Barnes & Noble Inc. (NYSE:BKS) VP Peter M. Herpich sold 16,369 shares of the business’s stock in a transaction that occurred on Wednesday, November 23rd. The stock was sold at an average price of $12.85, for a total value of $210,341.65. Following the sale, the vice president now directly owns 21,931 shares in the company, valued at approximately $281,813.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Barnes & Noble Inc. (NYSE:BKS) traded down 2.32% on Monday, hitting $12.65. The company’s stock had a trading volume of 681,155 shares. Barnes & Noble Inc. has a 1-year low of $7.25 and a 1-year high of $13.63. The company’s market capitalization is $925.39 million. The company has a 50 day moving average price of $10.87 and a 200-day moving average price of $11.53.

Barnes & Noble (NYSE:BKS) last released its quarterly earnings results on Tuesday, November 22nd. The company reported ($0.29) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.34) by $0.05. Barnes & Noble had a net margin of 0.36% and a return on equity of 6.14%. The business had revenue of $858.50 million for the quarter, compared to analysts’ expectations of $859.78 million. During the same period in the prior year, the firm earned ($0.28) earnings per share. Barnes & Noble’s revenue was down 4.0% compared to the same quarter last year. On average, equities analysts forecast that Barnes & Noble Inc. will post $0.53 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Barnes & Noble (NYSE:BKS)

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Several hedge funds have recently added to or reduced their stakes in the stock. Cetera Advisors LLC bought a new stake in Barnes & Noble during the third quarter valued at approximately $313,000. Connor Clark & Lunn Investment Management Ltd. boosted its stake in Barnes & Noble by 46.8% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 153,821 shares of the company’s stock valued at $1,738,000 after buying an additional 49,058 shares during the period. Clinton Group Inc. boosted its stake in Barnes & Noble by 38.8% in the third quarter. Clinton Group Inc. now owns 51,741 shares of the company’s stock valued at $585,000 after buying an additional 14,461 shares during the period. The Manufacturers Life Insurance Company bought a new stake in Barnes & Noble during the third quarter valued at approximately $496,000. Finally, HBK Investments L P boosted its stake in Barnes & Noble by 200.9% in the third quarter. HBK Investments L P now owns 193,617 shares of the company’s stock valued at $2,188,000 after buying an additional 129,281 shares during the period. 71.88% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts recently commented on the company. Zacks Investment Research raised Barnes & Noble from a “sell” rating to a “hold” rating in a report on Thursday, November 10th. Sidoti assumed coverage on Barnes & Noble in a report on Thursday, August 18th. They issued a “neutral” rating and a $13.00 price target on the stock. Gabelli cut Barnes & Noble from a “buy” rating to a “hold” rating in a report on Wednesday, August 17th. Finally, Consumer Edge cut Barnes & Noble from an “outperform” rating to an “equal weight” rating in a report on Wednesday, November 16th. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $15.38.

Barnes & Noble Company Profile

Barnes & Noble, Inc is a bookseller. The Company is a content and commerce company, which provides access to trade books and other content across its multi-channel distribution platform. It operates in two segments: Barnes & Noble Retail (B&N Retail) and NOOK. The Company is engaged in the sale of trade books (generally hardcover and paperback consumer titles), mass market paperbacks (such as mystery, romance, science fiction and other fiction), children’s books, eBooks and other digital content, textbooks and course-related materials, NOOK and related accessories, bargain books, magazines, gifts, cafe products and services, educational toys and games, music and movies direct to customers through its bookstores or on www.barnesandnoble.com.

5 Day Chart for NYSE:BKS

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