Shutterfly, Inc. (SFLY) Insider Sells $83,695.04 in Stock

Shutterfly, Inc. (NASDAQ:SFLY) insider Lisa Blackwood-Kapral sold 992 shares of Shutterfly stock in a transaction on Friday, March 9th. The stock was sold at an average price of $84.37, for a total transaction of $83,695.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Lisa Blackwood-Kapral also recently made the following trade(s):

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  • On Wednesday, February 21st, Lisa Blackwood-Kapral sold 5,450 shares of Shutterfly stock. The stock was sold at an average price of $75.51, for a total transaction of $411,529.50.
  • On Thursday, February 15th, Lisa Blackwood-Kapral sold 633 shares of Shutterfly stock. The stock was sold at an average price of $74.34, for a total transaction of $47,057.22.
  • On Tuesday, January 2nd, Lisa Blackwood-Kapral sold 284 shares of Shutterfly stock. The stock was sold at an average price of $50.00, for a total transaction of $14,200.00.

Shares of SFLY stock traded down $0.30 during mid-day trading on Friday, reaching $80.03. The stock had a trading volume of 710,513 shares, compared to its average volume of 1,130,459. Shutterfly, Inc. has a 52-week low of $39.76 and a 52-week high of $86.41. The stock has a market capitalization of $2,582.82, a price-to-earnings ratio of 76.22 and a beta of 0.88. The company has a current ratio of 1.40, a quick ratio of 1.38 and a debt-to-equity ratio of 0.53.

Shutterfly (NASDAQ:SFLY) last released its quarterly earnings data on Tuesday, January 30th. The technology company reported $3.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.86 by $0.25. Shutterfly had a net margin of 2.53% and a return on equity of 6.99%. The firm had revenue of $593.80 million for the quarter, compared to analysts’ expectations of $556.40 million. During the same quarter in the previous year, the company earned $2.63 earnings per share. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. equities analysts predict that Shutterfly, Inc. will post 2.09 EPS for the current year.

Shutterfly declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, January 30th that authorizes the company to buyback outstanding shares. This buyback authorization authorizes the technology company to reacquire shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio increased its position in shares of Shutterfly by 2.2% during the second quarter. Public Employees Retirement System of Ohio now owns 10,941 shares of the technology company’s stock valued at $520,000 after buying an additional 237 shares during the period. Teachers Advisors LLC increased its position in shares of Shutterfly by 0.7% during the fourth quarter. Teachers Advisors LLC now owns 102,111 shares of the technology company’s stock valued at $5,080,000 after buying an additional 694 shares during the period. Meadow Creek Investment Management LLC increased its position in shares of Shutterfly by 13.4% during the fourth quarter. Meadow Creek Investment Management LLC now owns 6,052 shares of the technology company’s stock valued at $301,000 after buying an additional 714 shares during the period. First Trust Advisors LP increased its position in shares of Shutterfly by 9.6% during the third quarter. First Trust Advisors LP now owns 13,998 shares of the technology company’s stock valued at $679,000 after buying an additional 1,228 shares during the period. Finally, Wedge Capital Management L L P NC increased its position in shares of Shutterfly by 24.8% during the fourth quarter. Wedge Capital Management L L P NC now owns 6,937 shares of the technology company’s stock valued at $345,000 after buying an additional 1,377 shares during the period.

SFLY has been the topic of a number of analyst reports. Aegis reiterated a “buy” rating and issued a $73.00 target price on shares of Shutterfly in a research report on Sunday, February 4th. BidaskClub upgraded shares of Shutterfly from a “hold” rating to a “buy” rating in a research report on Saturday, February 3rd. SunTrust Banks lifted their target price on shares of Shutterfly to $60.00 and gave the stock a “buy” rating in a research report on Friday, January 12th. Zacks Investment Research cut shares of Shutterfly from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Finally, ValuEngine upgraded shares of Shutterfly from a “sell” rating to a “hold” rating in a research report on Friday, December 29th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $61.25.

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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.

Insider Buying and Selling by Quarter for Shutterfly (NASDAQ:SFLY)

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