200,000 Shares in The Lovesac Company $LOVE Purchased by 4D Advisors LLC

4D Advisors LLC purchased a new stake in The Lovesac Company (NASDAQ:LOVE) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 200,000 shares of the company’s stock, valued at approximately $2,950,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Schonfeld Strategic Advisors LLC purchased a new stake in shares of Lovesac in the fourth quarter valued at about $198,000. AQR Capital Management LLC raised its position in shares of Lovesac by 57.9% in the fourth quarter. AQR Capital Management LLC now owns 41,197 shares of the company’s stock valued at $608,000 after buying an additional 15,114 shares during the last quarter. Jain Global LLC acquired a new position in shares of Lovesac in the fourth quarter valued at approximately $297,000. Jump Financial LLC acquired a new position in shares of Lovesac in the fourth quarter valued at approximately $464,000. Finally, Russell Investments Group Ltd. increased its position in Lovesac by 147.5% during the fourth quarter. Russell Investments Group Ltd. now owns 21,517 shares of the company’s stock worth $317,000 after purchasing an additional 12,824 shares during the last quarter. Hedge funds and other institutional investors own 91.32% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on LOVE. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Lovesac in a research report on Friday, March 27th. Wall Street Zen raised shares of Lovesac from a “sell” rating to a “hold” rating in a research report on Saturday, April 4th. Roth Mkm reaffirmed a “buy” rating on shares of Lovesac in a research report on Friday, March 27th. Canaccord Genuity Group set a $22.00 price target on shares of Lovesac in a research report on Thursday, June 11th. Finally, DA Davidson upped their price target on shares of Lovesac from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Friday, June 12th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $22.67.

Insider Activity

In related news, CEO Shawn David Nelson bought 1,477 shares of the business’s stock in a transaction dated Thursday, April 16th. The shares were acquired at an average price of $16.95 per share, for a total transaction of $25,035.15. Following the purchase, the chief executive officer owned 202,681 shares in the company, valued at $3,435,442.95. This trade represents a 0.73% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 7.79% of the company’s stock.

Lovesac Trading Down 1.8%

Shares of LOVE stock opened at $14.03 on Thursday. The company has a market capitalization of $205.40 million, a PE ratio of 53.96, a price-to-earnings-growth ratio of 0.81 and a beta of 2.02. The firm has a fifty day simple moving average of $15.92 and a 200-day simple moving average of $14.42. The Lovesac Company has a twelve month low of $10.33 and a twelve month high of $20.88.

Lovesac (NASDAQ:LOVE) last announced its earnings results on Thursday, June 11th. The company reported ($0.76) earnings per share for the quarter, beating the consensus estimate of ($1.03) by $0.27. Lovesac had a net margin of 0.55% and a return on equity of 1.88%. The business had revenue of $138.20 million during the quarter, compared to the consensus estimate of $136.66 million. During the same period in the prior year, the firm earned ($0.73) earnings per share. The business’s quarterly revenue was down .1% compared to the same quarter last year. Lovesac has set its Q2 2027 guidance at 0.200-0.480 EPS and its FY 2027 guidance at 0.340-0.810 EPS. Equities research analysts predict that The Lovesac Company will post 0.5 EPS for the current year.

About Lovesac

Lovesac, trading on NASDAQ under the symbol LOVE, is an American furniture company known for its modular seating systems and distinctive foam-filled “Sacs.” Founded in 1995 by Shawn Nelson, the company has built a reputation for innovative design that emphasizes comfort, durability and adaptability. Its core offerings include Sactionals—customizable sectional sofas assembled from individual “Sactional” cubes—and the original Lovesac Sacs, large fabric-covered bean bag chairs available in a variety of sizes and materials.

In addition to seating solutions, Lovesac has expanded into home entertainment products with the introduction of the Stage, a modular soundbar system designed to integrate seamlessly with Sactionals.