Levi Strauss & Co. (NYSE:LEVI) Major Shareholder Elizabeth H. Eisenhardt Sells 3,853 Shares of Stock

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Levi Strauss & Co. (NYSE:LEVI) major shareholder Elizabeth H. Eisenhardt sold 3,853 shares of the company’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $17.00, for a total transaction of $65,501.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Elizabeth H. Eisenhardt also recently made the following trade(s):

  • On Monday, November 25th, Elizabeth H. Eisenhardt sold 30,067 shares of Levi Strauss & Co. stock. The stock was sold at an average price of $17.05, for a total transaction of $512,642.35.
  • On Friday, November 22nd, Elizabeth H. Eisenhardt sold 11,928 shares of Levi Strauss & Co. stock. The stock was sold at an average price of $17.00, for a total transaction of $202,776.00.
  • On Monday, November 18th, Elizabeth H. Eisenhardt sold 17,213 shares of Levi Strauss & Co. stock. The stock was sold at an average price of $17.06, for a total transaction of $293,653.78.
  • On Friday, November 15th, Elizabeth H. Eisenhardt sold 12,239 shares of Levi Strauss & Co. stock. The stock was sold at an average price of $17.17, for a total transaction of $210,143.63.

Shares of Levi Strauss & Co. stock opened at $16.64 on Tuesday. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.37 and a quick ratio of 1.58. Levi Strauss & Co. has a fifty-two week low of $16.00 and a fifty-two week high of $24.50. The firm has a fifty day moving average price of $17.17 and a two-hundred day moving average price of $18.86.

Levi Strauss & Co. (NYSE:LEVI) last issued its quarterly earnings results on Tuesday, October 8th. The blue-jean maker reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. Levi Strauss & Co. had a net margin of 6.85% and a return on equity of 37.44%. The firm had revenue of $1.45 million during the quarter, compared to the consensus estimate of $1.44 billion. The firm’s revenue for the quarter was up 4.3% on a year-over-year basis. As a group, analysts expect that Levi Strauss & Co. will post 1.07 EPS for the current fiscal year.

LEVI has been the subject of several recent analyst reports. ValuEngine raised shares of Levi Strauss & Co. from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Guggenheim reaffirmed a “buy” rating on shares of Levi Strauss & Co. in a report on Wednesday, September 4th. Macquarie initiated coverage on shares of Levi Strauss & Co. in a report on Monday, October 21st. They set an “outperform” rating for the company. Finally, Bank of America upped their price objective on shares of Levi Strauss & Co. from $20.00 to $22.00 and gave the stock a “buy” rating in a report on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company. Levi Strauss & Co. currently has an average rating of “Buy” and an average target price of $24.43.

A number of institutional investors have recently modified their holdings of the business. Advisor Group Inc. boosted its holdings in Levi Strauss & Co. by 5.7% in the 2nd quarter. Advisor Group Inc. now owns 21,161 shares of the blue-jean maker’s stock valued at $442,000 after purchasing an additional 1,136 shares during the period. Artemis Investment Management LLP lifted its holdings in shares of Levi Strauss & Co. by 5.0% during the 2nd quarter. Artemis Investment Management LLP now owns 51,319 shares of the blue-jean maker’s stock worth $1,040,000 after acquiring an additional 2,446 shares during the period. NumerixS Investment Technologies Inc bought a new position in shares of Levi Strauss & Co. during the 2nd quarter worth about $58,000. Aperio Group LLC bought a new position in shares of Levi Strauss & Co. during the 2nd quarter worth about $62,000. Finally, Parallel Advisors LLC lifted its holdings in shares of Levi Strauss & Co. by 78.2% during the 3rd quarter. Parallel Advisors LLC now owns 8,204 shares of the blue-jean maker’s stock worth $156,000 after acquiring an additional 3,600 shares during the period. 10.37% of the stock is owned by hedge funds and other institutional investors.

Levi Strauss & Co. Company Profile

Levi Strauss & Co designs, markets, and sells jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear, and related accessories for men, women, and children. The company sells its products under the Levi's, Dockers, Signature by Levi Strauss & Co, and Denizen brands; and also licenses its Levi's and Dockers trademarks for various product categories, including footwear, belts, wallets and bags, outerwear, sweaters, dress shirts, kids wear, sleepwear, and hosiery.

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Insider Buying and Selling by Quarter for Levi Strauss & Co. (NYSE:LEVI)

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