Burlington Stores Target of Unusually Large Options Trading (NYSE:BURL)

Burlington Stores, Inc. (NYSE:BURL) was the target of unusually large options trading on Tuesday. Traders purchased 13,734 put options on the company. This represents an increase of approximately 403% compared to the average daily volume of 2,729 put options.

Insider Buying and Selling at Burlington Stores

In other news, CMO Jennifer Vecchio sold 419 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $274.48, for a total transaction of $115,007.12. Following the sale, the chief marketing officer owned 63,751 shares in the company, valued at approximately $17,498,374.48. The trade was a 0.65% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Stephen Ferroni sold 1,123 shares of the company’s stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $281.25, for a total transaction of $315,843.75. Following the completion of the sale, the chief accounting officer directly owned 2,389 shares in the company, valued at $671,906.25. This represents a 31.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,626 shares of company stock valued at $452,804 in the last three months. Insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Burlington Stores

Several institutional investors and hedge funds have recently added to or reduced their stakes in BURL. First Horizon Corp purchased a new stake in Burlington Stores during the 3rd quarter valued at $25,000. WPG Advisers LLC bought a new stake in shares of Burlington Stores in the first quarter worth $26,000. JPL Wealth Management LLC purchased a new stake in Burlington Stores during the third quarter valued at $28,000. Root Financial Partners LLC bought a new position in Burlington Stores in the third quarter valued at about $30,000. Finally, Mather Group LLC. purchased a new position in Burlington Stores in the third quarter worth about $36,000.

Analyst Ratings Changes

Several equities analysts have recently issued reports on BURL shares. Evercore ISI lifted their target price on shares of Burlington Stores from $310.00 to $370.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Barclays raised their price objective on Burlington Stores from $299.00 to $336.00 and gave the company an “overweight” rating in a research report on Friday, August 29th. Weiss Ratings reissued a “hold (c+)” rating on shares of Burlington Stores in a report on Wednesday, October 8th. Citigroup cut their target price on Burlington Stores from $358.00 to $351.00 and set a “buy” rating on the stock in a research note on Monday, November 3rd. Finally, Gordon Haskett lowered Burlington Stores from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 5th. Fourteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $342.71.

Burlington Stores Trading Down 12.5%

Shares of NYSE:BURL opened at $248.84 on Wednesday. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.23 and a quick ratio of 0.55. Burlington Stores has a 1 year low of $212.92 and a 1 year high of $309.00. The company has a market cap of $15.68 billion, a P/E ratio of 29.38, a PEG ratio of 2.13 and a beta of 1.74. The stock’s fifty day moving average price is $270.14 and its 200-day moving average price is $264.12.

Burlington Stores (NYSE:BURL) last issued its earnings results on Tuesday, November 25th. The company reported $1.68 earnings per share for the quarter, topping analysts’ consensus estimates of $1.59 by $0.09. The business had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.74 billion. Burlington Stores had a return on equity of 42.74% and a net margin of 4.96%.Burlington Stores’s revenue was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.55 EPS. Burlington Stores has set its Q4 2025 guidance at 4.500-4.70 EPS. FY 2025 guidance at 9.690-9.890 EPS. Sell-side analysts expect that Burlington Stores will post 7.93 earnings per share for the current year.

Burlington Stores Company Profile

Burlington Stores, Inc operates as a retailer of branded merchandise in the United States. The company provides fashion-focused merchandise, including women's ready-to-wear apparel, menswear, youth apparel, footwear, accessories, toys, gifts, and coats, as well as baby, home, and beauty products.