Dollar Tree, Inc. (NASDAQ:DLTR) insider Gary M. Philbin sold 9,950 shares of the stock in a transaction on Wednesday, September 13th. The stock was sold at an average price of $84.54, for a total value of $841,173.00. Following the sale, the insider now owns 34,532 shares in the company, valued at approximately $2,919,335.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Shares of Dollar Tree, Inc. (NASDAQ:DLTR) traded up 0.02% during mid-day trading on Friday, reaching $83.48. 2,757,320 shares of the company’s stock traded hands. The firm has a market capitalization of $19.77 billion, a price-to-earnings ratio of 21.36 and a beta of 0.68. The stock has a 50-day moving average price of $77.55 and a 200 day moving average price of $76.03. Dollar Tree, Inc. has a 12-month low of $65.63 and a 12-month high of $91.41.

Dollar Tree (NASDAQ:DLTR) last issued its earnings results on Thursday, August 24th. The company reported $0.99 EPS for the quarter, topping the Zacks’ consensus estimate of $0.87 by $0.12. The business had revenue of $5.28 billion for the quarter, compared to the consensus estimate of $5.24 billion. Dollar Tree had a net margin of 4.37% and a return on equity of 18.07%. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.72 EPS. Analysts anticipate that Dollar Tree, Inc. will post $4.66 EPS for the current fiscal year.

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DLTR has been the topic of a number of recent analyst reports. Sanford C. Bernstein upgraded Dollar Tree from an “underperform” rating to a “market perform” rating and increased their price objective for the stock from $65.00 to $78.00 in a research report on Monday, August 28th. They noted that the move was a valuation call. Deutsche Bank AG reiterated a “buy” rating and issued a $95.00 price objective on shares of Dollar Tree in a research report on Tuesday, July 4th. Raymond James Financial, Inc. upgraded Dollar Tree from a “market perform” rating to a “strong-buy” rating and set a $95.00 price objective on the stock in a research report on Friday, August 25th. BMO Capital Markets set a $88.00 price objective on Dollar Tree and gave the stock a “hold” rating in a research report on Friday, May 26th. Finally, Loop Capital reiterated a “hold” rating and issued a $80.00 price objective on shares of Dollar Tree in a research report on Friday, June 23rd. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and fourteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $88.04.

A number of hedge funds have recently modified their holdings of the business. Vanguard Group Inc. grew its stake in Dollar Tree by 3.2% in the 2nd quarter. Vanguard Group Inc. now owns 22,359,098 shares of the company’s stock worth $1,563,349,000 after acquiring an additional 691,393 shares in the last quarter. FMR LLC grew its stake in Dollar Tree by 49.4% in the 2nd quarter. FMR LLC now owns 17,309,462 shares of the company’s stock worth $1,210,277,000 after acquiring an additional 5,724,495 shares in the last quarter. BlackRock Inc. grew its stake in Dollar Tree by 10.3% in the 2nd quarter. BlackRock Inc. now owns 15,904,087 shares of the company’s stock worth $1,112,013,000 after acquiring an additional 1,479,936 shares in the last quarter. State Street Corp grew its stake in Dollar Tree by 2.5% in the 1st quarter. State Street Corp now owns 9,886,212 shares of the company’s stock worth $775,667,000 after acquiring an additional 239,221 shares in the last quarter. Finally, Maverick Capital Ltd. grew its stake in Dollar Tree by 86.7% in the 2nd quarter. Maverick Capital Ltd. now owns 8,135,605 shares of the company’s stock worth $568,842,000 after acquiring an additional 3,777,579 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Dollar Tree Company Profile

Dollar Tree, Inc is an operator of discount variety stores. As of January 28, 2017, the Company operated 14,334 stores in 48 states and the District of Columbia, and five Canadian provinces. Its segments include Dollar Tree and Family Dollar. The Dollar Tree segment is the operator of discount variety stores offering merchandise at a fixed price.

Insider Buying and Selling by Quarter for Dollar Tree (NASDAQ:DLTR)

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