Lands’ End, Inc. (NASDAQ:LE) major shareholder Edward S. Lampert acquired 128,534 shares of the firm’s stock in a transaction that occurred on Friday, July 21st. The stock was acquired at an average price of $13.44 per share, with a total value of $1,727,496.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 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. (LE) traded down 1.88% during midday trading on Friday, hitting $13.05. The stock had a trading volume of 126,343 shares. Lands’ End, Inc. has a 52 week low of $12.65 and a 52 week high of $24.80. The company’s 50 day moving average is $13.66 and its 200 day moving average is $17.55. The firm’s market cap is $417.98 million.

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

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LE has been the topic of several research reports. TheStreet cut Lands’ End from a “c-” rating to a “d+” rating in a research note on Thursday, June 8th. ValuEngine upgraded Lands’ End from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Zacks Investment Research upgraded Lands’ End from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 26th. Craig Hallum set a $15.00 target price on Lands’ End and gave the company a “hold” rating in a research note on Wednesday, June 21st. Finally, BidaskClub upgraded Lands’ End from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 10th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company. The stock has an average rating of “Hold” and an average target price of $15.00.

Hedge funds have recently modified their holdings of the company. Morgan Stanley raised its stake in shares of Lands’ End by 82.8% in the first quarter. Morgan Stanley now owns 93,316 shares of the company’s stock worth $2,002,000 after buying an additional 42,268 shares during the period. Geode Capital Management LLC raised its stake in shares of Lands’ End by 4.7% in the first quarter. Geode Capital Management LLC now owns 134,377 shares of the company’s stock worth $2,882,000 after buying an additional 5,999 shares during the period. Vanguard Group Inc. raised its stake in shares of Lands’ End by 4.4% in the first quarter. Vanguard Group Inc. now owns 1,138,476 shares of the company’s stock worth $24,421,000 after buying an additional 47,488 shares during the period. California Public Employees Retirement System raised its stake in shares of Lands’ End by 14.9% in the first quarter. California Public Employees Retirement System now owns 111,827 shares of the company’s stock valued at $2,399,000 after buying an additional 14,500 shares during the last quarter. Finally, American International Group Inc. raised its stake in shares of Lands’ End by 7.1% in the first quarter. American International Group Inc. now owns 9,188 shares of the company’s stock valued at $197,000 after buying an additional 608 shares during the last quarter. Institutional investors and hedge funds own 62.58% of the company’s stock.

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)

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