Tractor Supply (NASDAQ:TSCO) Director Edna Morris sold 5,000 shares of Tractor Supply stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $144.46, for a total value of $722,300.00. Following the completion of the sale, the director now directly owns 4,676 shares of the company’s stock, valued at $675,494.96. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Shares of Tractor Supply stock opened at $142.74 on Friday. The firm has a market cap of $16.51 billion, a price-to-earnings ratio of 24.44, a price-to-earnings-growth ratio of 1.84 and a beta of 1.03. The stock’s 50-day moving average is $134.23 and its 200-day moving average is $105.95. Tractor Supply has a one year low of $63.89 and a one year high of $154.48. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.40 and a quick ratio of 0.62.

Tractor Supply (NASDAQ:TSCO) last issued its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $2.90 EPS for the quarter, beating analysts’ consensus estimates of $2.62 by $0.28. The company had revenue of $3.18 billion for the quarter, compared to analyst estimates of $3.01 billion. Tractor Supply had a return on equity of 45.25% and a net margin of 7.40%. The company’s quarterly revenue was up 34.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.80 earnings per share. On average, equities analysts expect that Tractor Supply will post 6.18 EPS for the current year.

Institutional investors have recently modified their holdings of the company. Caisse DE Depot ET Placement DU Quebec raised its holdings in Tractor Supply by 25,080.8% during the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 3,475,201 shares of the specialty retailer’s stock worth $293,828,000 after acquiring an additional 3,461,400 shares in the last quarter. Waddell & Reed Financial Inc. raised its holdings in Tractor Supply by 100.4% during the first quarter. Waddell & Reed Financial Inc. now owns 3,493,123 shares of the specialty retailer’s stock worth $295,344,000 after acquiring an additional 1,750,004 shares in the last quarter. Norges Bank bought a new stake in Tractor Supply during the fourth quarter worth about $113,249,000. Veritas Investment Management LLP bought a new stake in Tractor Supply during the first quarter worth about $46,581,000. Finally, Pendal Group Ltd raised its holdings in Tractor Supply by 47.0% during the first quarter. Pendal Group Ltd now owns 1,332,165 shares of the specialty retailer’s stock worth $112,635,000 after acquiring an additional 425,641 shares in the last quarter. Institutional investors own 84.57% of the company’s stock.

Several equities research analysts have recently commented on the company. Stephens lifted their target price on Tractor Supply from $135.00 to $155.00 and gave the company an “overweight” rating in a research note on Monday, July 20th. Northcoast Research cut Tractor Supply from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 19th. JPMorgan Chase & Co. lifted their price objective on Tractor Supply from $101.00 to $108.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 27th. Loop Capital lifted their price objective on Tractor Supply from $120.00 to $150.00 in a research note on Friday, July 24th. Finally, Nomura lifted their price objective on Tractor Supply from $95.00 to $110.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 27th. Seventeen investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Tractor Supply has an average rating of “Hold” and an average target price of $131.31.

About Tractor Supply

Tractor Supply Company operates rural lifestyle retail stores in the United States. The company offers a selection of merchandise, including equine, livestock, pet, and small animal products necessary for their health, care, growth, and containment; hardware, truck, towing, and tool products; seasonal products, such as heating products, lawn and garden items, power equipment, gifts, and toys; work/recreational clothing and footwear; and maintenance products for agricultural and rural use.

Read More: Example of operating income, EBIT and EBITDA

Insider Buying and Selling by Quarter for Tractor Supply (NASDAQ:TSCO)

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