Lands’ End, Inc. (NASDAQ:LE) major shareholder Edward S. Lampert acquired 149,844 shares of the stock in a transaction dated Tuesday, October 31st. The stock was acquired at an average cost of $10.81 per share, with a total value of $1,619,813.64. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Lands’ End (NASDAQ:LE) last posted its earnings results on Thursday, August 31st. The company reported ($0.12) earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of ($0.12). The firm had revenue of $302.19 million during the quarter, compared to the consensus estimate of $292.59 million. Lands’ End had a negative net margin of 8.48% and a negative return on equity of 0.73%. The company’s revenue was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.06) EPS.

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Several research analysts have recently commented on the stock. BidaskClub lowered shares of Lands’ End from a “sell” rating to a “strong sell” rating in a research note on Wednesday. Zacks Investment Research lowered shares of Lands’ End from a “buy” rating to a “hold” rating in a research note on Tuesday, September 12th. One investment analyst has rated the stock with a sell rating and three have given a hold rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $14.00.

Institutional investors and hedge funds have recently bought and sold shares of the stock. American International Group Inc. increased its position in Lands’ End by 7.1% during the 1st quarter. American International Group Inc. now owns 9,188 shares of the company’s stock worth $197,000 after purchasing an additional 608 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in Lands’ End during the 2nd quarter worth approximately $199,000. Nationwide Fund Advisors increased its position in Lands’ End by 110.3% during the 3rd quarter. Nationwide Fund Advisors now owns 17,033 shares of the company’s stock worth $225,000 after purchasing an additional 8,934 shares in the last quarter. Metropolitan Life Insurance Co. NY increased its position in Lands’ End by 4.3% during the 1st quarter. Metropolitan Life Insurance Co. NY now owns 12,231 shares of the company’s stock worth $262,000 after purchasing an additional 500 shares in the last quarter. Finally, Credit Suisse AG increased its position in Lands’ End by 84.7% during the 1st quarter. Credit Suisse AG now owns 31,995 shares of the company’s stock worth $686,000 after purchasing an additional 14,677 shares in the last quarter. 60.54% of the stock is owned by hedge funds and other institutional investors.

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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