Stamps.com Inc. (NASDAQ:STMP) CMO Sebastian Buerba sold 2,499 shares of the company’s stock in a transaction on Tuesday, September 4th. The stock was sold at an average price of $249.71, for a total transaction of $624,025.29. Following the completion of the sale, the chief marketing officer now owns 719 shares of the company’s stock, valued at approximately $179,541.49. The transaction was disclosed in a filing with the SEC, which is available through this link.
Sebastian Buerba also recently made the following trade(s):
- On Wednesday, August 1st, Sebastian Buerba sold 2,501 shares of Stamps.com stock. The stock was sold at an average price of $259.75, for a total transaction of $649,634.75.
- On Monday, July 2nd, Sebastian Buerba sold 2,499 shares of Stamps.com stock. The stock was sold at an average price of $252.80, for a total transaction of $631,747.20.
- On Monday, June 11th, Sebastian Buerba sold 17,777 shares of Stamps.com stock. The stock was sold at an average price of $266.77, for a total transaction of $4,742,370.29.
STMP traded down $10.30 during trading on Thursday, hitting $242.05. 223,200 shares of the company traded hands, compared to its average volume of 329,272. The firm has a market cap of $4.51 billion, a P/E ratio of 24.57, a PEG ratio of 1.83 and a beta of -0.02. The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.38 and a current ratio of 3.38. Stamps.com Inc. has a one year low of $160.00 and a one year high of $285.74.
Stamps.com (NASDAQ:STMP) last posted its quarterly earnings results on Wednesday, August 1st. The software maker reported $2.75 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.17 by $0.58. The company had revenue of $139.63 million during the quarter, compared to analyst estimates of $133.49 million. Stamps.com had a net margin of 34.37% and a return on equity of 39.85%. The firm’s revenue for the quarter was up 20.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.08 earnings per share. equities research analysts predict that Stamps.com Inc. will post 9.07 earnings per share for the current fiscal year.
Several analysts have recently issued reports on the stock. Maxim Group set a $320.00 target price on shares of Stamps.com and gave the stock a “buy” rating in a research note on Friday, July 27th. ValuEngine upgraded shares of Stamps.com from a “hold” rating to a “buy” rating in a research note on Tuesday. BidaskClub lowered shares of Stamps.com from a “buy” rating to a “hold” rating in a research note on Thursday, August 16th. Roth Capital upped their target price on shares of Stamps.com from $255.00 to $305.00 and gave the stock a “buy” rating in a research note on Thursday, July 26th. Finally, Singular Research reiterated a “buy” rating and issued a $93.00 target price on shares of Stamps.com in a research note on Tuesday, June 19th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Stamps.com has a consensus rating of “Buy” and an average target price of $252.00.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Signaturefd LLC bought a new position in Stamps.com during the first quarter valued at about $105,000. Sei Investments Co. grew its position in Stamps.com by 196.5% during the first quarter. Sei Investments Co. now owns 590 shares of the software maker’s stock valued at $119,000 after buying an additional 391 shares during the period. Russell Investments Group Ltd. bought a new position in Stamps.com during the first quarter valued at about $123,000. NewSquare Capital LLC bought a new position in Stamps.com during the second quarter valued at about $185,000. Finally, BRYN MAWR TRUST Co bought a new position in Stamps.com during the second quarter valued at about $202,000. Institutional investors own 92.86% of the company’s stock.
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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