Insider Selling: Vera Bradley, Inc. (VRA) Insider Sells 28,378 Shares of Stock

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Vera Bradley, Inc. (NASDAQ:VRA) insider Anne Marie Ray sold 28,378 shares of Vera Bradley stock in a transaction dated Thursday, October 18th. The stock was sold at an average price of $13.39, for a total value of $379,981.42. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Anne Marie Ray also recently made the following trade(s):

  • On Thursday, October 4th, Anne Marie Ray sold 28,378 shares of Vera Bradley stock. The stock was sold at an average price of $14.63, for a total value of $415,170.14.
  • On Wednesday, September 19th, Anne Marie Ray sold 14,189 shares of Vera Bradley stock. The stock was sold at an average price of $15.91, for a total value of $225,746.99.
  • On Tuesday, September 11th, Anne Marie Ray sold 28,378 shares of Vera Bradley stock. The stock was sold at an average price of $16.65, for a total value of $472,493.70.
  • On Wednesday, August 22nd, Anne Marie Ray sold 14,189 shares of Vera Bradley stock. The stock was sold at an average price of $15.06, for a total value of $213,686.34.
  • On Monday, August 6th, Anne Marie Ray sold 14,189 shares of Vera Bradley stock. The stock was sold at an average price of $13.39, for a total value of $189,990.71.
  • On Wednesday, July 25th, Anne Marie Ray sold 28,378 shares of Vera Bradley stock. The stock was sold at an average price of $13.73, for a total value of $389,629.94.

NASDAQ:VRA traded down $0.51 during trading hours on Friday, reaching $12.80. The company had a trading volume of 451,600 shares, compared to its average volume of 356,260. Vera Bradley, Inc. has a 1-year low of $6.99 and a 1-year high of $17.38. The company has a market capitalization of $473.07 million, a PE ratio of 21.33 and a beta of 0.35.

Vera Bradley (NASDAQ:VRA) last announced its quarterly earnings results on Wednesday, September 5th. The textile maker reported $0.26 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.10. Vera Bradley had a return on equity of 9.82% and a net margin of 3.76%. The company had revenue of $113.60 million during the quarter, compared to the consensus estimate of $113.14 million. During the same period in the previous year, the company posted $0.13 earnings per share. Vera Bradley’s revenue for the quarter was up 1.1% on a year-over-year basis. On average, equities research analysts anticipate that Vera Bradley, Inc. will post 0.59 EPS for the current year.

A number of equities research analysts recently commented on VRA shares. Zacks Investment Research downgraded Vera Bradley from a “buy” rating to a “hold” rating in a report on Thursday, August 9th. BidaskClub downgraded Vera Bradley from a “buy” rating to a “hold” rating in a report on Saturday, July 14th. Telsey Advisory Group boosted their price target on Vera Bradley from $15.00 to $17.00 and gave the company a “market perform” rating in a report on Thursday, September 6th. Finally, TheStreet raised Vera Bradley from a “c” rating to a “b” rating in a report on Thursday, September 6th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $14.25.

A number of large investors have recently made changes to their positions in the business. Legal & General Group Plc lifted its holdings in Vera Bradley by 10.3% in the second quarter. Legal & General Group Plc now owns 37,965 shares of the textile maker’s stock valued at $541,000 after acquiring an additional 3,554 shares during the period. Metropolitan Life Insurance Co. NY acquired a new position in Vera Bradley in the second quarter valued at approximately $112,000. SG Americas Securities LLC acquired a new position in Vera Bradley in the second quarter valued at approximately $142,000. Strs Ohio raised its stake in shares of Vera Bradley by 30.3% during the 3rd quarter. Strs Ohio now owns 45,200 shares of the textile maker’s stock worth $689,000 after buying an additional 10,500 shares during the period. Finally, MetLife Investment Advisors LLC acquired a new position in shares of Vera Bradley during the 2nd quarter worth approximately $158,000. 69.38% of the stock is owned by institutional investors.

About Vera Bradley

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 two segments, Direct and Indirect. The company offers totes, crossbodies, satchels, clutches, backpacks, baby bags, and lunch bags; accessories, including wallets, wristlets, eyeglass cases, scarves, and various technology accessories; and travel products, such as rolling luggage, cosmetics, and travel and packing accessories, as well as travel bags comprising duffel and weekend bags.

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Insider Buying and Selling by Quarter for Vera Bradley (NASDAQ:VRA)

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