34,145 Shares in The Lovesac Company $LOVE Purchased by Nuveen LLC

Nuveen LLC bought a new position in The Lovesac Company (NASDAQ:LOVE) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 34,145 shares of the company’s stock, valued at approximately $621,000. Nuveen LLC owned 0.23% of Lovesac as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Wells Fargo & Company MN grew its position in shares of Lovesac by 24.8% in the 4th quarter. Wells Fargo & Company MN now owns 9,823 shares of the company’s stock worth $232,000 after buying an additional 1,950 shares during the last quarter. Barclays PLC boosted its stake in Lovesac by 10.6% in the fourth quarter. Barclays PLC now owns 22,472 shares of the company’s stock valued at $531,000 after acquiring an additional 2,160 shares in the last quarter. MetLife Investment Management LLC grew its holdings in Lovesac by 18.3% in the fourth quarter. MetLife Investment Management LLC now owns 9,233 shares of the company’s stock worth $218,000 after purchasing an additional 1,425 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Lovesac by 13.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 11,462 shares of the company’s stock worth $272,000 after purchasing an additional 1,333 shares in the last quarter. Finally, Bridgeway Capital Management LLC increased its position in shares of Lovesac by 3.0% during the fourth quarter. Bridgeway Capital Management LLC now owns 82,725 shares of the company’s stock worth $1,957,000 after purchasing an additional 2,441 shares in the last quarter. 91.32% of the stock is owned by institutional investors.

Lovesac Price Performance

Shares of LOVE opened at $18.59 on Thursday. The company’s fifty day moving average price is $18.73 and its 200-day moving average price is $18.86. The Lovesac Company has a 1-year low of $12.12 and a 1-year high of $39.49. The firm has a market capitalization of $270.47 million, a PE ratio of 26.56, a price-to-earnings-growth ratio of 0.61 and a beta of 2.35.

Lovesac (NASDAQ:LOVE) last released its quarterly earnings data on Thursday, June 12th. The company reported ($0.73) EPS for the quarter, beating the consensus estimate of ($0.81) by $0.08. The business had revenue of $138.37 million for the quarter, compared to the consensus estimate of $137.20 million. Lovesac had a net margin of 1.99% and a return on equity of 6.70%. The business’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.83) EPS. Lovesac has set its Q2 2026 guidance at -0.830–0.580 EPS. FY 2026 guidance at 0.800-1.360 EPS. As a group, research analysts anticipate that The Lovesac Company will post 0.39 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Wall Street Zen raised Lovesac from a “sell” rating to a “hold” rating in a research report on Saturday, July 12th. Five research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $30.40.

Insider Activity at Lovesac

In other Lovesac news, Director Walter Field Mclallen bought 1,950 shares of the firm’s stock in a transaction dated Friday, June 20th. The shares were purchased at an average price of $18.08 per share, for a total transaction of $35,256.00. Following the transaction, the director directly owned 40,000 shares of the company’s stock, valued at approximately $723,200. This represents a 5.12% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 12.46% of the stock is owned by company insiders.

Lovesac Company Profile

The Lovesac Company designs, manufactures, and sells furniture. It offers sactionals, such as seats and sides; sacs, including foam beanbag chairs; and other products comprising drink holders, footsac blankets, decorative pillows, fitted seat tables, and ottomans. The company markets its products primarily through www.lovesac.com website, as well as showrooms at top tier malls, lifestyle centers, mobile concierges, kiosks, and street locations in 41 states in the United States; and in store pop-up- shops and shop-in-shops, and barter inventory transactions.