Stephens Inc. AR raised its holdings in Stamps.com Inc. (NASDAQ:STMP) by 155.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 220 shares of the software maker’s stock after buying an additional 134 shares during the period. Stephens Inc. AR’s holdings in Stamps.com were worth $34,000 as of its most recent SEC filing.
Other institutional investors have also bought and sold shares of the company. Pearl River Capital LLC acquired a new stake in Stamps.com in the fourth quarter valued at $27,000. Tower Research Capital LLC TRC grew its holdings in shares of Stamps.com by 6,925.0% during the third quarter. Tower Research Capital LLC TRC now owns 562 shares of the software maker’s stock worth $127,000 after purchasing an additional 554 shares during the last quarter. Quantbot Technologies LP purchased a new position in shares of Stamps.com during the third quarter worth about $167,000. Rafferty Asset Management LLC purchased a new position in shares of Stamps.com during the third quarter worth about $295,000. Finally, Mutual Advisors LLC purchased a new position in shares of Stamps.com during the third quarter worth about $296,000. Institutional investors own 96.50% of the company’s stock.
Shares of NASDAQ STMP traded up $0.08 during midday trading on Friday, reaching $87.26. 3,562 shares of the company were exchanged, compared to its average volume of 1,012,590. The company has a quick ratio of 1.50, a current ratio of 1.52 and a debt-to-equity ratio of 0.08. Stamps.com Inc. has a 1 year low of $82.40 and a 1 year high of $285.74. The firm has a market cap of $1.58 billion, a P/E ratio of 8.86, a P/E/G ratio of 1.51 and a beta of 0.40.
In related news, insider Amine Khechfe sold 1,200 shares of the firm’s stock in a transaction dated Friday, February 1st. The stock was sold at an average price of $185.15, for a total transaction of $222,180.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Mohan P. Ananda sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $93.32, for a total value of $93,320.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 14,600 shares of company stock worth $2,738,440. Corporate insiders own 6.17% of the company’s stock.
Several brokerages have issued reports on STMP. TheStreet lowered Stamps.com from a “b-” rating to a “c+” rating in a report on Monday. Zacks Investment Research raised Stamps.com from a “hold” rating to a “buy” rating and set a $213.00 price objective on the stock in a report on Tuesday, February 12th. ValuEngine raised Stamps.com from a “sell” rating to a “hold” rating in a report on Monday, January 7th. BidaskClub lowered Stamps.com from a “hold” rating to a “sell” rating in a report on Tuesday. Finally, Roth Capital lowered Stamps.com from a “buy” rating to a “sell” rating and set a $78.00 price objective on the stock. in a report on Friday, February 22nd. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $159.83.
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Stamps.com Inc provides Internet-based mailing and shipping solutions in the United States. The company offers mailing and shipping solutions to mail and ship various mail pieces and packages through the United States Postal Service (USPS) under the Stamps.com and Endicia brands. Its solutions support various USPS mail classes, including First Class Mail, Priority Mail, Priority Mail Express, Media Mail, Parcel Select, and others.
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