Moyo Labode Sells 4,696 Shares of Leslie’s, Inc. (NASDAQ:LESL) Stock

Leslie’s, Inc. (NASDAQ:LESLGet Rating) insider Moyo Labode sold 4,696 shares of the firm’s stock in a transaction that occurred on Thursday, May 12th. The shares were sold at an average price of $17.48, for a total value of $82,086.08. Following the completion of the transaction, the insider now owns 11,554 shares in the company, valued at approximately $201,963.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Shares of Leslie’s stock opened at $18.97 on Friday. Leslie’s, Inc. has a one year low of $16.40 and a one year high of $31.55. The company has a market cap of $3.47 billion, a price-to-earnings ratio of 26.35, a PEG ratio of 1.61 and a beta of 0.55. The business’s 50 day moving average price is $20.08 and its 200 day moving average price is $20.99.

Leslie’s (NASDAQ:LESLGet Rating) last announced its quarterly earnings data on Thursday, May 5th. The company reported ($0.01) EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.01. The company had revenue of $228.07 million for the quarter, compared to analysts’ expectations of $211.32 million. The business’s quarterly revenue was up 18.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.02) EPS. Equities analysts predict that Leslie’s, Inc. will post 1.04 EPS for the current fiscal year.

Hedge funds have recently bought and sold shares of the business. Spire Wealth Management acquired a new stake in Leslie’s during the fourth quarter worth $29,000. First Horizon Advisors Inc. increased its stake in Leslie’s by 163.9% during the third quarter. First Horizon Advisors Inc. now owns 1,417 shares of the company’s stock worth $31,000 after acquiring an additional 880 shares during the last quarter. Eagle Bay Advisors LLC increased its stake in Leslie’s by 234.6% during the third quarter. Eagle Bay Advisors LLC now owns 2,426 shares of the company’s stock worth $50,000 after acquiring an additional 1,701 shares during the last quarter. PSI Advisors LLC acquired a new stake in Leslie’s during the third quarter worth $84,000. Finally, Captrust Financial Advisors grew its stake in shares of Leslie’s by 325.3% in the third quarter. Captrust Financial Advisors now owns 4,253 shares of the company’s stock valued at $87,000 after buying an additional 3,253 shares in the last quarter.

LESL has been the topic of several research reports. Zacks Investment Research upgraded Leslie’s from a “sell” rating to a “hold” rating and set a $19.00 target price on the stock in a research report on Friday. Robert W. Baird decreased their target price on Leslie’s from $28.00 to $25.00 in a research report on Friday, May 6th. Finally, The Goldman Sachs Group upgraded Leslie’s from a “neutral” rating to a “buy” rating and raised their target price for the company from $26.00 to $27.00 in a research report on Monday, April 4th. One analyst has rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $29.73.

About Leslie’s (Get Rating)

Leslie's, Inc operates as a direct-to-consumer pool and spa care brand in the United States. The company markets and sells pool and spa supplies and related products and services. It offers pool chemicals consisting of chlorine, sanitizers, water balancers, specialty chemicals, and algae control; pool covers, including winter, solar and safety covers, leaf nets, cover reels, and cover alternatives; pool equipment, which comprise pool cleaners, pool pumps, pool filters, pool heating, and lighting; and pools, such as above ground pools, soft side pools, above ground pools liners and equipment, ladders and rails, and diving boards.

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