Perry Ellis International Inc. (NASDAQ:PERY) insider Luis S. Paez sold 3,812 shares of the business’s stock in a transaction that occurred on Thursday, September 21st. The stock was sold at an average price of $21.55, for a total transaction of $82,148.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Perry Ellis International Inc. (PERY) opened at 22.35 on Friday. Perry Ellis International Inc. has a 12 month low of $16.35 and a 12 month high of $29.00. The firm has a market capitalization of $336.90 million, a P/E ratio of 19.57 and a beta of 0.65. The stock’s 50 day moving average price is $20.29 and its 200-day moving average price is $20.10.

Perry Ellis International (NASDAQ:PERY) last released its quarterly earnings data on Thursday, August 24th. The textile maker reported $0.16 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.10 by $0.06. The business had revenue of $206.60 million during the quarter, compared to analysts’ expectations of $204.97 million. Perry Ellis International had a net margin of 2.08% and a return on equity of 9.05%. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.15 EPS. Equities analysts forecast that Perry Ellis International Inc. will post $2.15 earnings per share for the current year.

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A number of equities analysts recently commented on PERY shares. Zacks Investment Research raised shares of Perry Ellis International from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a research note on Friday, September 1st. ValuEngine downgraded shares of Perry Ellis International from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. TheStreet downgraded shares of Perry Ellis International from a “b-” rating to a “c+” rating in a research note on Friday, August 18th. FBR & Co set a $25.00 price objective on shares of Perry Ellis International and gave the stock a “buy” rating in a research note on Monday, August 21st. Finally, BidaskClub downgraded shares of Perry Ellis International from a “hold” rating to a “sell” rating in a research note on Friday, August 18th. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company. Perry Ellis International currently has an average rating of “Buy” and an average price target of $27.75.

Several institutional investors have recently added to or reduced their stakes in PERY. BNP Paribas Arbitrage SA lifted its position in shares of Perry Ellis International by 42.2% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 5,597 shares of the textile maker’s stock worth $109,000 after purchasing an additional 1,662 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of Perry Ellis International during the 1st quarter worth $122,000. SG Americas Securities LLC lifted its position in shares of Perry Ellis International by 46.2% during the 1st quarter. SG Americas Securities LLC now owns 6,099 shares of the textile maker’s stock worth $131,000 after purchasing an additional 1,926 shares during the last quarter. Wells Fargo & Company MN lifted its position in shares of Perry Ellis International by 3.6% during the 2nd quarter. Wells Fargo & Company MN now owns 10,282 shares of the textile maker’s stock worth $200,000 after purchasing an additional 359 shares during the last quarter. Finally, KBC Group NV purchased a new stake in shares of Perry Ellis International during the 2nd quarter worth $213,000. 70.95% of the stock is owned by institutional investors and hedge funds.

Perry Ellis International Company Profile

Perry Ellis International, Inc is an apparel company. The Company designs, sources, markets and licenses its products nationally and internationally at multiple price points and across all levels of retail distribution. It operates through four segments: Men’s Sportswear and Swim, Women’s Sportswear, Direct-to-Consumer and Licensing.

Insider Buying and Selling by Quarter for Perry Ellis International (NASDAQ:PERY)

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