Shutterfly, Inc. (NASDAQ:SFLY) CMO John Boris sold 3,116 shares of the stock in a transaction dated Thursday, March 15th. The shares were sold at an average price of $84.79, for a total transaction of $264,205.64. Following the completion of the sale, the chief marketing officer now owns 11,250 shares of the company’s stock, valued at approximately $953,887.50. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

John Boris also recently made the following trade(s):

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  • On Monday, March 19th, John Boris sold 3,134 shares of Shutterfly stock. The shares were sold at an average price of $84.79, for a total transaction of $265,731.86.
  • On Friday, February 16th, John Boris sold 4,606 shares of Shutterfly stock. The shares were sold at an average price of $73.82, for a total transaction of $340,014.92.
  • On Saturday, May 19th, John Boris sold 6,104 shares of Shutterfly stock. The shares were sold at an average price of $37.75, for a total transaction of $230,426.00.
  • On Tuesday, February 20th, John Boris sold 16,456 shares of Shutterfly stock. The shares were sold at an average price of $75.36, for a total transaction of $1,240,124.16.

Shutterfly stock opened at $84.02 on Thursday. Shutterfly, Inc. has a 52-week low of $39.76 and a 52-week high of $86.41. The firm has a market cap of $2,754.83, a P/E ratio of 90.35 and a beta of 0.93. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.38 and a current ratio of 1.40.

Shutterfly (NASDAQ:SFLY) last released its earnings results on Tuesday, January 30th. The technology company reported $3.11 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.86 by $0.25. Shutterfly had a net margin of 2.53% and a return on equity of 6.99%. The firm had revenue of $593.80 million during the quarter, compared to the consensus estimate of $556.40 million. During the same period in the prior year, the firm earned $2.63 EPS. The company’s revenue was up 5.8% compared to the same quarter last year. sell-side analysts anticipate that Shutterfly, Inc. will post 2.09 earnings per share for the current fiscal year.

Shutterfly declared that its board has authorized a share buyback plan on Tuesday, January 30th that authorizes the company to buyback shares. This buyback authorization authorizes the technology company to repurchase shares of its stock through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

Institutional investors have recently added to or reduced their stakes in the company. Bessemer Group Inc. bought a new position in shares of Shutterfly during the 3rd quarter valued at approximately $112,000. SG Americas Securities LLC bought a new position in shares of Shutterfly during the 3rd quarter valued at approximately $162,000. Buckhead Capital Management LLC bought a new position in shares of Shutterfly during the 4th quarter valued at approximately $204,000. Xact Kapitalforvaltning AB bought a new position in shares of Shutterfly during the 4th quarter valued at approximately $216,000. Finally, Meadow Creek Investment Management LLC grew its position in shares of Shutterfly by 13.4% during the 4th quarter. Meadow Creek Investment Management LLC now owns 6,052 shares of the technology company’s stock valued at $301,000 after acquiring an additional 714 shares during the period.

Several equities research analysts have commented on the stock. BidaskClub upgraded shares of Shutterfly from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, March 6th. ValuEngine upgraded shares of Shutterfly from a “sell” rating to a “hold” rating in a research note on Friday, December 29th. Aegis reiterated a “buy” rating and issued a $73.00 price objective on shares of Shutterfly in a research note on Sunday, February 4th. SunTrust Banks increased their price objective on shares of Shutterfly to $60.00 and gave the company a “buy” rating in a research note on Friday, January 12th. Finally, Goldman Sachs lowered shares of Shutterfly from a “neutral” rating to a “sell” rating and set a $46.00 price objective for the company. in a research note on Wednesday, January 17th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $56.88.

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Shutterfly Company Profile

Shutterfly, Inc is an online manufacturer and retailer of personalized products and services. The Company focuses on helping consumers manage their memories through the medium of photography. The Company’s segments are Consumer and Shutterfly Business Solutions (SBS). The Consumer segment offers photo-based products, such as photo books, stationery and greeting cards, other photo-based merchandise, photo prints and statement gifts.

Insider Buying and Selling by Quarter for Shutterfly (NASDAQ:SFLY)

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