Ascena Retail Group Inc (NASDAQ:ASNA) Director Krill Katherine Lawther sold 195,600 shares of Ascena Retail Group stock in a transaction that occurred on Wednesday, December 27th. The stock was sold at an average price of $2.45, for a total value of $479,220.00. Following the sale, the director now directly owns 108,957 shares of the company’s stock, valued at $266,944.65. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Krill Katherine Lawther also recently made the following trade(s):
- On Friday, December 28th, Krill Katherine Lawther sold 19,400 shares of Ascena Retail Group stock. The stock was sold at an average price of $2.33, for a total value of $45,202.00.
Ascena Retail Group Inc (NASDAQ ASNA) opened at $2.09 on Friday. The firm has a market capitalization of $401.88, a price-to-earnings ratio of -0.38 and a beta of 1.96. The company has a quick ratio of 0.55, a current ratio of 1.36 and a debt-to-equity ratio of 2.24. Ascena Retail Group Inc has a fifty-two week low of $1.65 and a fifty-two week high of $5.94.
Ascena Retail Group (NASDAQ:ASNA) last posted its quarterly earnings results on Monday, December 4th. The specialty retailer reported $0.11 EPS for the quarter, hitting analysts’ consensus estimates of $0.11. Ascena Retail Group had a positive return on equity of 2.50% and a negative net margin of 16.39%. The company had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.58 billion. During the same quarter in the previous year, the firm earned $0.18 EPS. Ascena Retail Group’s revenue was down 5.3% on a year-over-year basis. equities research analysts anticipate that Ascena Retail Group Inc will post 0.15 earnings per share for the current fiscal year.
Institutional investors have recently bought and sold shares of the company. Boothbay Fund Management LLC acquired a new position in shares of Ascena Retail Group during the 3rd quarter worth $133,000. Virtu KCG Holdings LLC raised its holdings in shares of Ascena Retail Group by 47.8% during the 2nd quarter. Virtu KCG Holdings LLC now owns 67,465 shares of the specialty retailer’s stock worth $145,000 after buying an additional 21,823 shares in the last quarter. M&T Bank Corp raised its holdings in shares of Ascena Retail Group by 2.3% during the 2nd quarter. M&T Bank Corp now owns 78,184 shares of the specialty retailer’s stock worth $168,000 after buying an additional 1,739 shares in the last quarter. Crossmark Global Holdings Inc. acquired a new position in shares of Ascena Retail Group during the 3rd quarter worth $172,000. Finally, Stevens Capital Management LP raised its holdings in shares of Ascena Retail Group by 230.3% during the 3rd quarter. Stevens Capital Management LP now owns 76,907 shares of the specialty retailer’s stock worth $188,000 after buying an additional 53,622 shares in the last quarter. 94.92% of the stock is owned by institutional investors.
Several analysts recently weighed in on ASNA shares. BidaskClub raised Ascena Retail Group from a “hold” rating to a “buy” rating in a report on Saturday, December 2nd. FBR & Co set a $3.00 price target on Ascena Retail Group and gave the stock a “hold” rating in a report on Tuesday, October 17th. KeyCorp reissued a “hold” rating on shares of Ascena Retail Group in a report on Wednesday, October 11th. Royal Bank of Canada set a $3.00 price target on Ascena Retail Group and gave the stock a “hold” rating in a report on Saturday, October 7th. Finally, ValuEngine cut Ascena Retail Group from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th. Two equities research analysts have rated the stock with a sell rating and ten have issued a hold rating to the company. The company has an average rating of “Hold” and an average target price of $2.75.
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About Ascena Retail Group
Ascena Retail Group, Inc is a specialty retailer of apparel for women and tween girls. The Company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. The ANN segment offers feminine classics and fashion choices, sold primarily under the Ann Taylor and LOFT brands.
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