Fuller & Thaler Asset Management Inc. purchased a new stake in Vera Bradley, Inc. (NASDAQ:VRA) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 400,450 shares of the textile maker’s stock, valued at approximately $3,528,000. Fuller & Thaler Asset Management Inc. owned approximately 1.11% of Vera Bradley at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Teton Advisors Inc. acquired a new position in Vera Bradley during the second quarter worth $102,000. LMR Partners LLP acquired a new position in Vera Bradley during the second quarter worth $115,000. Voya Investment Management LLC raised its stake in shares of Vera Bradley by 29.4% in the second quarter. Voya Investment Management LLC now owns 13,261 shares of the textile maker’s stock valued at $130,000 after acquiring an additional 3,014 shares in the last quarter. Texas Permanent School Fund raised its stake in shares of Vera Bradley by 1.2% in the second quarter. Texas Permanent School Fund now owns 13,789 shares of the textile maker’s stock valued at $135,000 after acquiring an additional 157 shares in the last quarter. Finally, Metropolitan Life Insurance Co. NY raised its stake in shares of Vera Bradley by 14.7% in the first quarter. Metropolitan Life Insurance Co. NY now owns 15,147 shares of the textile maker’s stock valued at $141,000 after acquiring an additional 1,943 shares in the last quarter. Institutional investors and hedge funds own 63.45% of the company’s stock.

Vera Bradley, Inc. (NASDAQ VRA) opened at $8.23 on Friday. The stock has a market capitalization of $297.55, a PE ratio of 15.83, a price-to-earnings-growth ratio of 1.76 and a beta of 1.01. Vera Bradley, Inc. has a twelve month low of $6.99 and a twelve month high of $15.86.

Vera Bradley (NASDAQ:VRA) last issued its quarterly earnings data on Wednesday, August 30th. The textile maker reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.03. The company had revenue of $112.42 million for the quarter, compared to analyst estimates of $111.72 million. Vera Bradley had a return on equity of 6.64% and a net margin of 2.21%. The business’s quarterly revenue was down 5.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.17 earnings per share. analysts predict that Vera Bradley, Inc. will post 0.47 earnings per share for the current fiscal year.

Several analysts have recently issued reports on the company. B. Riley reiterated a “buy” rating on shares of Vera Bradley in a research note on Wednesday, November 1st. BidaskClub upgraded Vera Bradley from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. FBR & Co set a $12.00 price objective on Vera Bradley and gave the company a “buy” rating in a research note on Monday, August 28th. KeyCorp reiterated a “hold” rating on shares of Vera Bradley in a research note on Friday, August 25th. Finally, Jefferies Group LLC reissued a “hold” rating and issued a $11.00 target price on shares of Vera Bradley in a report on Thursday, October 12th. One analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company’s stock. Vera Bradley has an average rating of “Hold” and an average price target of $10.33.

In related news, EVP Kimberly F. Colby sold 170,000 shares of the firm’s stock in a transaction dated Thursday, September 28th. The shares were sold at an average price of $8.47, for a total value of $1,439,900.00. Following the completion of the sale, the executive vice president now owns 21,655 shares in the company, valued at $183,417.85. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, major shareholder Michael C. Ray sold 237,500 shares of the firm’s stock in a transaction dated Tuesday, September 5th. The shares were sold at an average price of $8.23, for a total transaction of $1,954,625.00. Following the completion of the sale, the insider now owns 120,712 shares of the company’s stock, valued at approximately $993,459.76. The disclosure for this sale can be found here. Company insiders own 39.60% of the company’s stock.

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Vera Bradley Company Profile

Vera Bradley, Inc (Vera Bradley) is a designer of women’s handbags, accessories, luggage and travel items, eyewear, and stationery and gifts. The Company’s segments include Direct and Indirect. The Company offers various products, including bags, travel, home and accessories. Its accessories include fashion accessories, such as wallets, eyeglass cases, jewelry, and scarves and various technology accessories.

Institutional Ownership by Quarter for Vera Bradley (NASDAQ:VRA)

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