James F. Gooch Buys 4,000 Shares of Lands’ End, Inc. (LE) Stock

Lands’ End, Inc. (NASDAQ:LE) CFO James F. Gooch bought 4,000 shares of the business’s stock in a transaction that occurred on Thursday, December 13th. The shares were acquired at an average price of $13.98 per share, with a total value of $55,920.00. Following the completion of the transaction, the chief financial officer now directly owns 19,769 shares of the company’s stock, valued at approximately $276,370.62. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

NASDAQ LE traded up $0.62 during trading hours on Friday, hitting $14.57. 459,023 shares of the company’s stock traded hands, compared to its average volume of 335,677. The company has a current ratio of 2.13, a quick ratio of 0.67 and a debt-to-equity ratio of 1.59. The firm has a market capitalization of $469.33 million, a price-to-earnings ratio of 60.71 and a beta of -0.02. Lands’ End, Inc. has a 52 week low of $13.34 and a 52 week high of $31.15.

Lands’ End (NASDAQ:LE) last announced its earnings results on Thursday, December 6th. The company reported $0.10 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.10. The company had revenue of $341.60 million during the quarter, compared to analyst estimates of $328.52 million. Lands’ End had a net margin of 2.41% and a return on equity of 2.54%. The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.01 earnings per share.

A number of hedge funds and other institutional investors have recently made changes to their positions in LE. Frontier Capital Management Co. LLC lifted its holdings in Lands’ End by 55.9% during the third quarter. Frontier Capital Management Co. LLC now owns 1,039,243 shares of the company’s stock valued at $18,239,000 after purchasing an additional 372,559 shares in the last quarter. Vanguard Group Inc lifted its holdings in Lands’ End by 3.1% during the third quarter. Vanguard Group Inc now owns 971,479 shares of the company’s stock valued at $17,049,000 after purchasing an additional 28,934 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Lands’ End by 3.1% during the third quarter. Vanguard Group Inc. now owns 971,479 shares of the company’s stock valued at $17,049,000 after purchasing an additional 28,934 shares in the last quarter. Penserra Capital Management LLC lifted its holdings in Lands’ End by 20.2% during the third quarter. Penserra Capital Management LLC now owns 837,909 shares of the company’s stock valued at $14,705,000 after purchasing an additional 140,940 shares in the last quarter. Finally, Capital International Investors purchased a new position in Lands’ End during the third quarter valued at approximately $5,335,000. Institutional investors own 50.80% of the company’s stock.

Separately, BidaskClub lowered shares of Lands’ End from a “hold” rating to a “sell” rating in a research report on Thursday, September 13th. Four equities research analysts have rated the stock with a hold rating, The company has an average rating of “Hold” and a consensus target price of $20.00.

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Lands’ End Company Profile

Lands' End, Inc operates as a multi-channel retailer in the United States, the United Kingdom, Germany, and Japan. The company operates in 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 stores, and international shop-in-shops.

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