Lands’ End Inc. (NASDAQ:LE) major shareholder Edward S. Lampert purchased 82,310 shares of the company’s stock in a transaction on Monday, October 10th. The stock was purchased at an average price of $14.92 per share, for a total transaction of $1,228,065.20. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Shares of Lands’ End Inc. (NASDAQ:LE) traded down 0.13% during midday trading on Wednesday, hitting $14.89. 66,440 shares of the company’s stock traded hands. The firm’s market capitalization is $476.91 million. Lands’ End Inc. has a 1-year low of $14.03 and a 1-year high of $27.60. The company has a 50 day moving average price of $17.05 and a 200 day moving average price of $18.42.

Lands’ End (NASDAQ:LE) last posted its quarterly earnings results on Thursday, September 1st. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $0.08. The company earned $292 million during 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 for the quarter was down 6.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.23 earnings per share. Equities analysts anticipate 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)

Several equities research analysts have commented on the stock. Zacks Investment Research upgraded shares of Lands’ End from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 3rd. CL King lowered shares of Lands’ End from a “buy” rating to a “neutral” rating in a research note on Monday, September 26th.

A number of hedge funds have recently bought and sold shares of LE. Commonwealth Equity Services Inc raised its stake in Lands’ End by 114.5% in the first quarter. Commonwealth Equity Services Inc now owns 23,042 shares of the company’s stock valued at $588,000 after buying an additional 12,298 shares in the last quarter. Teachers Advisors Inc. raised its stake in Lands’ End by 35.7% in the first quarter. Teachers Advisors Inc. now owns 43,653 shares of the company’s stock valued at $1,114,000 after buying an additional 11,482 shares in the last quarter. Royce & Associates LP raised its stake in Lands’ End by 20.3% in the first quarter. Royce & Associates LP now owns 95,000 shares of the company’s stock valued at $2,423,000 after buying an additional 16,000 shares in the last quarter. Royal Bank of Canada raised its stake in Lands’ End by 114.9% in the first quarter. Royal Bank of Canada now owns 19,957 shares of the company’s stock valued at $509,000 after buying an additional 154,295 shares in the last quarter. Finally, California Public Employees Retirement System raised its stake in Lands’ End by 6.8% in the second quarter. California Public Employees Retirement System now owns 79,727 shares of the company’s stock valued at $1,309,000 after buying an additional 5,100 shares in the last quarter. 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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