Tiffany & Co. (NYSE:TIF) Director Francesco Trapani acquired 25,000 shares of the business’s stock in a transaction dated Tuesday, September 26th. The stock was bought at an average cost of $89.34 per share, with a total value of $2,233,500.00. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Francesco Trapani also recently made the following trade(s):

  • On Friday, September 1st, Francesco Trapani acquired 25,000 shares of Tiffany & Co. stock. The stock was bought at an average cost of $91.84 per share, with a total value of $2,296,000.00.
  • On Wednesday, August 30th, Francesco Trapani acquired 56,064 shares of Tiffany & Co. stock. The stock was bought at an average cost of $88.03 per share, with a total value of $4,935,313.92.
  • On Thursday, August 31st, Francesco Trapani acquired 76,064 shares of Tiffany & Co. stock. The stock was bought at an average cost of $88.69 per share, with a total value of $6,746,116.16.
  • On Monday, August 28th, Francesco Trapani acquired 35,000 shares of Tiffany & Co. stock. The stock was bought at an average cost of $89.34 per share, with a total value of $3,126,900.00.
  • On Tuesday, August 29th, Francesco Trapani acquired 48,936 shares of Tiffany & Co. stock. The stock was bought at an average cost of $89.16 per share, with a total value of $4,363,133.76.

Tiffany & Co. (TIF) opened at 91.78 on Friday. The company has a market cap of $11.43 billion, a PE ratio of 24.93 and a beta of 1.91. Tiffany & Co. has a 52-week low of $70.55 and a 52-week high of $97.29. The firm’s 50-day moving average price is $90.97 and its 200 day moving average price is $91.89.

Tiffany & Co. (NYSE:TIF) last issued its earnings results on Thursday, August 24th. The specialty retailer reported $0.92 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.86 by $0.06. The firm had revenue of $960.00 million for the quarter, compared to analyst estimates of $930.19 million. Tiffany & Co. had a return on equity of 15.91% and a net margin of 11.41%. The business’s revenue was up 3.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.84 earnings per share. On average, equities analysts predict that Tiffany & Co. will post $3.97 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 10th. Shareholders of record on Wednesday, September 20th will be paid a $0.50 dividend. The ex-dividend date is Tuesday, September 19th. This represents a $2.00 annualized dividend and a dividend yield of 2.18%. Tiffany & Co.’s payout ratio is presently 54.35%.

ILLEGAL ACTIVITY WARNING: “Insider Buying: Tiffany & Co. (TIF) Director Buys $2,233,500.00 in Stock” was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this piece on another website, it was illegally stolen and reposted in violation of US & international copyright & trademark laws. The correct version of this piece can be read at https://www.thecerbatgem.com/2017/10/01/insider-buying-tiffany-co-tif-director-buys-2233500-00-in-stock.html.

Several large investors have recently added to or reduced their stakes in TIF. BlackRock Inc. raised its stake in shares of Tiffany & Co. by 2,886.2% during the 1st quarter. BlackRock Inc. now owns 6,980,800 shares of the specialty retailer’s stock valued at $665,271,000 after purchasing an additional 6,747,028 shares during the period. Janus Henderson Group PLC raised its stake in shares of Tiffany & Co. by 9,785.1% during the 2nd quarter. Janus Henderson Group PLC now owns 1,212,501 shares of the specialty retailer’s stock valued at $113,818,000 after purchasing an additional 1,200,235 shares during the period. Investec Asset Management LTD raised its stake in shares of Tiffany & Co. by 85.9% during the 1st quarter. Investec Asset Management LTD now owns 2,053,994 shares of the specialty retailer’s stock valued at $195,746,000 after purchasing an additional 949,105 shares during the period. Renaissance Technologies LLC bought a new stake in shares of Tiffany & Co. during the 1st quarter valued at $39,206,000. Finally, Cramer Rosenthal Mcglynn LLC bought a new stake in shares of Tiffany & Co. during the 2nd quarter valued at $30,981,000. Institutional investors own 79.71% of the company’s stock.

Several equities research analysts have recently commented on TIF shares. Oppenheimer Holdings, Inc. reissued a “buy” rating on shares of Tiffany & Co. in a report on Friday, September 8th. Bank of America Corporation reissued a “buy” rating and issued a $110.00 price objective on shares of Tiffany & Co. in a report on Wednesday, June 28th. Zacks Investment Research downgraded Tiffany & Co. from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. BidaskClub downgraded Tiffany & Co. from a “strong-buy” rating to a “buy” rating in a report on Thursday, August 10th. Finally, Jefferies Group LLC set a $110.00 price objective on Tiffany & Co. and gave the company a “buy” rating in a report on Tuesday, June 6th. Eleven investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $93.47.

About Tiffany & Co.

Tiffany & Co is a holding company that operates through its subsidiary companies. The Company’s principal subsidiary, Tiffany and Company (Tiffany), is a jeweler and specialty retailer. The Company’s segments include Americas, Asia-Pacific, Japan, Europe and Other. Through its subsidiaries, the Company designs and manufactures products and operates TIFFANY & CO.

Insider Buying and Selling by Quarter for Tiffany & Co. (NYSE:TIF)

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