Anne Marie Ray Sells 28,378 Shares of Vera Bradley, Inc. (VRA) Stock

Vera Bradley, Inc. (NASDAQ:VRA) insider Anne Marie Ray sold 28,378 shares of Vera Bradley stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $12.50, for a total transaction of $354,725.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

  • On Tuesday, May 14th, Anne Marie Ray sold 14,189 shares of Vera Bradley stock. The stock was sold at an average price of $11.32, for a total transaction of $160,619.48.
  • On Friday, May 10th, Anne Marie Ray sold 70,000 shares of Vera Bradley stock. The stock was sold at an average price of $11.78, for a total transaction of $824,600.00.
  • On Wednesday, April 17th, Anne Marie Ray sold 14,189 shares of Vera Bradley stock. The stock was sold at an average price of $11.65, for a total transaction of $165,301.85.
  • On Tuesday, April 2nd, Anne Marie Ray sold 14,189 shares of Vera Bradley stock. The stock was sold at an average price of $13.16, for a total transaction of $186,727.24.
  • On Tuesday, March 19th, Anne Marie Ray sold 28,378 shares of Vera Bradley stock. The stock was sold at an average price of $13.45, for a total transaction of $381,684.10.
  • On Tuesday, March 12th, Anne Marie Ray sold 70,000 shares of Vera Bradley stock. The stock was sold at an average price of $10.61, for a total transaction of $742,700.00.
  • On Tuesday, February 26th, Anne Marie Ray sold 28,378 shares of Vera Bradley stock. The stock was sold at an average price of $9.68, for a total transaction of $274,699.04.
  • On Tuesday, February 12th, Anne Marie Ray sold 14,189 shares of Vera Bradley stock. The stock was sold at an average price of $9.36, for a total transaction of $132,809.04.

Shares of VRA stock traded down $0.11 on Thursday, hitting $10.77. 486,100 shares of the stock traded hands, compared to its average volume of 323,479. The stock has a market cap of $402.61 million, a price-to-earnings ratio of 18.25 and a beta of 0.72. Vera Bradley, Inc. has a twelve month low of $7.94 and a twelve month high of $17.38.

Vera Bradley (NASDAQ:VRA) last announced its quarterly earnings results on Wednesday, March 13th. The textile maker reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.01. The firm had revenue of $118.20 million for the quarter, compared to analysts’ expectations of $116.34 million. Vera Bradley had a net margin of 4.99% and a return on equity of 7.15%. The company’s revenue was down 10.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.33 EPS. On average, analysts expect that Vera Bradley, Inc. will post 0.69 EPS for the current fiscal year.

Several brokerages have issued reports on VRA. ValuEngine cut shares of Vera Bradley from a “buy” rating to a “hold” rating in a research note on Saturday, May 18th. Zacks Investment Research cut shares of Vera Bradley from a “buy” rating to a “hold” rating in a research report on Thursday, May 16th. BidaskClub cut shares of Vera Bradley from a “buy” rating to a “hold” rating in a research report on Monday, May 13th. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $11.00 price target on shares of Vera Bradley in a research report on Thursday, March 14th. Four analysts have rated the stock with a hold rating, Vera Bradley presently has a consensus rating of “Hold” and a consensus target price of $13.50.

Institutional investors and hedge funds have recently modified their holdings of the stock. Marshall Wace North America L.P. purchased a new stake in Vera Bradley during the first quarter worth about $177,000. Marshall Wace LLP purchased a new stake in Vera Bradley during the first quarter worth about $1,893,000. MetLife Investment Advisors LLC purchased a new stake in Vera Bradley during the first quarter worth about $139,000. Lombard Odier Asset Management USA Corp purchased a new stake in Vera Bradley during the first quarter worth about $201,000. Finally, Metropolitan Life Insurance Co NY purchased a new stake in Vera Bradley during the first quarter worth about $100,000. Hedge funds and other institutional investors own 66.82% of the company’s stock.

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Vera Bradley Company Profile

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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