Shutterfly, Inc. (SFLY) Position Maintained by Ameritas Investment Partners Inc.
Ameritas Investment Partners Inc. held its stake in Shutterfly, Inc. (NASDAQ:SFLY) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,984 shares of the technology company’s stock at the close of the 2nd quarter. Ameritas Investment Partners Inc.’s holdings in Shutterfly were worth $142,000 at the end of the most recent quarter.
Several other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Shutterfly by 2.3% in the second quarter. Vanguard Group Inc. now owns 2,903,180 shares of the technology company’s stock valued at $137,902,000 after acquiring an additional 64,361 shares during the period. Dimensional Fund Advisors LP lifted its position in Shutterfly by 1.6% during the second quarter. Dimensional Fund Advisors LP now owns 1,244,827 shares of the technology company’s stock worth $59,130,000 after purchasing an additional 19,717 shares during the period. State Street Corp lifted its position in Shutterfly by 4.0% during the second quarter. State Street Corp now owns 979,974 shares of the technology company’s stock worth $46,554,000 after purchasing an additional 37,889 shares during the period. Rice Hall James & Associates LLC lifted its position in Shutterfly by 25.8% during the second quarter. Rice Hall James & Associates LLC now owns 469,086 shares of the technology company’s stock worth $22,282,000 after purchasing an additional 96,231 shares during the period. Finally, Old Mutual Global Investors UK Ltd. lifted its position in Shutterfly by 181.5% during the second quarter. Old Mutual Global Investors UK Ltd. now owns 432,933 shares of the technology company’s stock worth $20,564,000 after purchasing an additional 279,115 shares during the period.
Shutterfly, Inc. (NASDAQ SFLY) opened at $41.03 on Monday. The company has a market cap of $1,347.12, a PE ratio of 66.18 and a beta of 0.85. Shutterfly, Inc. has a fifty-two week low of $40.47 and a fifty-two week high of $53.99.
Shutterfly (NASDAQ:SFLY) last posted its earnings results on Tuesday, October 24th. The technology company reported ($0.78) EPS for the quarter, topping analysts’ consensus estimates of ($0.79) by $0.01. The firm had revenue of $195.44 million during the quarter, compared to analysts’ expectations of $191.65 million. Shutterfly had a net margin of 0.81% and a return on equity of 4.66%. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.86) earnings per share. equities analysts anticipate that Shutterfly, Inc. will post 0.45 earnings per share for the current fiscal year.
Several research firms recently weighed in on SFLY. Zacks Investment Research raised shares of Shutterfly from a “hold” rating to a “strong-buy” rating and set a $57.00 price objective for the company in a research report on Friday, July 28th. Aegis reaffirmed a “buy” rating and set a $56.00 price objective on shares of Shutterfly in a research report on Tuesday, October 24th. ValuEngine raised shares of Shutterfly from a “sell” rating to a “hold” rating in a research report on Friday, September 22nd. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and set a $47.00 price objective on shares of Shutterfly in a research report on Wednesday, October 11th. Finally, BidaskClub cut shares of Shutterfly from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 5th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company’s stock. Shutterfly presently has an average rating of “Hold” and an average price target of $53.50.
In other news, SVP Ishantha Lokuge sold 7,162 shares of the stock in a transaction dated Friday, October 20th. The shares were sold at an average price of $48.85, for a total value of $349,863.70. Following the completion of the transaction, the senior vice president now owns 7,162 shares of the company’s stock, valued at $349,863.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Michael W. Pope sold 35,000 shares of the stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $42.08, for a total transaction of $1,472,800.00. Following the completion of the transaction, the chief financial officer now directly owns 17,500 shares of the company’s stock, valued at approximately $736,400. The disclosure for this sale can be found here. Insiders sold 46,894 shares of company stock valued at $2,048,959 in the last three months. Company insiders own 5.70% of the company’s stock.
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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.
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