Vera Bradley, Inc. (NASDAQ:VRA) Shares Sold by Prudential Financial Inc.

Prudential Financial Inc. decreased its position in shares of Vera Bradley, Inc. (NASDAQ:VRA) by 47.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 93,485 shares of the textile maker’s stock after selling 84,800 shares during the period. Prudential Financial Inc. owned about 0.34% of Vera Bradley worth $367,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VRA. McAdam LLC acquired a new stake in shares of Vera Bradley during the fourth quarter worth about $50,000. Sei Investments Co. purchased a new stake in Vera Bradley during the 4th quarter worth approximately $54,000. Quadrature Capital Ltd acquired a new stake in Vera Bradley during the 3rd quarter worth approximately $102,000. FMR LLC boosted its position in Vera Bradley by 998.4% in the 3rd quarter. FMR LLC now owns 21,408 shares of the textile maker’s stock valued at $117,000 after buying an additional 19,459 shares during the period. Finally, Pathway Financial Advisers LLC acquired a new position in shares of Vera Bradley in the fourth quarter worth $118,000. 59.88% of the stock is currently owned by hedge funds and other institutional investors.

Vera Bradley Trading Down 5.8 %

Vera Bradley stock opened at $2.11 on Friday. The firm has a market capitalization of $58.45 million, a P/E ratio of -3.58 and a beta of 1.86. The stock’s fifty day simple moving average is $2.80 and its 200-day simple moving average is $4.03. Vera Bradley, Inc. has a twelve month low of $1.89 and a twelve month high of $8.33.

Vera Bradley Company Profile

Vera Bradley, Inc, together with its subsidiaries, designs, manufactures, and sells women’s handbags, luggage and travel items, fashion and home accessories, and gifts. It operates through three segments: Vera Bradley Direct, Vera Bradley Indirect, and Pura Vida. The company offers bag products, such as totes, crossbodies, satchels, clutches, backpacks, baby bags, and lunch bags; accessories, including ID holders, lanyards, wallets, wristlets, eyewear, scarves, hair accessories, and various technology accessories; bracelets, rings, and necklaces under Pura Vida brand name; and travel products consist of rolling luggage, cosmetics, and travel and packing accessories, as well as travel bags comprising duffel and weekend bags.