Lands’ End, Inc. (NASDAQ:LE) major shareholder Edward S. Lampert purchased 11,624 shares of the business’s stock in a transaction on Tuesday, July 25th. The stock was acquired at an average cost of $13.35 per share, with a total value of $155,180.40. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Shares of Lands’ End, Inc. (NASDAQ:LE) opened at 13.20 on Monday. The firm has a 50-day moving average of $14.59 and a 200-day moving average of $17.81. Lands’ End, Inc. has a one year low of $12.90 and a one year high of $24.80. The firm’s market capitalization is $422.78 million.

Lands’ End (NASDAQ:LE) last posted its earnings results on Tuesday, June 6th. The company reported ($0.24) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.25) by $0.01. The company had revenue of $268.37 million during the quarter, compared to analyst estimates of $270.10 million. Lands’ End had a negative return on equity of 0.07% and a negative net margin of 8.41%. The company’s revenue for the quarter was down 1.9% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.18) EPS. On average, equities analysts predict that Lands’ End, Inc. will post $0.19 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY WARNING: This piece of content was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this piece of content on another website, it was stolen and republished in violation of United States and international copyright and trademark law. The legal version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/08/07/lands-end-inc-le-major-shareholder-buys-155180-40-in-stock-updated.html.

Institutional investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP boosted its stake in Lands’ End by 2.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 135,810 shares of the company’s stock valued at $2,058,000 after buying an additional 2,745 shares during the last quarter. State Street Corp boosted its stake in Lands’ End by 4.1% in the fourth quarter. State Street Corp now owns 283,599 shares of the company’s stock valued at $4,298,000 after buying an additional 11,123 shares during the last quarter. Janus Capital Management LLC boosted its stake in Lands’ End by 0.9% in the first quarter. Janus Capital Management LLC now owns 3,796,295 shares of the company’s stock valued at $81,431,000 after buying an additional 33,925 shares during the last quarter. Penserra Capital Management LLC boosted its stake in Lands’ End by 77.2% in the first quarter. Penserra Capital Management LLC now owns 17,819 shares of the company’s stock valued at $382,000 after buying an additional 7,762 shares during the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of Lands’ End during the first quarter worth about $389,000. Institutional investors and hedge funds own 62.76% of the company’s stock.

A number of brokerages have weighed in on LE. TheStreet downgraded shares of Lands’ End from a “c-” rating to a “d+” rating in a report on Thursday, June 8th. Zacks Investment Research downgraded shares of Lands’ End from a “hold” rating to a “sell” rating in a report on Tuesday, June 13th. ValuEngine raised shares of Lands’ End from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Finally, Craig Hallum set a $15.00 price target on shares of Lands’ End and gave the company a “hold” rating in a report on Wednesday, June 21st. One equities research analyst has rated the stock with a sell rating and three have given a hold rating to the company’s stock. Lands’ End currently has a consensus rating of “Hold” and an average price target of $15.00.

Lands’ End Company Profile

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.

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

Receive News & Stock Ratings for Lands' End Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lands' End Inc. and related stocks with our FREE daily email newsletter.