Insider Selling: At Home Group Inc (HOME) CEO Sells 30,435 Shares of Stock

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At Home Group Inc (NYSE:HOME) CEO Lewis L. Bird III sold 30,435 shares of the company’s stock in a transaction on Wednesday, September 5th. The shares were sold at an average price of $35.36, for a total value of $1,076,181.60. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

NYSE:HOME traded down $1.56 during trading hours on Thursday, hitting $34.00. 939,500 shares of the company’s stock traded hands, compared to its average volume of 673,061. The firm has a market capitalization of $2.18 billion, a price-to-earnings ratio of 46.58, a PEG ratio of 1.74 and a beta of 0.97. At Home Group Inc has a twelve month low of $20.07 and a twelve month high of $40.97. The company has a current ratio of 0.89, a quick ratio of 0.09 and a debt-to-equity ratio of 0.48.

At Home Group (NYSE:HOME) last posted its quarterly earnings results on Wednesday, August 29th. The financial services provider reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.01. The firm had revenue of $288.50 million for the quarter, compared to analyst estimates of $286.50 million. At Home Group had a return on equity of 6.26% and a net margin of 1.95%. At Home Group’s quarterly revenue was up 24.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.18 earnings per share. equities analysts forecast that At Home Group Inc will post 0.79 earnings per share for the current year.

Large investors have recently bought and sold shares of the stock. US Bancorp DE increased its position in At Home Group by 116.1% in the 2nd quarter. US Bancorp DE now owns 3,015 shares of the financial services provider’s stock worth $118,000 after purchasing an additional 1,620 shares during the last quarter. Metropolitan Life Insurance Co. NY increased its position in At Home Group by 29.2% in the 2nd quarter. Metropolitan Life Insurance Co. NY now owns 8,763 shares of the financial services provider’s stock worth $343,000 after purchasing an additional 1,980 shares during the last quarter. Syntal Capital Partners LLC increased its position in At Home Group by 22.2% in the 1st quarter. Syntal Capital Partners LLC now owns 11,000 shares of the financial services provider’s stock worth $352,000 after purchasing an additional 2,000 shares during the last quarter. Engineers Gate Manager LP increased its position in At Home Group by 15.7% in the 2nd quarter. Engineers Gate Manager LP now owns 15,355 shares of the financial services provider’s stock worth $601,000 after purchasing an additional 2,086 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position in At Home Group by 18.4% in the 1st quarter. Wells Fargo & Company MN now owns 14,974 shares of the financial services provider’s stock worth $480,000 after purchasing an additional 2,325 shares during the last quarter. 62.06% of the stock is currently owned by hedge funds and other institutional investors.

Several brokerages have recently commented on HOME. Zacks Investment Research downgraded At Home Group from a “hold” rating to a “strong sell” rating in a report on Wednesday. TheStreet downgraded At Home Group from a “b-” rating to a “c+” rating in a report on Tuesday. Jefferies Financial Group set a $47.00 target price on At Home Group and gave the company a “buy” rating in a report on Thursday, August 30th. ValuEngine downgraded At Home Group from a “strong-buy” rating to a “buy” rating in a report on Thursday, June 21st. Finally, Bank of America upped their target price on At Home Group from $37.00 to $43.00 and gave the company a “buy” rating in a report on Friday, June 8th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $42.44.

About At Home Group

At Home Group Inc operates home decor superstores in the United States. The company's stores offer approximately 50,000 items, such as accent furniture, mirrors, patio cushions, rugs and wall arts, artificial flowers and trees, bedding and bath products, candles, garden and outdoor décor, holiday accessories, home organization, pillows, pottery, vases, and window treatments.

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Insider Buying and Selling by Quarter for At Home Group (NYSE:HOME)

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