Stock Traders Buy Large Volume of Vitamin Shoppe Put Options (VSI)

Vitamin Shoppe Inc (NYSE:VSI) was the target of some unusual options trading on Monday. Stock traders purchased 2,834 put options on the company. This is an increase of 1,682% compared to the typical volume of 159 put options.

Shares of Vitamin Shoppe (NYSE VSI) opened at $5.05 on Friday. Vitamin Shoppe has a 12 month low of $2.95 and a 12 month high of $23.25. The company has a market capitalization of $122.29, a P/E ratio of 5.48 and a beta of 0.68. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.07 and a quick ratio of 0.32.

Vitamin Shoppe (NYSE:VSI) last announced its quarterly earnings data on Wednesday, November 8th. The specialty retailer reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.20). Vitamin Shoppe had a positive return on equity of 6.17% and a negative net margin of 20.27%. The company had revenue of $288.20 million for the quarter, compared to the consensus estimate of $297.61 million. During the same quarter in the prior year, the company earned $0.50 EPS. The company’s revenue for the quarter was down 8.5% on a year-over-year basis. equities research analysts expect that Vitamin Shoppe will post 0.34 earnings per share for the current fiscal year.

Several equities analysts have recently issued reports on VSI shares. Zacks Investment Research upgraded Vitamin Shoppe from a “sell” rating to a “hold” rating in a research report on Wednesday, October 25th. ValuEngine upgraded Vitamin Shoppe from a “hold” rating to a “buy” rating in a report on Thursday, October 5th. Morgan Stanley cut their price objective on Vitamin Shoppe from $7.50 to $4.00 and set an “equal weight” rating on the stock in a report on Thursday, November 9th. Finally, Barclays cut their price objective on Vitamin Shoppe from $6.00 to $3.00 and set an “equal weight” rating on the stock in a report on Thursday, November 9th. Four investment analysts have rated the stock with a sell rating and five have given a hold rating to the company. Vitamin Shoppe currently has an average rating of “Hold” and a consensus price target of $5.00.

In other Vitamin Shoppe news, major shareholder Vintage Capital Management Llc purchased 234,343 shares of the business’s stock in a transaction that occurred on Saturday, December 29th. The stock was acquired at an average cost of $4.36 per share, with a total value of $1,021,735.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders purchased 694,839 shares of company stock valued at $3,214,809 over the last ninety days. 1.07% of the stock is currently owned by company insiders.

Several hedge funds have recently bought and sold shares of the stock. Macquarie Group Ltd. acquired a new position in Vitamin Shoppe in the 3rd quarter valued at $101,000. BNP Paribas Arbitrage SA grew its holdings in Vitamin Shoppe by 2.1% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 9,242 shares of the specialty retailer’s stock valued at $108,000 after buying an additional 192 shares in the last quarter. Wolverine Trading LLC acquired a new position in Vitamin Shoppe in the 2nd quarter valued at $131,000. UBS Asset Management Americas Inc. grew its holdings in Vitamin Shoppe by 17,041.4% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 11,999 shares of the specialty retailer’s stock valued at $140,000 after buying an additional 11,929 shares in the last quarter. Finally, Arizona State Retirement System grew its holdings in Vitamin Shoppe by 0.8% in the 2nd quarter. Arizona State Retirement System now owns 12,460 shares of the specialty retailer’s stock valued at $145,000 after buying an additional 100 shares in the last quarter. 90.35% of the stock is currently owned by institutional investors and hedge funds.

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About Vitamin Shoppe

Vitamin Shoppe, Inc (VSI) is a multi-channel specialty retailer and contract manufacturer of vitamins, minerals, herbs, specialty supplements, sports nutrition, and other health and wellness products. The Company operates through three segments: retail, direct and manufacturing. The retail segment includes Vitamin Shoppe, Super Supplements and Vitapath retail store formats.

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