Stamps.com Inc. (NASDAQ:STMP) insider Amine Khechfe sold 1,200 shares of the firm’s stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $191.25, for a total value of $229,500.00. Following the sale, the insider now directly owns 1,442 shares in the company, valued at $275,782.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Amine Khechfe also recently made the following trade(s):

  • On Tuesday, August 1st, Amine Khechfe sold 1,200 shares of Stamps.com stock. The shares were sold at an average price of $149.05, for a total value of $178,860.00.
  • On Monday, July 3rd, Amine Khechfe sold 1,200 shares of Stamps.com stock. The shares were sold at an average price of $155.15, for a total value of $186,180.00.

Shares of Stamps.com Inc. (NASDAQ:STMP) opened at 188.30 on Thursday. The stock has a 50 day moving average price of $186.56 and a 200 day moving average price of $142.76. Stamps.com Inc. has a one year low of $84.87 and a one year high of $220.25. The company has a market capitalization of $3.18 billion, a PE ratio of 30.45 and a beta of -0.04.

Stamps.com (NASDAQ:STMP) last released its quarterly earnings data on Wednesday, August 2nd. The software maker reported $1.69 EPS for the quarter, beating the Zacks’ consensus estimate of $1.33 by $0.36. The company had revenue of $116.14 million during the quarter, compared to the consensus estimate of $99.29 million. Stamps.com had a net margin of 26.66% and a return on equity of 34.46%. Stamps.com’s quarterly revenue was up 38.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.94 EPS. On average, equities research analysts predict that Stamps.com Inc. will post $8.05 earnings per share for the current year.

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STMP has been the topic of a number of recent analyst reports. Roth Capital reissued a “buy” rating and set a $166.00 price target on shares of Stamps.com in a report on Wednesday, May 31st. Zacks Investment Research raised Stamps.com from a “hold” rating to a “strong-buy” rating and set a $222.00 price target on the stock in a report on Tuesday, August 29th. ValuEngine raised Stamps.com from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Craig Hallum reissued a “buy” rating and set a $210.00 price target (up from $170.00) on shares of Stamps.com in a report on Thursday, August 3rd. Finally, B. Riley set a $250.00 price target on Stamps.com and gave the company a “buy” rating in a report on Friday, August 25th. Six research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $205.33.

A number of hedge funds have recently added to or reduced their stakes in the business. Bank of Montreal Can raised its holdings in Stamps.com by 1.6% in the 2nd quarter. Bank of Montreal Can now owns 1,074 shares of the software maker’s stock valued at $167,000 after acquiring an additional 17 shares during the last quarter. Renaissance Group LLC raised its holdings in Stamps.com by 0.7% in the 2nd quarter. Renaissance Group LLC now owns 2,980 shares of the software maker’s stock valued at $462,000 after acquiring an additional 21 shares during the last quarter. Pinebridge Investments L.P. raised its holdings in Stamps.com by 1.6% in the 2nd quarter. Pinebridge Investments L.P. now owns 2,076 shares of the software maker’s stock valued at $322,000 after acquiring an additional 32 shares during the last quarter. Arcus Capital Partners LLC raised its holdings in Stamps.com by 1.6% in the 1st quarter. Arcus Capital Partners LLC now owns 3,086 shares of the software maker’s stock valued at $365,000 after acquiring an additional 49 shares during the last quarter. Finally, Amalgamated Bank raised its holdings in Stamps.com by 3.4% in the 2nd quarter. Amalgamated Bank now owns 2,211 shares of the software maker’s stock valued at $342,000 after acquiring an additional 72 shares during the last quarter.

About Stamps.com

Stamps.com Inc is a provider of Internet-based mailing and shipping solutions in the United States. The Company offers mailing and shipping products and services to its customers under the Stamps.com, Endicia, ShipStation, ShipWorks and ShippingEasy brands. It operates through the Internet Mailing and Shipping Services segment.

Insider Buying and Selling by Quarter for Stamps.com (NASDAQ:STMP)

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