Blue Apron Holdings, Inc. (NYSE:APRN) SVP Timothy J. Smith acquired 25,000 shares of Blue Apron stock in a transaction dated Monday, December 11th. The stock was bought at an average price of $3.89 per share, for a total transaction of $97,250.00. Following the completion of the transaction, the senior vice president now directly owns 28,386 shares of the company’s stock, valued at $110,421.54. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Blue Apron Holdings, Inc. (APRN) opened at $3.85 on Tuesday. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.15 and a quick ratio of 2.73. Blue Apron Holdings, Inc. has a 12 month low of $2.94 and a 12 month high of $11.00.

Blue Apron (NYSE:APRN) last announced its quarterly earnings results on Thursday, November 2nd. The company reported ($0.47) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.43) by ($0.04). The business had revenue of $210.60 million during the quarter, compared to the consensus estimate of $191.47 million. Blue Apron’s revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.56) EPS. analysts predict that Blue Apron Holdings, Inc. will post -1.66 EPS for the current fiscal year.

A number of large investors have recently made changes to their positions in APRN. JPMorgan Chase & Co. purchased a new stake in shares of Blue Apron in the second quarter worth about $31,439,000. Balyasny Asset Management LLC purchased a new stake in shares of Blue Apron in the second quarter worth about $584,000. Capital World Investors purchased a new stake in shares of Blue Apron in the second quarter worth about $36,476,000. DekaBank Deutsche Girozentrale purchased a new stake in shares of Blue Apron in the second quarter worth about $220,000. Finally, Tudor Investment Corp ET AL purchased a new stake in shares of Blue Apron in the second quarter worth about $664,000. Institutional investors own 58.35% of the company’s stock.

Several analysts have recently issued reports on the company. Barclays downgraded Blue Apron from an “equal weight” rating to an “underweight” rating and reduced their price objective for the company from $5.00 to $3.00 in a research report on Friday, November 3rd. Oppenheimer restated a “market perform” rating on shares of Blue Apron in a research report on Monday, August 21st. Guggenheim started coverage on Blue Apron in a research report on Monday, September 25th. They issued a “buy” rating and a $9.00 price objective on the stock. Canaccord Genuity reiterated a “buy” rating and issued a $11.00 target price on shares of Blue Apron in a research note on Thursday, September 14th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $6.00 target price (down from $8.00) on shares of Blue Apron in a research note on Friday, November 3rd. One research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $7.04.

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Blue Apron Company Profile

Blue Apron Holdings, Inc is a holding company. The Company is focused on providing recipes and fresh ingredients for making home cooking accessible. The Company offers under a novel business model in which it source, process, store and package meal ingredients and ship them directly to consumers. The Company’s core products include Meals and Wine.

Insider Buying and Selling by Quarter for Blue Apron (NYSE:APRN)

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