Brad Dickerson Acquires 180,000 Shares of Blue Apron Holdings, Inc. (APRN) Stock

Blue Apron Holdings, Inc. (NYSE:APRN) CEO Brad Dickerson purchased 180,000 shares of Blue Apron stock in a transaction on Wednesday, December 13th. The stock was bought at an average price of $3.93 per share, for a total transaction of $707,400.00. Following the transaction, the chief executive officer now directly owns 40,000 shares in the company, valued at approximately $157,200. The purchase was disclosed in a filing with the SEC, which is accessible through this link.

Brad Dickerson also recently made the following trade(s):

  • On Monday, December 11th, Brad Dickerson purchased 40,000 shares of Blue Apron stock. The stock was bought at an average price of $3.87 per share, for a total transaction of $154,800.00.

Shares of Blue Apron Holdings, Inc. (APRN) traded down $0.01 during trading on Wednesday, hitting $3.97. The company had a trading volume of 2,289,362 shares, compared to its average volume of 3,071,748. Blue Apron Holdings, Inc. has a 52 week low of $2.94 and a 52 week high of $11.00. The company has a debt-to-equity ratio of 0.48, a quick ratio of 2.73 and a current ratio of 3.15.

Blue Apron (NYSE:APRN) last announced its earnings results on Thursday, November 2nd. The company reported ($0.47) EPS for the quarter, missing the consensus estimate of ($0.43) by ($0.04). The company had revenue of $210.60 million during the quarter, compared to the consensus estimate of $191.47 million. During the same quarter last year, the firm posted ($0.56) EPS. Blue Apron’s quarterly revenue was up 2.5% compared to the same quarter last year. equities research analysts expect that Blue Apron Holdings, Inc. will post -1.66 earnings per share for the current fiscal year.

APRN has been the topic of a number of analyst reports. Canaccord Genuity reiterated a “buy” rating and issued a $11.00 price target on shares of Blue Apron in a research report on Thursday, September 14th. Guggenheim initiated coverage on Blue Apron in a research report on Monday, September 25th. They issued a “buy” rating and a $9.00 price target on the stock. Needham & Company LLC reiterated a “buy” rating and issued a $5.00 price target (down previously from $6.50) on shares of Blue Apron in a research report on Friday, November 3rd. Barclays upgraded Blue Apron from an “underweight” rating to an “equal weight” rating and upped their price target for the company from $3.00 to $4.00 in a research report on Monday, December 4th. Finally, SunTrust Banks reiterated a “hold” rating and issued a $5.50 price target on shares of Blue Apron in a research report on Tuesday, October 24th. One investment analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $7.04.

Institutional investors have recently made changes to their positions in the stock. Obermeyer Wood Investment Counsel Lllp bought a new stake in shares of Blue Apron during the 2nd quarter valued at about $110,000. Bank of New York Mellon Corp bought a new stake in shares of Blue Apron during the 3rd quarter valued at about $120,000. Royal Bank of Canada bought a new stake in shares of Blue Apron during the 2nd quarter valued at about $141,000. BBR Partners LLC bought a new stake in shares of Blue Apron during the 3rd quarter valued at about $147,000. Finally, Legal & General Group Plc bought a new stake in shares of Blue Apron during the 2nd quarter valued at about $187,000. Institutional investors own 58.35% of the company’s stock.

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Blue Apron Company Profile

Blue Apron Holdings, Inc is a holding company. The Company is focused on providing recipes and fresh ingredients for making home cooking accessible. The Company offers under a novel business model in which it source, process, store and package meal ingredients and ship them directly to consumers. The Company’s core products include Meals and Wine.

Insider Buying and Selling by Quarter for Blue Apron (NYSE:APRN)

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