Stamps.com Inc. (STMP) President Kyle Huebner Sells 43,262 Shares

Stamps.com Inc. (NASDAQ:STMP) President Kyle Huebner sold 43,262 shares of the firm’s stock in a transaction on Wednesday, March 7th. The stock was sold at an average price of $195.67, for a total transaction of $8,465,075.54. Following the transaction, the president now directly owns 9,375 shares in the company, valued at $1,834,406.25. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Kyle Huebner also recently made the following trade(s):

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  • On Friday, March 9th, Kyle Huebner sold 8,921 shares of Stamps.com stock. The stock was sold at an average price of $202.18, for a total transaction of $1,803,647.78.
  • On Monday, March 5th, Kyle Huebner sold 37,601 shares of Stamps.com stock. The stock was sold at an average price of $195.00, for a total transaction of $7,332,195.00.

Shares of Stamps.com Inc. (STMP) opened at $203.35 on Friday. The firm has a market cap of $3,550.00, a PE ratio of 22.93, a PEG ratio of 1.64 and a beta of 0.07. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 0.12. Stamps.com Inc. has a fifty-two week low of $100.55 and a fifty-two week high of $233.12.

Stamps.com (NASDAQ:STMP) last issued its earnings results on Wednesday, February 21st. The software maker reported $4.68 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.72 by $1.96. Stamps.com had a net margin of 32.13% and a return on equity of 41.00%. The business had revenue of $132.50 million for the quarter, compared to the consensus estimate of $120.26 million. During the same quarter in the previous year, the firm earned $2.73 earnings per share. The business’s quarterly revenue was up 25.1% compared to the same quarter last year. sell-side analysts expect that Stamps.com Inc. will post 8.12 EPS for the current year.

Several research analysts have issued reports on the stock. BidaskClub downgraded shares of Stamps.com from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, February 13th. Roth Capital lowered their price objective on shares of Stamps.com from $235.00 to $230.00 and set a “buy” rating on the stock in a research report on Thursday, February 22nd. B. Riley reissued a “buy” rating and set a $250.00 price objective on shares of Stamps.com in a research report on Friday, December 1st. ValuEngine downgraded shares of Stamps.com from a “buy” rating to a “hold” rating in a research report on Monday, November 20th. Finally, Craig Hallum reissued a “buy” rating and set a $215.00 price objective (down from $230.00) on shares of Stamps.com in a research report on Thursday, February 22nd. Two research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. Stamps.com has an average rating of “Buy” and an average target price of $243.00.

A number of institutional investors and hedge funds have recently made changes to their positions in STMP. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Stamps.com by 47.4% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 793 shares of the software maker’s stock worth $149,000 after acquiring an additional 255 shares during the last quarter. Marble Harbor Investment Counsel LLC acquired a new position in Stamps.com during the third quarter worth about $203,000. Raymond James Financial Services Advisors Inc. acquired a new position in Stamps.com during the third quarter worth about $209,000. World Asset Management Inc acquired a new position in Stamps.com during the third quarter worth about $212,000. Finally, BlueCrest Capital Management Ltd acquired a new position in Stamps.com during the fourth quarter worth about $217,000.

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Stamps.com Company Profile

Stamps.com Inc is a provider of Internet-based mailing and shipping solutions in the United States. The Company offers mailing and shipping products and services to its customers under the Stamps.com, Endicia, ShipStation, ShipWorks and ShippingEasy brands. It operates through the Internet Mailing and Shipping Services segment.

Insider Buying and Selling by Quarter for Stamps.com (NASDAQ:STMP)

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