Shutterfly, Inc. (NASDAQ:SFLY) SVP Ishantha Lokuge sold 2,838 shares of the company’s stock in a transaction on Tuesday, October 17th. The stock was sold at an average price of $48.27, for a total transaction of $136,990.26. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Ishantha Lokuge also recently made the following trade(s):
- On Friday, October 20th, Ishantha Lokuge sold 7,162 shares of Shutterfly stock. The shares were sold at an average price of $48.85, for a total transaction of $349,863.70.
Shares of Shutterfly, Inc. (NASDAQ:SFLY) traded down 0.09% during mid-day trading on Friday, reaching $42.39. 206,851 shares of the company were exchanged. The firm has a 50-day moving average price of $48.22 and a 200 day moving average price of $48.46. Shutterfly, Inc. has a 12 month low of $42.09 and a 12 month high of $53.99. The stock has a market capitalization of $1.41 billion, a P/E ratio of 258.48 and a beta of 0.90.
Shutterfly (NASDAQ:SFLY) last issued its quarterly earnings results on Tuesday, October 24th. The technology company reported ($0.78) EPS for the quarter, topping the consensus estimate of ($0.79) by $0.01. The company had revenue of $195.44 million during the quarter, compared to analysts’ expectations of $191.65 million. Shutterfly had a net margin of 0.81% and a return on equity of 4.66%. Shutterfly’s revenue was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.86) EPS. Equities research analysts anticipate that Shutterfly, Inc. will post $0.41 EPS for the current fiscal year.
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A number of equities analysts have weighed in on SFLY shares. ValuEngine raised shares of Shutterfly from a “sell” rating to a “hold” rating in a research report on Friday, September 22nd. Jefferies Group LLC restated a “hold” rating and issued a $53.00 target price on shares of Shutterfly in a research note on Friday, August 4th. Zacks Investment Research lowered shares of Shutterfly from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. BidaskClub upgraded shares of Shutterfly from a “strong sell” rating to a “sell” rating in a research note on Tuesday, July 25th. Finally, Aegis restated a “buy” rating and issued a $56.00 target price on shares of Shutterfly in a research note on Tuesday. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. Shutterfly currently has an average rating of “Hold” and a consensus price target of $53.36.
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. First Trust Advisors LP boosted its holdings in shares of Shutterfly by 66.4% in the first quarter. First Trust Advisors LP now owns 32,520 shares of the technology company’s stock valued at $1,570,000 after buying an additional 12,971 shares during the period. UBS Asset Management Americas Inc. boosted its holdings in shares of Shutterfly by 52.3% in the first quarter. UBS Asset Management Americas Inc. now owns 13,252 shares of the technology company’s stock valued at $640,000 after buying an additional 4,553 shares during the period. Karp Capital Management Corp acquired a new position in shares of Shutterfly in the first quarter valued at approximately $458,000. Ameriprise Financial Inc. acquired a new position in shares of Shutterfly in the first quarter valued at approximately $8,546,000. Finally, Parametric Portfolio Associates LLC boosted its holdings in shares of Shutterfly by 27.1% in the first quarter. Parametric Portfolio Associates LLC now owns 108,214 shares of the technology company’s stock valued at $5,226,000 after buying an additional 23,090 shares during the period.
Shutterfly Company Profile
Shutterfly, Inc is an online manufacturer and retailer of personalized products and services. The Company focuses on helping consumers manage their memories through the medium of photography. The Company’s segments are Consumer and Shutterfly Business Solutions (SBS). The Consumer segment offers photo-based products, such as photo books, stationery and greeting cards, other photo-based merchandise, photo prints and statement gifts.
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