Shutterfly, Inc. (NASDAQ:SFLY) insider Lisa Blackwood-Kapral sold 992 shares of the stock in a transaction on Friday, March 9th. The shares were sold at an average price of $84.37, for a total value of $83,695.04. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Lisa Blackwood-Kapral also recently made the following trade(s):
- On Wednesday, February 21st, Lisa Blackwood-Kapral sold 5,450 shares of Shutterfly stock. The shares were sold at an average price of $75.51, for a total value of $411,529.50.
- On Thursday, February 15th, Lisa Blackwood-Kapral sold 633 shares of Shutterfly stock. The shares were sold at an average price of $74.34, for a total value of $47,057.22.
- On Tuesday, January 2nd, Lisa Blackwood-Kapral sold 284 shares of Shutterfly stock. The shares were sold at an average price of $50.00, for a total value of $14,200.00.
Shutterfly, Inc. (NASDAQ:SFLY) opened at $84.92 on Tuesday. Shutterfly, Inc. has a twelve month low of $39.76 and a twelve month high of $86.31. The company has a market capitalization of $2,760.00, a price-to-earnings ratio of 217.74 and a beta of 0.93. The company has a quick ratio of 1.38, a current ratio of 1.40 and a debt-to-equity ratio of 0.53.
Shutterfly declared that its Board of Directors has approved a share buyback program on Tuesday, January 30th that authorizes the company to repurchase outstanding shares. This repurchase authorization authorizes the technology company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company’s board believes its shares are undervalued.
A number of institutional investors have recently made changes to their positions in SFLY. Bamco Inc. NY bought a new position in Shutterfly in the 3rd quarter worth $36,360,000. Wells Fargo & Company MN raised its holdings in Shutterfly by 430.8% in the 4th quarter. Wells Fargo & Company MN now owns 395,028 shares of the technology company’s stock worth $19,653,000 after purchasing an additional 320,604 shares during the period. Fine Capital Partners L.P. raised its holdings in Shutterfly by 19.8% in the 3rd quarter. Fine Capital Partners L.P. now owns 1,646,060 shares of the technology company’s stock worth $79,801,000 after purchasing an additional 272,200 shares during the period. Landscape Capital Management L.L.C. bought a new position in Shutterfly in the 4th quarter worth $9,788,000. Finally, Prudential Financial Inc. raised its holdings in Shutterfly by 271.4% in the 3rd quarter. Prudential Financial Inc. now owns 236,281 shares of the technology company’s stock worth $11,455,000 after purchasing an additional 172,660 shares during the period.
Several equities analysts have recently weighed in on the company. BidaskClub raised Shutterfly from a “buy” rating to a “strong-buy” rating in a report on Tuesday, March 6th. Aegis reissued a “buy” rating and set a $73.00 price target on shares of Shutterfly in a report on Sunday, February 4th. Goldman Sachs Group cut Shutterfly from a “neutral” rating to a “sell” rating and set a $46.00 price target on the stock. in a report on Wednesday, January 17th. SunTrust Banks increased their price target on Shutterfly to $60.00 and gave the company a “buy” rating in a report on Friday, January 12th. Finally, ValuEngine raised Shutterfly from a “sell” rating to a “hold” rating in a report on Friday, December 29th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $56.88.
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Shutterfly Company Profile
Shutterfly, Inc is an online manufacturer and retailer of personalized products and services. The Company focuses on helping consumers manage their memories through the medium of photography. The Company’s segments are Consumer and Shutterfly Business Solutions (SBS). The Consumer segment offers photo-based products, such as photo books, stationery and greeting cards, other photo-based merchandise, photo prints and statement gifts.
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