News articles about Stamps.com (NASDAQ:STMP) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Stamps.com earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned media coverage about the software maker an impact score of 46.075175973565 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the news headlines that may have effected Accern Sentiment’s scoring:

STMP has been the topic of a number of analyst reports. Zacks Investment Research raised Stamps.com from a “hold” rating to a “strong-buy” rating and set a $222.00 price target on the stock in a research note on Tuesday, August 29th. ValuEngine downgraded Stamps.com from a “buy” rating to a “hold” rating in a research note on Monday, November 20th. Roth Capital increased their price target on Stamps.com from $203.00 to $245.00 and gave the company a “buy” rating in a research note on Monday, October 30th. B. Riley reissued a “buy” rating and issued a $250.00 price target on shares of Stamps.com in a research note on Friday, December 1st. Finally, Northland Securities reissued a “buy” rating and issued a $250.00 price target on shares of Stamps.com in a research note on Thursday, October 12th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $217.71.

Stamps.com (NASDAQ:STMP) traded up $0.40 on Wednesday, hitting $184.45. 203,054 shares of the company were exchanged, compared to its average volume of 456,007. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.80 and a current ratio of 2.80. Stamps.com has a 1-year low of $100.55 and a 1-year high of $233.13. The company has a market cap of $3,220.00, a PE ratio of 23.16, a P/E/G ratio of 1.66 and a beta of -0.06.

Stamps.com announced that its board has approved a share buyback plan on Thursday, November 2nd that permits the company to repurchase $90.00 million in shares. This repurchase authorization permits the software maker to buy shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

In related news, insider Amine Khechfe sold 1,200 shares of the company’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $167.40, for a total value of $200,880.00. Following the completion of the sale, the insider now owns 1,442 shares in the company, valued at approximately $241,390.80. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Kenneth Thomas Mcbride sold 142,133 shares of the company’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $180.02, for a total transaction of $25,586,782.66. Following the completion of the sale, the chief executive officer now owns 73,599 shares of the company’s stock, valued at approximately $13,249,291.98. The disclosure for this sale can be found here. In the last 90 days, insiders sold 306,012 shares of company stock valued at $61,429,403. 11.08% of the stock is owned by corporate insiders.

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Stamps.com Company Profile

Stamps.com Inc is a provider of Internet-based mailing and shipping solutions in the United States. The Company offers mailing and shipping products and services to its customers under the Stamps.com, Endicia, ShipStation, ShipWorks and ShippingEasy brands. It operates through the Internet Mailing and Shipping Services segment.

Insider Buying and Selling by Quarter for Stamps.com (NASDAQ:STMP)

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