403,447 Shares in Vera Bradley, Inc. $VRA Acquired by Impala Asset Management LLC

Impala Asset Management LLC acquired a new position in shares of Vera Bradley, Inc. (NASDAQ:VRA) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 403,447 shares of the textile maker’s stock, valued at approximately $976,000. Vera Bradley makes up approximately 0.6% of Impala Asset Management LLC’s investment portfolio, making the stock its 20th biggest position. Impala Asset Management LLC owned approximately 1.44% of Vera Bradley as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VRA. Empowered Funds LLC raised its holdings in Vera Bradley by 7.9% during the first quarter. Empowered Funds LLC now owns 163,636 shares of the textile maker’s stock worth $368,000 after purchasing an additional 12,021 shares in the last quarter. Jane Street Group LLC raised its holdings in Vera Bradley by 149.9% during the first quarter. Jane Street Group LLC now owns 57,041 shares of the textile maker’s stock worth $128,000 after purchasing an additional 34,212 shares in the last quarter. XTX Topco Ltd acquired a new stake in Vera Bradley during the second quarter worth approximately $126,000. Marshall Wace LLP acquired a new stake in Vera Bradley during the second quarter worth approximately $363,000. Finally, Jump Financial LLC acquired a new stake in Vera Bradley during the second quarter worth approximately $28,000. Institutional investors and hedge funds own 59.88% of the company’s stock.

Vera Bradley Price Performance

Shares of NASDAQ:VRA opened at $3.79 on Friday. The stock has a market cap of $107.79 million, a P/E ratio of -5.49 and a beta of 1.62. The firm has a fifty day moving average price of $3.64 and a 200 day moving average price of $3.03. Vera Bradley, Inc. has a 1-year low of $1.39 and a 1-year high of $4.39.

Vera Bradley (NASDAQ:VRA) last issued its quarterly earnings results on Thursday, June 11th. The textile maker reported ($0.09) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.33) by $0.24. The firm had revenue of $55.70 million during the quarter, compared to analysts’ expectations of $49.12 million. Vera Bradley had a negative net margin of 7.02% and a negative return on equity of 6.66%. Sell-side analysts expect that Vera Bradley, Inc. will post -0.34 EPS for the current fiscal year.

Vera Bradley News Summary

Here are the key news stories impacting Vera Bradley this week:

• Positive Sentiment: Q1 adjusted results topped expectations, with EPS of -$0.09 versus the expected -$0.33, and revenue of $55.7 million versus estimates of $49.1 million. Article Title
• Positive Sentiment: Quarterly net revenue rose 7.8%, marking the company’s first quarter of growth since fiscal 2022 and reinforcing the view that the turnaround is gaining traction. Article Title
• Positive Sentiment: Management signaled at least a 50% improvement in non-GAAP operating loss for FY2027 and guided revenue to $255 million-$270 million, suggesting meaningful margin and profitability improvement ahead. Article Title
• Positive Sentiment: Li & Fung expanded Vera Bradley into apparel, adding a new licensing avenue and building on strength in the home category. Article Title
• Neutral Sentiment: Conference-call coverage highlights a cautious turnaround narrative, with investors watching whether recent improvement can translate into sustained profitability. Article Title

Analyst Upgrades and Downgrades

Separately, Wall Street Zen cut shares of Vera Bradley from a “buy” rating to a “hold” rating in a report on Saturday. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce”.

Vera Bradley Company Profile

Vera Bradley, Inc (NASDAQ: VRA) is a lifestyle and accessories designer specializing in colorful, patterned handbags, luggage, travel accessories and coordinated home décor. Founded in 1982 by Barbara Bradley Baekgaard and Patricia R. Miller, the company first gained recognition for its quilted cotton bags sold at craft shows before expanding into an established fashion brand. Headquartered in Fort Wayne, Indiana, Vera Bradley has built a reputation for distinctive prints and functional design aimed primarily at women’s casual and travel needs.

The company’s product portfolio includes day bags, weekenders, backpacks, wallets, and organizational cases, as well as an expanding range of travel gear such as rolling luggage and travel pouches.