Aaron’s, Inc. (NYSE:AAN) CFO Steven A. Michaels sold 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $37.15, for a total value of $148,600.00. Following the transaction, the chief financial officer now owns 56,769 shares in the company, valued at approximately $2,108,968.35. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Aaron’s, (NYSE:AAN) last issued its earnings results on Friday, October 27th. The company reported $0.43 EPS for the quarter, missing the Zacks’ consensus estimate of $0.54 by ($0.11). The company had revenue of $838.80 million for the quarter, compared to analysts’ expectations of $827.20 million. Aaron’s, had a return on equity of 11.41% and a net margin of 4.15%. The business’s revenue was up 9.1% compared to the same quarter last year. During the same period last year, the business posted $0.50 earnings per share.

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AAN has been the topic of a number of research analyst reports. Off Wall Street initiated coverage on Aaron’s, in a report on Monday, September 18th. They set a “sell” rating on the stock. Jefferies Group LLC reiterated a “buy” rating on shares of Aaron’s, in a report on Sunday, July 30th. Stifel Nicolaus reiterated a “buy” rating and set a $55.00 target price on shares of Aaron’s, in a report on Friday, September 1st. Janney Montgomery Scott initiated coverage on Aaron’s, in a report on Wednesday, October 18th. They set a “neutral” rating and a $42.00 target price on the stock. Finally, BidaskClub downgraded Aaron’s, from a “strong-buy” rating to a “buy” rating in a report on Friday, July 7th. Two analysts have rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $44.94.

A number of hedge funds have recently modified their holdings of the stock. Northwestern Mutual Investment Management Company LLC increased its holdings in Aaron’s, by 1.9% during the second quarter. Northwestern Mutual Investment Management Company LLC now owns 11,178 shares of the company’s stock valued at $245,000 after buying an additional 210 shares during the period. UBS Group AG increased its holdings in Aaron’s, by 0.6% during the first quarter. UBS Group AG now owns 44,095 shares of the company’s stock valued at $1,311,000 after buying an additional 255 shares during the period. Louisiana State Employees Retirement System increased its holdings in Aaron’s, by 1.9% during the second quarter. Louisiana State Employees Retirement System now owns 16,400 shares of the company’s stock valued at $638,000 after buying an additional 300 shares during the period. Great West Life Assurance Co. Can increased its holdings in Aaron’s, by 0.8% during the second quarter. Great West Life Assurance Co. Can now owns 38,370 shares of the company’s stock valued at $1,492,000 after buying an additional 307 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Aaron’s, by 13.4% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,649 shares of the company’s stock valued at $103,000 after buying an additional 312 shares during the period.

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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