YETI Holdings, Inc. (NYSE:YETI) CEO Matthew J. Reintjes Sells 25,000 Shares of Stock

YETI Holdings, Inc. (NYSE:YETI) CEO Matthew J. Reintjes sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, October 11th. The stock was sold at an average price of $84.80, for a total value of $2,120,000.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

YETI stock opened at $85.42 on Thursday. The company has a quick ratio of 1.12, a current ratio of 1.85 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $7.47 billion, a PE ratio of 37.63, a PEG ratio of 2.46 and a beta of 2.62. YETI Holdings, Inc. has a twelve month low of $47.66 and a twelve month high of $105.62. The stock has a 50-day simple moving average of $96.21 and a two-hundred day simple moving average of $90.91.

YETI (NYSE:YETI) last announced its quarterly earnings data on Thursday, August 5th. The company reported $0.68 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.54 by $0.14. The firm had revenue of $357.67 million during the quarter, compared to the consensus estimate of $330.76 million. YETI had a return on equity of 66.59% and a net margin of 15.73%. On average, equities research analysts anticipate that YETI Holdings, Inc. will post 2.34 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Credit Agricole S A bought a new stake in shares of YETI in the 2nd quarter valued at approximately $32,000. Exchange Traded Concepts LLC acquired a new stake in YETI during the 2nd quarter worth about $41,000. Huntington National Bank lifted its holdings in shares of YETI by 186.8% in the 2nd quarter. Huntington National Bank now owns 499 shares of the company’s stock valued at $46,000 after buying an additional 325 shares during the period. Optimum Investment Advisors acquired a new position in shares of YETI in the 2nd quarter valued at about $46,000. Finally, Jacobi Capital Management LLC raised its holdings in YETI by 109.3% in the 2nd quarter. Jacobi Capital Management LLC now owns 628 shares of the company’s stock worth $58,000 after purchasing an additional 328 shares during the period. Institutional investors and hedge funds own 94.29% of the company’s stock.

YETI has been the topic of a number of research reports. Raymond James upped their price target on YETI from $90.00 to $111.00 and gave the stock an “outperform” rating in a research note on Friday, August 6th. TheStreet raised YETI from a “c” rating to a “b-” rating in a report on Tuesday, July 6th. KeyCorp raised their price target on YETI from $94.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, August 9th. Citigroup lifted their price target on shares of YETI from $106.00 to $121.00 and gave the company a “buy” rating in a research report on Friday, August 6th. Finally, Robert W. Baird raised their price objective on shares of YETI from $100.00 to $110.00 and gave the stock an “outperform” rating in a research note on Monday, August 2nd. They noted that the move was a valuation call. Five investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, YETI currently has an average rating of “Buy” and a consensus price target of $106.16.

YETI Company Profile

YETI Holdings, Inc engages in the design, marketing, and distribution of products for the outdoor and recreation market. Its products include coolers, drinkware, travel bags, backpacks, multipurpose buckets, outdoor chairs, blankets, dog bowls, apparel, and accessories. The company was founded by Roy J.

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Insider Buying and Selling by Quarter for YETI (NYSE:YETI)

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