Krill Katherine Lawther Sells 19,400 Shares of Ascena Retail Group Inc (ASNA) Stock
Ascena Retail Group Inc (NASDAQ:ASNA) Director Krill Katherine Lawther sold 19,400 shares of the stock in a transaction that occurred on Friday, December 28th. The shares were sold at an average price of $2.33, for a total transaction of $45,202.00. Following the completion of the transaction, the director now owns 108,957 shares of the company’s stock, valued at $253,869.81. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Krill Katherine Lawther also recently made the following trade(s):
- On Wednesday, December 27th, Krill Katherine Lawther sold 195,600 shares of Ascena Retail Group stock. The shares were sold at an average price of $2.45, for a total transaction of $479,220.00.
Shares of Ascena Retail Group Inc (ASNA) opened at $2.35 on Monday. Ascena Retail Group Inc has a one year low of $1.65 and a one year high of $6.61. The company has a market cap of $460.69, a P/E ratio of -0.43 and a beta of 1.96. The company has a current ratio of 1.36, a quick ratio of 0.55 and a debt-to-equity ratio of 2.24.
Ascena Retail Group (NASDAQ:ASNA) last released its earnings results on Monday, December 4th. The specialty retailer reported $0.11 EPS for the quarter, meeting the consensus estimate of $0.11. Ascena Retail Group had a negative net margin of 16.39% and a positive return on equity of 2.50%. The business had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.58 billion. During the same period in the prior year, the business earned $0.18 earnings per share. The business’s quarterly revenue was down 5.3% on a year-over-year basis. equities analysts predict that Ascena Retail Group Inc will post 0.15 EPS for the current year.
ASNA has been the subject of several recent analyst reports. BidaskClub upgraded shares of Ascena Retail Group from a “hold” rating to a “buy” rating in a report on Saturday, December 2nd. FBR & Co set a $3.00 price objective on shares of Ascena Retail Group and gave the company a “hold” rating in a report on Tuesday, October 17th. KeyCorp reissued a “hold” rating on shares of Ascena Retail Group in a research note on Wednesday, October 11th. Royal Bank of Canada set a $3.00 target price on shares of Ascena Retail Group and gave the company a “hold” rating in a research note on Saturday, October 7th. Finally, ValuEngine lowered shares of Ascena Retail Group from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and one has assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $2.75.
Hedge funds have recently added to or reduced their stakes in the stock. Boothbay Fund Management LLC acquired a new stake in Ascena Retail Group during the third quarter valued at approximately $133,000. Virtu KCG Holdings LLC lifted its position in shares of Ascena Retail Group by 47.8% in the 2nd quarter. Virtu KCG Holdings LLC now owns 67,465 shares of the specialty retailer’s stock valued at $145,000 after acquiring an additional 21,823 shares in the last quarter. M&T Bank Corp lifted its position in shares of Ascena Retail Group by 2.3% in the 2nd quarter. M&T Bank Corp now owns 78,184 shares of the specialty retailer’s stock valued at $168,000 after acquiring an additional 1,739 shares in the last quarter. Crossmark Global Holdings Inc. purchased a new stake in shares of Ascena Retail Group in the 3rd quarter valued at approximately $172,000. Finally, Stevens Capital Management LP lifted its position in shares of Ascena Retail Group by 230.3% in the 3rd quarter. Stevens Capital Management LP now owns 76,907 shares of the specialty retailer’s stock valued at $188,000 after acquiring an additional 53,622 shares in the last quarter. 94.92% of the stock is owned by institutional investors and hedge funds.
About Ascena Retail Group
Ascena Retail Group, Inc is a specialty retailer of apparel for women and tween girls. The Company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. The ANN segment offers feminine classics and fashion choices, sold primarily under the Ann Taylor and LOFT brands.
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