Blue Apron (APRN) Scheduled to Post Earnings on Monday

Blue Apron (NYSE:APRN – Get Rating) is scheduled to be releasing its earnings data before the market opens on Monday, May 9th. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Blue Apron (NYSE:APRN – Get Rating) last issued its earnings results on Thursday, February 10th. The company reported ($0.93) earnings per share (EPS) for the quarter. Blue Apron had a negative return on equity of 152.48% and a negative net margin of 18.79%. The company had revenue of $107.01 million for the quarter.

APRN opened at $3.02 on Monday. The company has a current ratio of 1.51, a quick ratio of 1.19 and a debt-to-equity ratio of 0.77. The company’s fifty day moving average price is $4.38 and its two-hundred day moving average price is $6.81. Blue Apron has a 1-year low of $3.00 and a 1-year high of $12.76. The company has a market cap of $98.27 million, a price-to-earnings ratio of -0.76 and a beta of -3.42.

In other news, major shareholder Joseph N. Sanberg bought 357,143 shares of the stock in a transaction dated Monday, February 14th. The stock was bought at an average price of $14.00 per share, for a total transaction of $5,000,002.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Randy J. Greben sold 6,510 shares of the stock in a transaction dated Monday, February 28th. The shares were sold at an average price of $5.25, for a total transaction of $34,177.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 15,105 shares of company stock worth $79,301. Corporate insiders own 19.16% of the company’s stock.

Several hedge funds have recently made changes to their positions in the company. D. E. Shaw & Co. Inc. raised its holdings in shares of Blue Apron by 1,068.2% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 739,220 shares of the company’s stock valued at $4,975,000 after purchasing an additional 675,939 shares during the last quarter. BlackRock Inc. increased its holdings in Blue Apron by 61.9% during the fourth quarter. BlackRock Inc. now owns 358,535 shares of the company’s stock worth $2,413,000 after buying an additional 137,014 shares during the last quarter. Geode Capital Management LLC increased its holdings in Blue Apron by 35.5% during the fourth quarter. Geode Capital Management LLC now owns 180,849 shares of the company’s stock worth $1,217,000 after buying an additional 47,402 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new stake in Blue Apron during the fourth quarter worth about $489,000. Finally, Goldman Sachs Group Inc. increased its holdings in Blue Apron by 23.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 66,682 shares of the company’s stock worth $448,000 after buying an additional 12,575 shares during the last quarter.

Blue Apron Company Profile (Get Rating)

Blue Apron Holdings, Inc operates a direct-to-consumer platform that delivers original recipes with fresh and seasonal ingredients. It also operates Blue Apron Market, an e-commerce market that provides cooking tools, utensils, pantry items, and other products. In addition, the company offers Blue Apron Wine, a direct-to-consumer wine delivery service that sells wines, which can be paired with its meals.

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