Shutterfly, Inc. (SFLY) SVP Michele Anderson Sells 4,187 Shares
Shutterfly, Inc. (NASDAQ:SFLY) SVP Michele Anderson sold 4,187 shares of the stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $75.97, for a total value of $318,086.39. Following the completion of the transaction, the senior vice president now owns 12,041 shares of the company’s stock, valued at approximately $914,754.77. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Shares of Shutterfly, Inc. (NASDAQ:SFLY) opened at $81.01 on Friday. Shutterfly, Inc. has a 1 year low of $39.76 and a 1 year high of $81.05. The company has a market capitalization of $2,552.58, a PE ratio of 71.36 and a beta of 0.93. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.38 and a current ratio of 1.40.
Shutterfly (NASDAQ:SFLY) last announced its quarterly earnings data on Tuesday, January 30th. The technology company reported $3.11 EPS for the quarter, topping the Zacks’ consensus estimate of $2.86 by $0.25. Shutterfly had a return on equity of 6.99% and a net margin of 2.53%. The firm had revenue of $593.80 million during the quarter, compared to analyst estimates of $556.40 million. During the same period last year, the company posted $2.63 EPS. The business’s quarterly revenue was up 5.8% compared to the same quarter last year. equities analysts predict that Shutterfly, Inc. will post 2.09 earnings per share for the current fiscal year.
Several institutional investors and hedge funds have recently bought and sold shares of SFLY. State Street Corp raised its stake in shares of Shutterfly by 4.0% during the 2nd 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 in the last quarter. Public Employees Retirement System of Ohio raised its stake in shares of Shutterfly by 2.2% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 10,941 shares of the technology company’s stock worth $520,000 after purchasing an additional 237 shares in the last quarter. First Trust Advisors LP raised its stake in shares of Shutterfly by 9.6% during the 3rd quarter. First Trust Advisors LP now owns 13,998 shares of the technology company’s stock worth $679,000 after purchasing an additional 1,228 shares in the last quarter. Crossmark Global Holdings Inc. purchased a new stake in shares of Shutterfly during the 3rd quarter worth about $487,000. Finally, Parametrica Management Ltd purchased a new stake in shares of Shutterfly during the 3rd quarter worth about $277,000.
A number of equities analysts recently weighed in on the company. ValuEngine upgraded Shutterfly from a “sell” rating to a “hold” rating in a research report on Friday, December 29th. BidaskClub upgraded Shutterfly from a “sell” rating to a “hold” rating in a research report on Friday, December 29th. Aegis restated a “buy” rating and set a $73.00 price objective on shares of Shutterfly in a research report on Sunday, February 4th. SunTrust Banks raised their price objective on Shutterfly to $60.00 and gave the stock a “buy” rating in a research report on Friday, January 12th. Finally, Goldman Sachs Group lowered Shutterfly from a “neutral” rating to a “sell” rating and set a $46.00 price objective for the company. in a research report on Wednesday, January 17th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $56.88.
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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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