Insider Selling: Vera Bradley, Inc. (NASDAQ:VRA) Director Sells $148,179.90 in Stock

Vera Bradley, Inc. (NASDAQ:VRA) Director P. Michael Miller sold 16,230 shares of Vera Bradley stock in a transaction that occurred on Wednesday, February 17th. The shares were sold at an average price of $9.13, for a total transaction of $148,179.90. Following the completion of the transaction, the director now directly owns 112,478 shares in the company, valued at approximately $1,026,924.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

P. Michael Miller also recently made the following trade(s):

  • On Wednesday, February 10th, P. Michael Miller sold 23,990 shares of Vera Bradley stock. The shares were sold at an average price of $9.23, for a total transaction of $221,427.70.
  • On Wednesday, February 3rd, P. Michael Miller sold 229,883 shares of Vera Bradley stock. The shares were sold at an average price of $8.64, for a total transaction of $1,986,189.12.
  • On Wednesday, January 27th, P. Michael Miller sold 3,183 shares of Vera Bradley stock. The shares were sold at an average price of $8.50, for a total transaction of $27,055.50.
  • On Monday, January 25th, P. Michael Miller sold 71,503 shares of Vera Bradley stock. The shares were sold at an average price of $8.52, for a total transaction of $609,205.56.
  • On Wednesday, January 13th, P. Michael Miller sold 5,284 shares of Vera Bradley stock. The shares were sold at an average price of $8.50, for a total transaction of $44,914.00.
  • On Tuesday, December 29th, P. Michael Miller sold 7,875 shares of Vera Bradley stock. The shares were sold at an average price of $8.15, for a total transaction of $64,181.25.
  • On Tuesday, December 8th, P. Michael Miller sold 2,329 shares of Vera Bradley stock. The stock was sold at an average price of $8.51, for a total transaction of $19,819.79.

Shares of VRA stock opened at $9.24 on Monday. The company’s fifty day simple moving average is $8.49 and its 200-day simple moving average is $7.35. The company has a quick ratio of 1.52, a current ratio of 3.17 and a debt-to-equity ratio of 0.10. The firm has a market cap of $308.75 million, a PE ratio of 71.08 and a beta of 1.60. Vera Bradley, Inc. has a 12 month low of $3.12 and a 12 month high of $9.63.

Vera Bradley (NASDAQ:VRA) last issued its earnings results on Tuesday, December 8th. The textile maker reported $0.30 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.24 by $0.06. The business had revenue of $124.80 million for the quarter, compared to the consensus estimate of $129.99 million. Vera Bradley had a net margin of 0.92% and a return on equity of 7.43%. The firm’s revenue for the quarter was down 2.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.20 earnings per share. On average, equities analysts predict that Vera Bradley, Inc. will post 0.73 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently modified their holdings of the stock. BNP Paribas Arbitrage SA increased its holdings in Vera Bradley by 198.4% during the third quarter. BNP Paribas Arbitrage SA now owns 4,897 shares of the textile maker’s stock worth $30,000 after buying an additional 3,256 shares during the last quarter. Vantage Consulting Group Inc acquired a new position in shares of Vera Bradley in the fourth quarter valued at $36,000. Ancora Advisors LLC acquired a new position in shares of Vera Bradley in the fourth quarter valued at $40,000. Citigroup Inc. increased its holdings in shares of Vera Bradley by 252.3% in the fourth quarter. Citigroup Inc. now owns 5,179 shares of the textile maker’s stock valued at $41,000 after purchasing an additional 3,709 shares during the last quarter. Finally, Louisiana State Employees Retirement System acquired a new position in shares of Vera Bradley in the third quarter valued at $62,000. Institutional investors and hedge funds own 58.04% of the company’s stock.

Separately, Zacks Investment Research raised shares of Vera Bradley from a “sell” rating to a “hold” rating in a research report on Wednesday, February 10th.

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 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 wallets, wristlets, eyeglass cases, scarves, and various technology accessories; bracelets, rings, and necklaces under Pura Vida brand name; and travel products consisting of 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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