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.

Blue Apron (NYSE:APRN) last announced its quarterly earnings data on Thursday, November 2nd. The company reported ($0.47) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.43) by ($0.04). The company had revenue of $210.60 million for the quarter, compared to the consensus estimate of $191.47 million. During the same period last year, the firm earned ($0.56) EPS. Blue Apron’s quarterly revenue was up 2.5% compared to the same quarter last year. research analysts forecast that Blue Apron Holdings, Inc. will post -1.66 EPS for the current year.

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.

ILLEGAL ACTIVITY NOTICE: “Blue Apron Holdings, Inc. (APRN) CEO Acquires $154,800.00 in Stock” was first published by American Banking News and is the sole property of of American Banking News. If you are reading this news story on another website, it was stolen and reposted in violation of US and international copyright & trademark laws. The correct version of this news story can be accessed at https://www.americanbankingnews.com/2017/12/13/blue-apron-holdings-inc-aprn-ceo-acquires-154800-00-in-stock.html.

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.

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

Receive News & Ratings for Blue Apron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blue Apron and related companies with MarketBeat.com's FREE daily email newsletter.