Vera Bradley, Inc. (NASDAQ:VRA) insider Bradley Baekgaard Fami Barbara sold 2,276 shares of Vera Bradley stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $10.71, for a total value of $24,375.96. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
VRA traded up $0.09 during trading on Friday, reaching $10.09. 217,800 shares of the stock traded hands, compared to its average volume of 220,210. The stock has a market cap of $370.54 million, a price-to-earnings ratio of 17.10 and a beta of 0.83. Vera Bradley, Inc. has a fifty-two week low of $7.94 and a fifty-two week high of $17.38. The company has a debt-to-equity ratio of 0.41, a current ratio of 4.15 and a quick ratio of 2.53. The stock’s 50-day simple moving average is $11.28 and its two-hundred day simple moving average is $11.34.
Vera Bradley (NASDAQ:VRA) last released its quarterly earnings data on Wednesday, June 5th. The textile maker reported ($0.07) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.07). The firm had revenue of $91.00 million during the quarter, compared to analysts’ expectations of $87.95 million. Vera Bradley had a return on equity of 6.76% and a net margin of 4.69%. The business’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter last year, the firm earned ($0.04) earnings per share. Research analysts anticipate that Vera Bradley, Inc. will post 0.7 earnings per share for the current fiscal year.
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Oppenheimer Asset Management Inc. lifted its position in shares of Vera Bradley by 9.2% in the first quarter. Oppenheimer Asset Management Inc. now owns 10,552 shares of the textile maker’s stock worth $140,000 after buying an additional 892 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Vera Bradley by 3.3% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 281,456 shares of the textile maker’s stock worth $3,729,000 after buying an additional 8,900 shares during the last quarter. MetLife Investment Advisors LLC acquired a new stake in shares of Vera Bradley in the first quarter worth about $139,000. Menta Capital LLC bought a new position in shares of Vera Bradley in the first quarter worth about $272,000. Finally, Spark Investment Management LLC increased its stake in shares of Vera Bradley by 3.4% in the first quarter. Spark Investment Management LLC now owns 330,329 shares of the textile maker’s stock worth $4,376,000 after purchasing an additional 11,014 shares during the period. 66.45% of the stock is owned by hedge funds and other institutional investors.
Vera Bradley Company Profile
Vera Bradley, Inc, together with its subsidiaries, designs, manufactures, and sells women's handbags, luggage and travel items, fashion and home accessories, and gifts. It operates through two segments, Direct and Indirect. The company offers totes, crossbodies, satchels, clutches, backpacks, baby bags, and lunch bags; accessories, including wallets, wristlets, eyeglass cases, scarves, and various technology accessories; and travel products, such as rolling luggage, cosmetics, and travel and packing accessories, as well as travel bags comprising duffel and weekend bags.
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