Insider Buying: Lands’ End, Inc. (NASDAQ:LE) Director Buys 4,000 Shares of Stock

Lands’ End, Inc. (NASDAQ:LE) Director John Mcclain bought 4,000 shares of the stock in a transaction dated Monday, September 18th. The shares were purchased at an average price of $7.05 per share, with a total value of $28,200.00. Following the completion of the transaction, the director now directly owns 10,954 shares in the company, valued at approximately $77,225.70. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

John Mcclain also recently made the following trade(s):

• On Friday, June 30th, John Mcclain purchased 1,000 shares of Lands’ End stock. The shares were acquired at an average cost of $7.74 per share, for a total transaction of $7,740.00.

Lands’ End Stock Performance

Shares of Lands’ End stock traded up $0.03 during trading on Tuesday, hitting $6.94. The stock had a trading volume of 127,094 shares, compared to its average volume of 165,241. Lands’ End, Inc. has a 12 month low of $6.20 and a 12 month high of $11.93. The firm’s fifty day simple moving average is $8.79 and its 200-day simple moving average is $8.33. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.78 and a quick ratio of 0.35.

Lands’ End (NASDAQ:LE) last announced its earnings results on Thursday, August 31st. The company reported ($0.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.15). Lands’ End had a negative net margin of 1.15% and a negative return on equity of 4.68%. The business had revenue of $323.36 million for the quarter, compared to analysts’ expectations of $330.40 million. During the same quarter last year, the firm earned ($0.07) EPS. As a group, equities analysts anticipate that Lands’ End, Inc. will post -0.12 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Lands’ End in a research report on Thursday, August 17th. They set a “hold” rating on the stock.

Institutional Trading of Lands’ End

A number of hedge funds and other institutional investors have recently bought and sold shares of LE. Acadian Asset Management LLC purchased a new stake in shares of Lands’ End during the second quarter valued at $28,000. Barclays PLC lifted its holdings in Lands’ End by 533.7% during the 4th quarter. Barclays PLC now owns 4,100 shares of the company’s stock valued at $31,000 after buying an additional 3,453 shares in the last quarter. Citigroup Inc. boosted its position in Lands’ End by 463,900.0% in the 2nd quarter. Citigroup Inc. now owns 4,640 shares of the company’s stock valued at $36,000 after buying an additional 4,639 shares during the period. UBS Group AG grew its stake in Lands’ End by 107.8% in the 4th quarter. UBS Group AG now owns 5,389 shares of the company’s stock worth $41,000 after acquiring an additional 2,796 shares in the last quarter. Finally, Cubist Systematic Strategies LLC increased its position in shares of Lands’ End by 807.5% during the third quarter. Cubist Systematic Strategies LLC now owns 8,086 shares of the company’s stock worth $62,000 after acquiring an additional 7,195 shares during the period. Hedge funds and other institutional investors own 32.33% of the company’s stock.

Lands’ End Company Profile

Lands' End, Inc operates as a digital retailer of casual clothing, swimwear, outerwear, accessories, footwear, and home products in the United States, Europe, Asia, and internationally. It operates through U.S. eCommerce, International, Outfitters, Third Party, and Retail segments. The company also sells uniform and logo apparel.