Insider Buying: At Home Group Inc (NYSE:HOME) Major Shareholder Acquires 206,040 Shares of Stock

At Home Group Inc (NYSE:HOME) major shareholder Clifford Sosin purchased 206,040 shares of the company’s stock in a transaction that occurred on Wednesday, August 21st. The shares were bought at an average cost of $5.86 per share, with a total value of $1,207,394.40. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Clifford Sosin also recently made the following trade(s):

  • On Monday, August 19th, Clifford Sosin purchased 397,839 shares of At Home Group stock. The shares were bought at an average cost of $5.49 per share, with a total value of $2,184,136.11.
  • On Thursday, August 15th, Clifford Sosin purchased 209,600 shares of At Home Group stock. The shares were bought at an average cost of $4.73 per share, with a total value of $991,408.00.
  • On Tuesday, September 3rd, Clifford Sosin purchased 85,000 shares of At Home Group stock. The shares were bought at an average cost of $6.55 per share, with a total value of $556,750.00.
  • On Monday, August 26th, Clifford Sosin purchased 43,044 shares of At Home Group stock. The shares were bought at an average cost of $5.92 per share, with a total value of $254,820.48.

HOME traded up $0.72 during trading on Friday, hitting $7.24. 5,655,088 shares of the company’s stock were exchanged, compared to its average volume of 3,334,239. The company has a current ratio of 0.82, a quick ratio of 0.06 and a debt-to-equity ratio of 1.67. At Home Group Inc has a 1 year low of $4.58 and a 1 year high of $35.86. The stock has a 50 day moving average price of $5.76 and a 200 day moving average price of $14.82. The firm has a market cap of $442.52 million, a P/E ratio of 9.78, a price-to-earnings-growth ratio of 0.67 and a beta of 1.23.

At Home Group (NYSE:HOME) last released its quarterly earnings data on Wednesday, September 4th. The financial services provider reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.04. At Home Group had a net margin of 5.12% and a return on equity of 8.92%. The company had revenue of $342.32 million during the quarter, compared to the consensus estimate of $343.45 million. Analysts forecast that At Home Group Inc will post 0.59 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HOME. Marshall Wace LLP grew its stake in At Home Group by 87.1% during the second quarter. Marshall Wace LLP now owns 1,484,406 shares of the financial services provider’s stock worth $9,886,000 after buying an additional 691,186 shares during the period. TIG Advisors LLC purchased a new stake in At Home Group during the second quarter worth approximately $4,129,000. Landscape Capital Management L.L.C. grew its stake in At Home Group by 2,273.5% during the second quarter. Landscape Capital Management L.L.C. now owns 536,947 shares of the financial services provider’s stock worth $3,576,000 after buying an additional 514,324 shares during the period. Cubist Systematic Strategies LLC grew its stake in At Home Group by 837.8% during the second quarter. Cubist Systematic Strategies LLC now owns 458,171 shares of the financial services provider’s stock worth $3,051,000 after buying an additional 409,317 shares during the period. Finally, Morgan Stanley grew its stake in At Home Group by 48.5% during the second quarter. Morgan Stanley now owns 1,131,531 shares of the financial services provider’s stock worth $7,536,000 after buying an additional 369,789 shares during the period. Institutional investors own 74.75% of the company’s stock.

Several brokerages recently commented on HOME. Monness Crespi & Hardt reaffirmed a “buy” rating and set a $10.00 price target (down previously from $30.00) on shares of At Home Group in a research report on Friday, June 7th. Wells Fargo & Co dropped their price target on shares of At Home Group from $9.00 to $6.00 and set a “market perform” rating for the company in a research report on Thursday. Berenberg Bank began coverage on shares of At Home Group in a research report on Thursday, May 9th. They set a “buy” rating and a $30.00 price target for the company. Gordon Haskett raised shares of At Home Group from a “hold” rating to an “accumulate” rating in a research report on Friday, June 7th. Finally, Morgan Stanley dropped their price target on shares of At Home Group from $8.00 to $6.00 and set an “equal weight” rating for the company in a research report on Friday. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company’s stock. At Home Group presently has an average rating of “Hold” and an average price target of $17.00.

About At Home Group

At Home Group Inc operates home decor superstores in the United States. The company's stores offer approximately 50,000 items, such as accent furniture, mirrors, patio cushions, rugs and wall arts, artificial flowers and trees, bedding and bath products, candles, garden and outdoor décors, holiday accessories, home organization products, pillows, pottery, vases, and window treatments.

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Insider Buying and Selling by Quarter for At Home Group (NYSE:HOME)

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