Levi Strauss & Co. (NYSE:LEVI) major shareholder Walter J. Haas sold 22,321 shares of the firm’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $17.06, for a total transaction of $380,796.26. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Walter J. Haas also recently made the following trade(s):

  • On Friday, November 8th, Walter J. Haas sold 50,749 shares of Levi Strauss & Co. stock. The shares were sold at an average price of $17.10, for a total transaction of $867,807.90.

Shares of LEVI traded down $0.05 during midday trading on Tuesday, reaching $17.00. The stock had a trading volume of 768,600 shares, compared to its average volume of 1,527,759. The firm has a 50 day simple moving average of $17.90 and a 200-day simple moving average of $19.43. Levi Strauss & Co. has a one year low of $16.00 and a one year high of $24.50. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.58 and a current ratio of 2.37.

Levi Strauss & Co. (NYSE:LEVI) last announced its quarterly earnings data on Tuesday, October 8th. The blue-jean maker reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. Levi Strauss & Co. had a net margin of 6.85% and a return on equity of 37.44%. The company had revenue of $1.45 million during the quarter, compared to the consensus estimate of $1.44 billion. The company’s revenue for the quarter was up 4.3% on a year-over-year basis. As a group, equities analysts forecast that Levi Strauss & Co. will post 1.07 earnings per share for the current year.

The business also recently announced a — dividend, which was paid on Thursday, October 17th. Stockholders of record on Saturday, October 5th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, October 3rd.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Price T Rowe Associates Inc. MD lifted its stake in shares of Levi Strauss & Co. by 43.5% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 4,592,606 shares of the blue-jean maker’s stock worth $95,894,000 after buying an additional 1,392,606 shares during the last quarter. Vanguard Group Inc. raised its stake in Levi Strauss & Co. by 33.2% in the 2nd quarter. Vanguard Group Inc. now owns 3,405,875 shares of the blue-jean maker’s stock worth $71,115,000 after purchasing an additional 848,954 shares in the last quarter. Wells Fargo & Company MN raised its stake in Levi Strauss & Co. by 4,149.5% in the 2nd quarter. Wells Fargo & Company MN now owns 3,269,980 shares of the blue-jean maker’s stock worth $68,277,000 after purchasing an additional 3,193,030 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in Levi Strauss & Co. by 34.6% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,829,208 shares of the blue-jean maker’s stock worth $34,828,000 after purchasing an additional 470,047 shares in the last quarter. Finally, Putnam Investments LLC raised its stake in Levi Strauss & Co. by 317.6% in the 2nd quarter. Putnam Investments LLC now owns 1,318,981 shares of the blue-jean maker’s stock worth $27,540,000 after purchasing an additional 1,003,152 shares in the last quarter. Institutional investors own 8.88% of the company’s stock.

A number of research analysts have recently commented on LEVI shares. Goldman Sachs Group downgraded shares of Levi Strauss & Co. from a “neutral” rating to a “sell” rating and decreased their price objective for the company from $21.00 to $19.00 in a research report on Wednesday, July 17th. Macquarie started coverage on shares of Levi Strauss & Co. in a research report on Monday, October 21st. They issued an “outperform” rating for the company. ValuEngine raised shares of Levi Strauss & Co. from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Bank of America lifted their price objective on shares of Levi Strauss & Co. from $20.00 to $22.00 and gave the company a “buy” rating in a research report on Wednesday, October 9th. Finally, Guggenheim reissued a “buy” rating on shares of Levi Strauss & Co. in a research report on Wednesday, September 4th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company. Levi Strauss & Co. presently has a consensus rating of “Buy” and an average price target of $24.43.

Levi Strauss & Co. Company Profile

Levi Strauss & Co designs, markets, and sells jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear, and related accessories for men, women, and children. The company sells its products under the Levi's, Dockers, Signature by Levi Strauss & Co, and Denizen brands; and also licenses its Levi's and Dockers trademarks for various product categories, including footwear, belts, wallets and bags, outerwear, sweaters, dress shirts, kids wear, sleepwear, and hosiery.

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Insider Buying and Selling by Quarter for Levi Strauss & Co. (NYSE:LEVI)

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