Blue Apron Holdings, Inc. (NYSE:APRN – Get Rating) CEO Linda Findley sold 9,684 shares of Blue Apron stock in a transaction dated Thursday, May 26th. The stock was sold at an average price of $3.08, for a total transaction of $29,826.72. Following the sale, the chief executive officer now owns 194,620 shares of the company’s stock, valued at $599,429.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Blue Apron stock traded up $0.24 during trading on Friday, reaching $3.34. The company had a trading volume of 936,418 shares, compared to its average volume of 1,919,000. Blue Apron Holdings, Inc. has a 12-month low of $2.85 and a 12-month high of $12.76. The stock’s 50 day moving average price is $3.83 and its two-hundred day moving average price is $6.13. The firm has a market capitalization of $114.79 million, a price-to-earnings ratio of -0.79 and a beta of -2.96. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.91 and a current ratio of 1.20.
Blue Apron (NYSE:APRN – Get Rating) last announced its quarterly earnings results on Monday, May 9th. The company reported ($1.17) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.63) by ($0.54). Blue Apron had a negative net margin of 24.24% and a negative return on equity of 191.76%.
Separately, Canaccord Genuity Group lowered their target price on shares of Blue Apron from $12.00 to $10.00 and set a “buy” rating for the company in a report on Tuesday, May 10th.
About Blue Apron (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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