software maker’s stock valued at $322,000 after purchasing an additional 32 shares during the period. Amalgamated Bank raised its position in Stamps.com by 3.4% in the second quarter. Amalgamated Bank now owns 2,211 shares of the software maker’s stock valued at $342,000 after purchasing an additional 72 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in Stamps.com by 11.6% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 883 shares of the software maker’s stock valued at $137,000 after purchasing an additional 92 shares during the period.

Several equities research analysts recently issued reports on the company. Zacks Investment Research downgraded Stamps.com from a “strong-buy” rating to a “hold” rating in a report on Wednesday. B. Riley set a $250.00 price objective on Stamps.com and gave the company a “buy” rating in a report on Thursday. ValuEngine downgraded Stamps.com from a “buy” rating to a “hold” rating in a report on Monday. Northland Securities reiterated a “buy” rating and issued a $200.00 price objective on shares of Stamps.com in a report on Thursday, September 14th. Finally, Craig Hallum set a $230.00 price objective on Stamps.com and gave the company a “buy” rating in a report on Friday, August 25th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $204.57.

About Stamps.com

Stamps.com Inc is a provider of Internet-based mailing and shipping solutions in the United States. The Company offers mailing and shipping products and services to its customers under the Stamps.com, Endicia, ShipStation, ShipWorks and ShippingEasy brands. It operates through the Internet Mailing and Shipping Services segment.

Insider Buying and Selling by Quarter for Stamps.com (NASDAQ:STMP)

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