Leaf Group Ltd (NASDAQ:LFGR) issued its earnings results on Tuesday. The company reported ($0.33) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.44) by $0.11, Bloomberg Earnings reports. Leaf Group had a negative return on equity of 52.73% and a negative net margin of 31.38%. The company had revenue of $33.50 million during the quarter, compared to the consensus estimate of $30.93 million. During the same period in the previous year, the firm posted ($0.41) earnings per share. Leaf Group’s quarterly revenue was up 19.2% compared to the same quarter last year.

Shares of Leaf Group (LFGR) remained flat at $$7.25 during mid-day trading on Tuesday. 15,520 shares of the company were exchanged, compared to its average volume of 14,536. Leaf Group has a one year low of $5.75 and a one year high of $9.35.

A number of equities analysts have commented on the company. Zacks Investment Research upgraded Leaf Group from a “hold” rating to a “buy” rating and set a $7.75 target price for the company in a research note on Wednesday, October 4th. B. Riley restated a “buy” rating and issued a $10.50 target price on shares of Leaf Group in a research note on Wednesday, August 9th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $9.88.

In related news, CEO Sean P. Moriarty sold 67,000 shares of Leaf Group stock in a transaction dated Thursday, August 17th. The stock was sold at an average price of $6.72, for a total value of $450,240.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 71,929 shares of company stock valued at $483,452 over the last quarter.

A hedge fund recently bought a new stake in Leaf Group stock. California State Teachers Retirement System bought a new stake in Leaf Group Ltd (NASDAQ:LFGR) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 21,000 shares of the company’s stock, valued at approximately $164,000. California State Teachers Retirement System owned 0.10% of Leaf Group as of its most recent SEC filing.

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About Leaf Group

Leaf Group Ltd., formerly Demand Media, Inc, is diversified Internet marketplaces and media company. The Company has online media properties and marketplace platforms that enable communities of creators to reach audiences in lifestyle categories. The Company operates an online studio platform for the professional creation and distribution of content, as well as two online artist marketplaces.

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