Stamps.com Inc. (NASDAQ:STMP) insider Amine Khechfe sold 6,052 shares of the stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $250.00, for a total transaction of $1,513,000.00. Following the completion of the transaction, the insider now directly owns 6,718 shares in the company, valued at approximately $1,679,500. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Amine Khechfe also recently made the following trade(s):

  • On Friday, July 17th, Amine Khechfe sold 8,000 shares of Stamps.com stock. The shares were sold at an average price of $220.00, for a total transaction of $1,760,000.00.
  • On Thursday, July 2nd, Amine Khechfe sold 10,000 shares of Stamps.com stock. The shares were sold at an average price of $200.00, for a total transaction of $2,000,000.00.

Shares of STMP opened at $260.28 on Friday. The stock has a market capitalization of $4.45 billion, a P/E ratio of 77.70 and a beta of 0.30. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.02. The firm has a fifty day simple moving average of $198.76 and a two-hundred day simple moving average of $150.89. Stamps.com Inc. has a twelve month low of $44.03 and a twelve month high of $261.55.

Stamps.com (NASDAQ:STMP) last posted its earnings results on Thursday, May 7th. The software maker reported $1.32 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.99 by $0.33. Stamps.com had a net margin of 10.21% and a return on equity of 10.26%. The firm had revenue of $151.35 million during the quarter, compared to analysts’ expectations of $132.43 million. During the same period last year, the company posted $1.23 EPS. The company’s quarterly revenue was up 11.3% compared to the same quarter last year. Sell-side analysts expect that Stamps.com Inc. will post 4.26 EPS for the current fiscal year.

A number of equities research analysts have recently issued reports on the stock. Craig Hallum upped their price objective on shares of Stamps.com from $200.00 to $230.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Northland Securities reaffirmed a “buy” rating and issued a $220.00 price objective on shares of Stamps.com in a research note on Thursday, May 28th. Finally, BidaskClub raised shares of Stamps.com from a “hold” rating to a “buy” rating in a research note on Saturday, July 11th. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $149.00.

Several large investors have recently bought and sold shares of the company. M&T Bank Corp lifted its position in shares of Stamps.com by 2.3% in the 1st quarter. M&T Bank Corp now owns 2,929 shares of the software maker’s stock worth $381,000 after purchasing an additional 67 shares during the period. Alliancebernstein L.P. increased its stake in shares of Stamps.com by 0.4% in the 1st quarter. Alliancebernstein L.P. now owns 24,422 shares of the software maker’s stock worth $3,177,000 after acquiring an additional 100 shares in the last quarter. Mason Street Advisors LLC increased its stake in shares of Stamps.com by 2.0% in the 4th quarter. Mason Street Advisors LLC now owns 5,650 shares of the software maker’s stock worth $472,000 after acquiring an additional 113 shares in the last quarter. Mutual of America Capital Management LLC increased its stake in shares of Stamps.com by 23.1% in the 1st quarter. Mutual of America Capital Management LLC now owns 714 shares of the software maker’s stock worth $93,000 after acquiring an additional 134 shares in the last quarter. Finally, Victory Capital Management Inc. increased its stake in shares of Stamps.com by 7.2% in the 4th quarter. Victory Capital Management Inc. now owns 3,369 shares of the software maker’s stock worth $281,000 after acquiring an additional 226 shares in the last quarter. 88.07% of the stock is owned by hedge funds and other institutional investors.

Stamps.com Company Profile

Stamps.com Inc provides Internet-based mailing and shipping solutions in the United States and Europe. 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.

Further Reading: How analysts view the yield curve

Insider Buying and Selling by Quarter for Stamps.com (NASDAQ:STMP)

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