Lands’ End (LE) CMO Purchases $33,855.00 in Stock

Lands’ End (NASDAQ:LE) CMO Gill Brown Hong purchased 1,525 shares of the business’s stock in a transaction on Friday, April 13th. The stock was purchased at an average cost of $22.20 per share, for a total transaction of $33,855.00. Following the completion of the acquisition, the chief marketing officer now directly owns 3,425 shares of the company’s stock, valued at approximately $76,035. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of NASDAQ:LE traded down $0.65 on Tuesday, hitting $20.95. 235,223 shares of the company were exchanged, compared to its average volume of 213,459. Lands’ End has a 1-year low of $10.55 and a 1-year high of $24.80. The company has a current ratio of 2.37, a quick ratio of 1.07 and a debt-to-equity ratio of 1.58. The company has a market capitalization of $702.08, a P/E ratio of 296.43 and a beta of -0.24.

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Lands’ End (NASDAQ:LE) last posted its quarterly earnings data on Thursday, March 22nd. The company reported $0.38 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.50 by ($0.12). Lands’ End had a return on equity of 0.28% and a net margin of 2.00%. The company had revenue of $510.60 million for the quarter, compared to analyst estimates of $470.63 million. During the same quarter in the previous year, the firm posted $0.41 earnings per share. The company’s quarterly revenue was up 11.3% on a year-over-year basis.



Several research firms have issued reports on LE. BidaskClub raised shares of Lands’ End from a “hold” rating to a “buy” rating in a report on Wednesday, January 24th. ValuEngine raised shares of Lands’ End from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. Zacks Investment Research lowered shares of Lands’ End from a “buy” rating to a “hold” rating in a report on Saturday, February 3rd. Craig Hallum lifted their price target on shares of Lands’ End from $15.00 to $20.00 and gave the stock a “hold” rating in a report on Friday, March 23rd. They noted that the move was a valuation call. Finally, TheStreet raised shares of Lands’ End from a “d+” rating to a “c” rating in a report on Thursday, March 22nd. Two analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of $18.00.

Several large investors have recently bought and sold shares of LE. Frontier Capital Management Co. LLC lifted its stake in shares of Lands’ End by 285.3% during the fourth quarter. Frontier Capital Management Co. LLC now owns 1,663,088 shares of the company’s stock worth $32,513,000 after buying an additional 1,231,508 shares during the period. Penserra Capital Management LLC lifted its position in Lands’ End by 294.9% during the fourth quarter. Penserra Capital Management LLC now owns 467,354 shares of the company’s stock valued at $9,136,000 after purchasing an additional 349,008 shares during the period. Towerview LLC lifted its position in Lands’ End by 45.0% during the fourth quarter. Towerview LLC now owns 290,000 shares of the company’s stock valued at $5,670,000 after purchasing an additional 89,979 shares during the period. Deutsche Bank AG lifted its position in Lands’ End by 191.5% during the fourth quarter. Deutsche Bank AG now owns 81,184 shares of the company’s stock valued at $1,586,000 after purchasing an additional 53,329 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in Lands’ End by 18.3% during the third quarter. Dimensional Fund Advisors LP now owns 152,140 shares of the company’s stock valued at $2,008,000 after purchasing an additional 23,515 shares during the period. Institutional investors and hedge funds own 50.00% of the company’s stock.

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About Lands’ End

Lands' End, Inc operates as a multi-channel retailer in the United States, the United Kingdom, Germany, and Japan. The company operates through two segments, Direct and Retail. It offers casual clothing, accessories, footwear, and home products. The company sells its products online through landsend.com, and affiliated specialty and international Websites; direct mail catalogs; and retail locations primarily at Lands' End Shops at Sears, Lands' End Inlet stores, and international shop-in-shops.

Insider Buying and Selling by Quarter for Lands` End (NASDAQ:LE)

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