Shares of the company are trading at $12.95 just above the 50 day moving average which is $12.34 and a great deal lower than the 200 day moving average of $15.49. The 50 day moving average was up $0.61 whereas the 200 day average was down by -16.42%. Lands’ End, Inc. shares had a trading volume of 837 on Tuesday. Trading volume was down 98.91% under the stocks average daily volume.
Short traders are more bullish on shares of the company if you put credence in the fall in short interest. The firm experienced a fall in short interest from September 15, 2017 to September 29, 2017 of -8.05%. Short interest fell 187,844 over that period. Days to cover decreased from 8.0 to 7.0 and the percentage of shorted shares was 0.07% on September 29.
Lands’ End, Inc. (NASDAQ:LE) has been the object of insider buying activity recently. Jonah Staw, Director reported the purchase of 760 shares. The shares were purchased at an average price of $13.09. The Director now owns $65,581 of the stock according to the SEC filing.
Here are a few substantial investment firms who have updated their positions. As of quarter end Jane Street Group, LLC had disposed of a total of 27,843 shares trimming its holdings by 58.7%. The value of the investment in (LE) decreased from $1,017,000 to $292,000 a change of 71.3% for the reporting period. As of the end of the quarter Janus Capital Management LLC had bought 33,925 shares growing its stake by 0.9%. The value in dollars went from $57,000,000 to $81,431,000 increasing 42.9% quarter to quarter.
As of quarter end Cutler Group LP had acquired a total of 1,659 shares growing its position 94.9%. The value of the investment in Lands’ End, Inc. increased from $26,000 to $44,000 a change of $18,000 since the last quarter. As of quarter end Bank Of Montreal /can/ had bought 551 shares growing its stake by 2,900.0%. The value of the company’s investment in Lands’ End, Inc. increased from $0 to $8,000 increasing inf% quarter over quarter.
In the latest earnings report the EPS was $-3.56 and is expected to be $0.15 for the current year with 32,095,000 shares presently outstanding. Next quarter’s EPS is forecasted to be $0.55 with next year’s EPS anticipated to be $0.32.
Lands’ End, Inc. (Lands’ End), launched on August 19, 1986, is a multi-channel retailer of casual clothing, accessories and footwear, as well as home products. The Company operates through two segments: Direct and Retail. The Company offers products through catalogs, online at www.landsend.com..