Shutterfly, Inc. (NASDAQ:SFLY) Director Thomas David Hughes sold 436 shares of Shutterfly stock in a transaction on Monday, November 14th. The shares were sold at an average price of $49.66, for a total transaction of $21,651.76. Following the completion of the transaction, the director now owns 7,816 shares in the company, valued at approximately $388,142.56. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Thomas David Hughes also recently made the following trade(s):

  • On Friday, February 2nd, Thomas David Hughes sold 2,192 shares of Shutterfly stock. The shares were sold at an average price of $69.32, for a total transaction of $151,949.44.

Shares of Shutterfly, Inc. (NASDAQ SFLY) traded down $1.60 during mid-day trading on Friday, reaching $69.20. 1,291,354 shares of the company’s stock were exchanged, compared to its average volume of 1,810,423. Shutterfly, Inc. has a 52-week low of $39.76 and a 52-week high of $74.92. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.40 and a quick ratio of 1.38. The firm has a market cap of $2,286.63, a price-to-earnings ratio of 74.41 and a beta of 1.11.

Shutterfly (NASDAQ:SFLY) last issued its quarterly earnings data on Tuesday, January 30th. The technology company reported $3.11 EPS for the quarter, topping analysts’ consensus estimates of $2.86 by $0.25. Shutterfly had a net margin of 2.53% and a return on equity of 6.99%. The firm had revenue of $593.80 million for the quarter, compared to analyst estimates of $556.40 million. During the same quarter in the previous year, the business posted $2.63 EPS. The firm’s revenue was up 5.8% compared to the same quarter last year. research analysts predict that Shutterfly, Inc. will post 2.09 EPS for the current fiscal year.

Shutterfly declared that its Board of Directors has approved a share repurchase program on Tuesday, January 30th that permits the company to repurchase outstanding shares. This repurchase authorization permits the technology company to buy shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

A number of hedge funds have recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in Shutterfly by 2.3% in the 2nd quarter. Vanguard Group Inc. now owns 2,903,180 shares of the technology company’s stock worth $137,902,000 after buying an additional 64,361 shares in the last quarter. EastBay Asset Management LLC lifted its holdings in Shutterfly by 0.6% in the 2nd quarter. EastBay Asset Management LLC now owns 2,130,159 shares of the technology company’s stock worth $101,182,000 after buying an additional 12,470 shares in the last quarter. Fine Capital Partners L.P. lifted its holdings in Shutterfly by 19.8% in the 3rd quarter. Fine Capital Partners L.P. now owns 1,646,060 shares of the technology company’s stock worth $79,801,000 after buying an additional 272,200 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Shutterfly by 0.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,248,187 shares of the technology company’s stock worth $60,512,000 after buying an additional 3,360 shares in the last quarter. Finally, State Street Corp lifted its holdings in Shutterfly by 4.0% in the 2nd quarter. State Street Corp now owns 979,974 shares of the technology company’s stock worth $46,554,000 after buying an additional 37,889 shares in the last quarter.

Several equities analysts recently weighed in on SFLY shares. Aegis restated a “buy” rating and set a $57.00 target price on shares of Shutterfly in a report on Wednesday, December 27th. Zacks Investment Research upgraded shares of Shutterfly from a “sell” rating to a “hold” rating in a report on Thursday, October 26th. Goldman Sachs Group lowered shares of Shutterfly from a “neutral” rating to a “sell” rating and set a $46.00 target price on the stock. in a report on Wednesday, January 17th. SunTrust Banks lifted their target price on shares of Shutterfly to $60.00 and gave the company a “buy” rating in a report on Friday, January 12th. Finally, BidaskClub upgraded shares of Shutterfly from a “hold” rating to a “buy” rating in a report on Saturday, February 3rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $56.88.

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About Shutterfly

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.

Insider Buying and Selling by Quarter for Shutterfly (NASDAQ:SFLY)

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