Leaf Group Ltd (NYSE:LFGR) has received a consensus rating of “Buy” from the seven brokerages that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $10.04.

Several analysts recently issued reports on the company. Zacks Investment Research raised Leaf Group from a “hold” rating to a “buy” rating and set a $7.75 target price on the stock in a research note on Wednesday, October 4th. ValuEngine raised Leaf Group from a “sell” rating to a “hold” rating in a research note on Sunday, December 31st.

In other Leaf Group news, EVP Daniel J. Weinrot sold 4,500 shares of Leaf Group stock in a transaction that occurred on Tuesday, December 26th. The stock was sold at an average price of $9.50, for a total transaction of $42,750.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Over the last ninety days, insiders have sold 7,891 shares of company stock worth $69,118. Insiders own 47.60% of the company’s stock.

A number of institutional investors have recently bought and sold shares of LFGR. Schwab Charles Investment Management Inc. bought a new stake in Leaf Group during the 2nd quarter valued at approximately $234,000. Bank of New York Mellon Corp lifted its holdings in shares of Leaf Group by 308.8% during the second quarter. Bank of New York Mellon Corp now owns 42,587 shares of the technology company’s stock valued at $333,000 after purchasing an additional 32,170 shares during the last quarter. Teachers Advisors LLC purchased a new position in shares of Leaf Group during the second quarter valued at approximately $168,000. TIAA CREF Investment Management LLC purchased a new position in shares of Leaf Group during the second quarter valued at approximately $252,000. Finally, Northern Trust Corp lifted its holdings in shares of Leaf Group by 476.6% during the second quarter. Northern Trust Corp now owns 122,614 shares of the technology company’s stock valued at $957,000 after purchasing an additional 101,348 shares during the last quarter. 63.43% of the stock is currently owned by institutional investors and hedge funds.

Shares of Leaf Group (NYSE:LFGR) opened at $9.20 on Friday. The stock has a market capitalization of $193.49, a PE ratio of -5.79 and a beta of 0.44. Leaf Group has a 12 month low of $6.25 and a 12 month high of $10.15.

Leaf Group (NYSE:LFGR) last posted its earnings results on Tuesday, November 7th. The technology company reported ($0.33) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.44) by $0.11. The company had revenue of $33.50 million for the quarter, compared to analysts’ expectations of $30.93 million. Leaf Group had a negative return on equity of 44.59% and a negative net margin of 25.98%. Leaf Group’s quarterly revenue was up 19.2% on a year-over-year basis. During the same period last year, the firm earned ($0.41) earnings per share. equities analysts anticipate that Leaf Group will post -1.53 EPS for the current fiscal year.

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Leaf Group Company Profile

Leaf Group Ltd., formerly Demand Media, Inc, is diversified Internet marketplaces and media company. The Company has online media properties and marketplace platforms that enable communities of creators to reach audiences in lifestyle categories. The Company operates an online studio platform for the professional creation and distribution of content, as well as two online artist marketplaces.

Analyst Recommendations for Leaf Group (NYSE:LFGR)

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