Aaron’s, Inc. (NYSE:AAN) CEO John W. Robinson sold 15,000 shares of the company’s stock in a transaction dated Tuesday, October 31st. The shares were sold at an average price of $36.24, for a total transaction of $543,600.00. Following the sale, the chief executive officer now directly owns 337,340 shares of the company’s stock, valued at $12,225,201.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Aaron’s, (NYSE:AAN) last released its quarterly earnings data on Friday, October 27th. The company reported $0.43 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.54 by ($0.11). Aaron’s, had a net margin of 4.15% and a return on equity of 11.41%. The business had revenue of $838.80 million for the quarter, compared to the consensus estimate of $827.20 million. During the same quarter last year, the firm earned $0.50 EPS. The company’s revenue for the quarter was up 9.1% on a year-over-year basis.

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A number of analysts have commented on AAN shares. Zacks Investment Research lowered shares of Aaron’s, from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. BidaskClub lowered shares of Aaron’s, from a “strong-buy” rating to a “buy” rating in a research note on Friday, July 7th. Jefferies Group LLC reiterated a “buy” rating and issued a $54.00 target price on shares of Aaron’s, in a report on Thursday, August 31st. KeyCorp upgraded Aaron’s, from a “sector weight” rating to an “overweight” rating and set a $50.00 target price on the stock in a report on Thursday, September 28th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $55.00 target price (up previously from $40.00) on shares of Aaron’s, in a report on Sunday, July 30th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company’s stock. Aaron’s, has a consensus rating of “Hold” and an average price target of $44.94.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. USA Financial Portformulas Corp bought a new stake in Aaron’s, in the 3rd quarter valued at approximately $482,000. American Century Companies Inc. lifted its stake in Aaron’s, by 206.0% in the 3rd quarter. American Century Companies Inc. now owns 434,161 shares of the company’s stock valued at $18,942,000 after acquiring an additional 292,286 shares in the last quarter. Stevens Capital Management LP lifted its stake in Aaron’s, by 479.4% in the 3rd quarter. Stevens Capital Management LP now owns 49,253 shares of the company’s stock valued at $2,149,000 after acquiring an additional 40,753 shares in the last quarter. Old Mutual Global Investors UK Ltd. bought a new stake in Aaron’s, in the 3rd quarter valued at approximately $1,300,000. Finally, Palisade Capital Management LLC NJ lifted its stake in Aaron’s, by 1.9% in the 3rd quarter. Palisade Capital Management LLC NJ now owns 304,988 shares of the company’s stock valued at $13,307,000 after acquiring an additional 5,637 shares in the last quarter.

About Aaron’s,

Aaron’s, Inc (Aaron’s) is an omnichannel provider of lease-purchase solutions. The Company engages in the sales and lease ownership and specialty retailing of furniture, consumer electronics, home appliances and accessories through its Company-operated and franchised stores in Canada, as well as its e-commerce platform, Aarons.com.

Insider Buying and Selling by Quarter for Aaron`s,  (NYSE:AAN)

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