Lands’ End Inc. (NASDAQ:LE) major shareholder Edward S. Lampert acquired 16,846 shares of Lands’ End stock in a transaction that occurred on Monday, October 3rd. The stock was purchased at an average cost of $14.60 per share, for a total transaction of $245,951.60. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Lands’ End Inc. (NASDAQ:LE) opened at 15.00 on Friday. Lands’ End Inc. has a 12 month low of $14.03 and a 12 month high of $28.00. The stock’s 50 day moving average is $17.38 and its 200-day moving average is $18.74. The stock’s market capitalization is $480.44 million.

Lands’ End (NASDAQ:LE) last posted its quarterly earnings results on Thursday, September 1st. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by $0.08. The business had revenue of $292 million for the quarter, compared to analyst estimates of $292.25 million. Lands’ End had a positive return on equity of 6.51% and a negative net margin of 2.66%. The business’s revenue was down 6.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.23 earnings per share. On average, equities research analysts expect that Lands’ End Inc. will post $0.49 earnings per share for the current year.

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

A number of brokerages have recently commented on LE. Zacks Investment Research lowered shares of Lands’ End from a “hold” rating to a “sell” rating in a research report on Wednesday, September 28th. CL King lowered shares of Lands’ End from a “buy” rating to a “neutral” rating in a research report on Monday, September 26th.

Institutional investors have recently bought and sold shares of the company. Teton Advisors Inc. raised its position in Lands’ End by 28.6% in the second quarter. Teton Advisors Inc. now owns 36,000 shares of the company’s stock worth $591,000 after buying an additional 8,000 shares during the last quarter. Royce & Associates LP raised its position in Lands’ End by 4.2% in the second quarter. Royce & Associates LP now owns 99,000 shares of the company’s stock worth $1,626,000 after buying an additional 4,000 shares during the last quarter. Commonwealth Equity Services Inc raised its position in Lands’ End by 114.5% in the first quarter. Commonwealth Equity Services Inc now owns 23,042 shares of the company’s stock worth $588,000 after buying an additional 12,298 shares during the last quarter. Geode Capital Management LLC raised its position in Lands’ End by 9.4% in the first quarter. Geode Capital Management LLC now owns 123,789 shares of the company’s stock worth $3,157,000 after buying an additional 10,639 shares during the last quarter. Finally, Royal Bank of Canada raised its position in Lands’ End by 114.9% in the first quarter. Royal Bank of Canada now owns 19,957 shares of the company’s stock worth $509,000 after buying an additional 154,295 shares during the last quarter. Hedge funds and other institutional investors own 71.31% of the company’s stock.

About Lands’ End

Lands’ End, Inc (Lands’ End) is a multi-channel retailer of casual clothing, accessories and footwear, as well as home products. The Company operates through two segments: Direct and Retail. The Company offers products through catalogs, online at www.landsend.com. The Direct segment sells products through the Company’s e-commerce Websites, international Websites and direct mail catalogs.

5 Day Chart for NASDAQ:LE

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