Stamps.com Inc. (NASDAQ:STMP) Director David C. Habiger purchased 287 shares of the business’s stock in a transaction on Thursday, March 14th. The shares were bought at an average cost of $87.01 per share, with a total value of $24,971.87. Following the acquisition, the director now directly owns 287 shares of the company’s stock, valued at approximately $24,971.87. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Shares of NASDAQ STMP traded down $1.69 during mid-day trading on Friday, reaching $85.49. The company’s stock had a trading volume of 1,034,159 shares, compared to its average volume of 1,013,027. The firm has a market cap of $1.55 billion, a price-to-earnings ratio of 8.69, a price-to-earnings-growth ratio of 1.51 and a beta of 0.40. The company has a quick ratio of 1.50, a current ratio of 1.52 and a debt-to-equity ratio of 0.08. Stamps.com Inc. has a 52 week low of $82.40 and a 52 week high of $285.74.

Stamps.com (NASDAQ:STMP) last released its quarterly earnings data on Thursday, February 21st. The software maker reported $3.73 earnings per share for the quarter, topping analysts’ consensus estimates of $2.90 by $0.83. The firm had revenue of $170.23 million during the quarter, compared to analyst estimates of $159.99 million. Stamps.com had a return on equity of 30.75% and a net margin of 28.73%. The business’s quarterly revenue was up 28.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $4.68 earnings per share. Research analysts expect that Stamps.com Inc. will post 3.95 EPS for the current fiscal year.

A number of equities analysts have recently weighed in on STMP shares. B. Riley dropped their price objective on Stamps.com from $300.00 to $130.00 and set a “buy” rating for the company in a research note on Friday, February 22nd. Maxim Group set a $320.00 price objective on Stamps.com and gave the stock a “buy” rating in a research note on Thursday, December 13th. TheStreet lowered Stamps.com from a “b-” rating to a “c+” rating in a research note on Monday, March 11th. Finally, Zacks Investment Research lowered Stamps.com from a “buy” rating to a “hold” rating in a research note on Wednesday, January 30th. Three analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $159.83.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. First Trust Advisors LP lifted its position in shares of Stamps.com by 57.9% in the third quarter. First Trust Advisors LP now owns 22,463 shares of the software maker’s stock worth $5,081,000 after buying an additional 8,239 shares in the last quarter. Russell Investments Group Ltd. lifted its position in shares of Stamps.com by 179.8% in the third quarter. Russell Investments Group Ltd. now owns 16,085 shares of the software maker’s stock worth $3,653,000 after buying an additional 10,337 shares in the last quarter. Victory Capital Management Inc. purchased a new stake in shares of Stamps.com in the third quarter worth about $2,150,000. Chicago Equity Partners LLC purchased a new stake in shares of Stamps.com in the third quarter worth about $405,000. Finally, Los Angeles Capital Management & Equity Research Inc. lifted its position in shares of Stamps.com by 74.6% in the third quarter. Los Angeles Capital Management & Equity Research Inc. now owns 8,494 shares of the software maker’s stock worth $1,921,000 after buying an additional 3,630 shares in the last quarter. 96.50% of the stock is owned by hedge funds and other institutional investors.

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About Stamps.com

Stamps.com Inc provides Internet-based mailing and shipping solutions in the United States. The company offers mailing and shipping solutions to mail and ship various mail pieces and packages through the United States Postal Service (USPS) under the Stamps.com and Endicia brands. Its solutions support various USPS mail classes, including First Class Mail, Priority Mail, Priority Mail Express, Media Mail, Parcel Select, and others.

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