Carter’s, Inc. (NYSE:CRI) Director Sells $166,898.80 in Stock

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Carter’s, Inc. (NYSE:CRI) Director Amy Woods Brinkley sold 1,588 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $105.10, for a total transaction of $166,898.80. Following the transaction, the director now directly owns 14,880 shares of the company’s stock, valued at approximately $1,563,888. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Amy Woods Brinkley also recently made the following trade(s):

  • On Friday, August 30th, Amy Woods Brinkley sold 1,298 shares of Carter’s stock. The shares were sold at an average price of $92.41, for a total transaction of $119,948.18.

Shares of Carter’s stock opened at $104.17 on Monday. The company’s fifty day simple moving average is $97.47 and its 200-day simple moving average is $93.98. The stock has a market capitalization of $4.64 billion, a PE ratio of 16.56, a P/E/G ratio of 2.07 and a beta of 0.92. Carter’s, Inc. has a 1-year low of $75.66 and a 1-year high of $111.12. The company has a debt-to-equity ratio of 1.80, a current ratio of 2.53 and a quick ratio of 1.03.

Carter’s (NYSE:CRI) last issued its quarterly earnings results on Thursday, October 24th. The textile maker reported $1.87 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.70 by $0.17. The business had revenue of $943.32 million for the quarter, compared to analysts’ expectations of $936.09 million. Carter’s had a net margin of 7.68% and a return on equity of 35.47%. The company’s revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the company posted $1.61 EPS. As a group, research analysts anticipate that Carter’s, Inc. will post 6.57 EPS for the current year.

Institutional investors have recently modified their holdings of the company. Point72 Hong Kong Ltd purchased a new position in shares of Carter’s during the 2nd quarter valued at $32,000. FTB Advisors Inc. purchased a new position in shares of Carter’s during the 2nd quarter valued at $54,000. Huntington National Bank lifted its stake in shares of Carter’s by 178.9% during the 3rd quarter. Huntington National Bank now owns 594 shares of the textile maker’s stock valued at $54,000 after buying an additional 381 shares in the last quarter. Quest Capital Management Inc. ADV purchased a new position in shares of Carter’s during the 3rd quarter valued at $55,000. Finally, SRS Capital Advisors Inc. purchased a new position in shares of Carter’s during the 2nd quarter valued at $97,000.

Several equities research analysts recently weighed in on CRI shares. Monness Crespi & Hardt reduced their price target on shares of Carter’s from $120.00 to $115.00 and set a “buy” rating for the company in a research report on Friday, October 25th. DA Davidson raised their price target on shares of Carter’s from $110.00 to $118.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. UBS Group set a $100.00 price target on shares of Carter’s and gave the company a “hold” rating in a research report on Friday, October 25th. ValuEngine raised shares of Carter’s from a “sell” rating to a “hold” rating in a research report on Friday, October 4th. Finally, B. Riley set a $118.00 price target on shares of Carter’s and gave the company a “buy” rating in a research report on Tuesday, August 20th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Carter’s currently has a consensus rating of “Buy” and an average price target of $110.25.

About Carter’s

Carter's, Inc, together with its subsidiaries, designs, sources, and markets branded childrenswear under the Carter's, Child of Mine, Just One You, Precious Firsts, Precious Baby, Simple Joys, OshKosh B'gosh, Skip Hop, and other brands. The company operates through three segments: U.S.

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Insider Buying and Selling by Quarter for Carter`s (NYSE:CRI)

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