Blue Apron Holdings Inc (NYSE:APRN) CEO Brad Dickerson sold 5,679 shares of the stock in a transaction that occurred on Monday, August 27th. The shares were sold at an average price of $2.12, for a total value of $12,039.48. Following the transaction, the chief executive officer now directly owns 247,060 shares of the company’s stock, valued at $523,767.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Brad Dickerson also recently made the following trade(s):

  • On Friday, July 6th, Brad Dickerson sold 21,732 shares of Blue Apron stock. The shares were sold at an average price of $3.44, for a total value of $74,758.08.

Shares of APRN traded up $0.02 during mid-day trading on Friday, reaching $2.03. The company’s stock had a trading volume of 2,620 shares, compared to its average volume of 3,709,470. Blue Apron Holdings Inc has a 1-year low of $1.72 and a 1-year high of $6.25. The stock has a market cap of $410.02 million, a price-to-earnings ratio of -1.24 and a beta of -1.09. The company has a quick ratio of 2.30, a current ratio of 2.74 and a debt-to-equity ratio of 0.74.

Blue Apron (NYSE:APRN) last released its quarterly earnings data on Thursday, August 2nd. The company reported ($0.17) earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of ($0.17). Blue Apron had a negative return on equity of 89.80% and a negative net margin of 24.64%. The company had revenue of $179.60 million during the quarter, compared to analysts’ expectations of $188.51 million. During the same period last year, the firm posted ($0.47) earnings per share. The business’s revenue was down 24.6% on a year-over-year basis. analysts expect that Blue Apron Holdings Inc will post -0.72 earnings per share for the current year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in APRN. Millennium Management LLC lifted its position in shares of Blue Apron by 285.7% in the second quarter. Millennium Management LLC now owns 2,242,735 shares of the company’s stock valued at $7,513,000 after buying an additional 1,661,211 shares during the last quarter. River & Mercantile Asset Management LLP lifted its position in shares of Blue Apron by 74.7% in the first quarter. River & Mercantile Asset Management LLP now owns 3,882,753 shares of the company’s stock valued at $7,746,000 after buying an additional 1,660,748 shares during the last quarter. Westpac Banking Corp lifted its position in shares of Blue Apron by 173.1% in the first quarter. Westpac Banking Corp now owns 1,574,228 shares of the company’s stock valued at $3,148,000 after buying an additional 997,904 shares during the last quarter. OZ Management LP lifted its position in shares of Blue Apron by 3,200.0% in the first quarter. OZ Management LP now owns 465,000 shares of the company’s stock valued at $930,000 after buying an additional 480,000 shares during the last quarter. Finally, Tiedemann Advisors LLC acquired a new stake in shares of Blue Apron in the first quarter valued at approximately $689,000. 12.96% of the stock is owned by institutional investors.

APRN has been the subject of several recent research reports. Canaccord Genuity reissued a “buy” rating and set a $8.00 price target on shares of Blue Apron in a research report on Thursday, May 3rd. Stifel Nicolaus reduced their price target on Blue Apron from $4.00 to $3.50 and set a “hold” rating for the company in a research report on Friday, May 4th. Citigroup increased their price target on Blue Apron from $2.25 to $2.50 and gave the company a “neutral” rating in a research report on Friday, May 4th. Morgan Stanley reduced their price target on Blue Apron from $4.50 to $2.00 and set an “equal weight” rating for the company in a research report on Friday, May 4th. Finally, SunTrust Banks reissued a “hold” rating and set a $2.70 price target on shares of Blue Apron in a research report on Wednesday, May 9th. Ten analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $3.95.

About Blue Apron

Blue Apron Holdings, Inc operates an e-commerce marketplace that delivers original recipes and fresh ingredients for making home cooking accessible. It provides original recipes with the pre-portioned ingredients to complement tastes and lifestyles of college graduates, young couples, families, singles, and empty nesters.

Further Reading: Market Capitalization – What it Means for Investors

Insider Buying and Selling by Quarter for Blue Apron (NYSE:APRN)

Receive News & Ratings for Blue Apron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blue Apron and related companies with MarketBeat.com's FREE daily email newsletter.