Blue Apron Holdings, Inc. (NYSE:APRN) CEO Brad Dickerson acquired 40,000 shares of the company’s stock in a transaction on Monday, December 11th. The stock was acquired at an average cost of $3.87 per share, with a total value of $154,800.00. Following the completion of the purchase, the chief executive officer now directly owns 40,000 shares in the company, valued at $154,800. The purchase was disclosed in a filing with the SEC, which is available at this link.
Brad Dickerson also recently made the following trade(s):
- On Wednesday, December 13th, Brad Dickerson acquired 180,000 shares of Blue Apron stock. The stock was acquired at an average cost of $3.93 per share, with a total value of $707,400.00.
Blue Apron Holdings, Inc. (NYSE APRN) traded down $0.01 during trading on Wednesday, hitting $3.97. 2,289,362 shares of the stock traded hands, compared to its average volume of 3,071,748. 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.
A number of institutional investors and hedge funds have recently made changes to their positions in APRN. Russell Investments Group Ltd. bought a new stake in Blue Apron during the 2nd quarter valued at about $464,000. DekaBank Deutsche Girozentrale bought a new stake in Blue Apron during the 2nd quarter valued at about $220,000. Obermeyer Wood Investment Counsel Lllp bought a new stake in Blue Apron during the 2nd quarter valued at about $110,000. LMR Partners LLP bought a new stake in Blue Apron during the 2nd quarter valued at about $2,195,000. Finally, SG Americas Securities LLC bought a new stake in Blue Apron during the 2nd quarter valued at about $264,000. Institutional investors own 58.35% of the company’s stock.
A number of brokerages have commented on APRN. KeyCorp reissued a “sector weight” rating on shares of Blue Apron in a research note on Monday, September 18th. Zacks Investment Research upgraded shares of Blue Apron from a “sell” rating to a “hold” rating in a report on Monday, September 18th. Canaccord Genuity restated a “buy” rating and issued a $11.00 target price on shares of Blue Apron in a report on Thursday, September 14th. Stifel Nicolaus lowered shares of Blue Apron from a “buy” rating to a “hold” rating and lowered their target price for the stock from $8.00 to $6.00 in a report on Friday, August 18th. Finally, Oppenheimer restated a “market perform” rating on shares of Blue Apron in a report on Monday, August 21st. One research analyst has rated the stock with a sell rating, fourteen have given a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $7.04.
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About Blue Apron
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.
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