Michael R. Rempell Sells 25,000 Shares of American Eagle Outfitters (AEO) Stock

American Eagle Outfitters (NYSE:AEO) EVP Michael R. Rempell sold 25,000 shares of the stock in a transaction that occurred on Wednesday, May 16th. The stock was sold at an average price of $22.00, for a total transaction of $550,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Michael R. Rempell also recently made the following trade(s):

  • On Tuesday, April 3rd, Michael R. Rempell sold 15,000 shares of American Eagle Outfitters stock. The stock was sold at an average price of $20.24, for a total transaction of $303,600.00.
  • On Thursday, March 29th, Michael R. Rempell sold 15,000 shares of American Eagle Outfitters stock. The stock was sold at an average price of $19.92, for a total transaction of $298,800.00.
  • On Friday, March 23rd, Michael R. Rempell sold 9,467 shares of American Eagle Outfitters stock. The stock was sold at an average price of $20.10, for a total transaction of $190,286.70.

American Eagle Outfitters opened at $23.10 on Monday, according to Marketbeat. American Eagle Outfitters has a 12 month low of $10.23 and a 12 month high of $23.23. The company has a market cap of $4.07 billion, a price-to-earnings ratio of 19.91, a PEG ratio of 2.23 and a beta of 1.02.

American Eagle Outfitters (NYSE:AEO) last released its earnings results on Thursday, March 8th. The apparel retailer reported $0.44 EPS for the quarter, hitting analysts’ consensus estimates of $0.44. American Eagle Outfitters had a net margin of 5.38% and a return on equity of 17.91%. The company had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.21 billion. During the same quarter last year, the business earned $0.39 EPS. The firm’s revenue was up 12.0% compared to the same quarter last year. equities analysts forecast that American Eagle Outfitters will post 1.47 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 27th. Shareholders of record on Friday, April 13th were issued a dividend of $0.1375 per share. This is a positive change from American Eagle Outfitters’s previous quarterly dividend of $0.13. This represents a $0.55 dividend on an annualized basis and a yield of 2.38%. The ex-dividend date of this dividend was Thursday, April 12th. American Eagle Outfitters’s dividend payout ratio (DPR) is 47.41%.

A number of institutional investors and hedge funds have recently made changes to their positions in AEO. Cerebellum GP LLC purchased a new stake in American Eagle Outfitters during the 4th quarter valued at approximately $129,000. Advisor Group Inc. grew its holdings in American Eagle Outfitters by 291.6% during the 4th quarter. Advisor Group Inc. now owns 7,257 shares of the apparel retailer’s stock valued at $137,000 after buying an additional 5,404 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new stake in American Eagle Outfitters during the 4th quarter valued at approximately $189,000. Cornerstone Capital Management Holdings LLC. purchased a new stake in American Eagle Outfitters during the 4th quarter valued at approximately $202,000. Finally, Emerald Advisers Inc. PA purchased a new stake in American Eagle Outfitters during the 4th quarter valued at approximately $207,000. 85.90% of the stock is owned by institutional investors and hedge funds.

Several equities analysts have recently weighed in on AEO shares. SunTrust Banks reiterated a “buy” rating on shares of American Eagle Outfitters in a research note on Friday, February 2nd. Jefferies Group reiterated a “buy” rating and issued a $24.00 price objective on shares of American Eagle Outfitters in a research note on Friday, February 23rd. ValuEngine upgraded shares of American Eagle Outfitters from a “buy” rating to a “strong-buy” rating in a research note on Friday, March 2nd. Zacks Investment Research cut shares of American Eagle Outfitters from a “buy” rating to a “hold” rating in a research note on Wednesday, March 7th. Finally, B. Riley reiterated a “buy” rating and issued a $22.00 price objective (up previously from $20.00) on shares of American Eagle Outfitters in a research note on Thursday, March 8th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $19.83.

American Eagle Outfitters Company Profile

American Eagle Outfitters, Inc operates as a specialty retailer that provides clothing, accessories, and personal care products under the American Eagle Outfitters and Aerie brands. The company also provides jeans, and other apparel and accessories for men and women; and intimates, activewear, and swim collections, as well as personal care products for women.

Insider Buying and Selling by Quarter for American Eagle Outfitters (NYSE:AEO)

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