Blue Apron Holdings Inc (NYSE:APRN) insider Ilia M. Papas sold 133,334 shares of the company’s stock in a transaction that occurred on Tuesday, January 8th. The stock was sold at an average price of $0.91, for a total transaction of $121,333.94. Following the sale, the insider now directly owns 203,024 shares in the company, valued at $184,751.84. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Shares of Blue Apron stock opened at $1.05 on Friday. Blue Apron Holdings Inc has a 12-month low of $0.65 and a 12-month high of $4.20. The company has a quick ratio of 1.38, a current ratio of 1.65 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $199.56 million, a PE ratio of -0.64 and a beta of 0.04.
Blue Apron (NYSE:APRN) last issued its earnings results on Tuesday, November 13th. The company reported ($0.18) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.22) by $0.04. Blue Apron had a negative net margin of 19.25% and a negative return on equity of 75.39%. The business had revenue of $150.62 million during the quarter, compared to analysts’ expectations of $157.20 million. During the same quarter in the prior year, the business posted ($0.47) EPS. The company’s revenue for the quarter was down 28.5% on a year-over-year basis. As a group, research analysts expect that Blue Apron Holdings Inc will post -0.68 earnings per share for the current year.
Several institutional investors have recently modified their holdings of APRN. SG Americas Securities LLC acquired a new stake in Blue Apron during the 3rd quarter worth $208,000. Raymond James Trust N.A. boosted its stake in Blue Apron by 216.9% during the 3rd quarter. Raymond James Trust N.A. now owns 150,451 shares of the company’s stock worth $259,000 after purchasing an additional 102,982 shares during the period. Northern Trust Corp boosted its stake in Blue Apron by 55.8% during the 2nd quarter. Northern Trust Corp now owns 85,533 shares of the company’s stock worth $287,000 after purchasing an additional 30,625 shares during the period. Blair William & Co. IL boosted its stake in Blue Apron by 7.7% during the 3rd quarter. Blair William & Co. IL now owns 1,162,095 shares of the company’s stock worth $1,999,000 after purchasing an additional 82,900 shares during the period. Finally, Baillie Gifford & Co. acquired a new stake in Blue Apron during the 3rd quarter worth $2,259,000. Institutional investors and hedge funds own 10.72% of the company’s stock.
TRADEMARK VIOLATION WARNING: “Blue Apron Holdings Inc (APRN) Insider Ilia M. Papas Sells 133,334 Shares of Stock” was first reported by Markets Daily and is the property of of Markets Daily. If you are accessing this piece on another website, it was illegally copied and reposted in violation of United States & international copyright & trademark law. The original version of this piece can be accessed at https://www.themarketsdaily.com/2019/01/11/blue-apron-holdings-inc-aprn-insider-ilia-m-papas-sells-133334-shares-of-stock.html.
Blue Apron Company Profile
Blue Apron Holdings, Inc engages in making home cooking accessible. It involves in demand planning, recipe creation, recipe merchandising, and marketing. Its products include meals and wine. The company was founded by Matthew J. Wadiak, Ilia M. Papas, and Matthew B. Salzberg in 2012 and is headquartered in New York, NY.
Recommended Story: Using the New Google Finance Tool
Receive News & Ratings for Blue Apron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blue Apron and related companies with MarketBeat.com's FREE daily email newsletter.