Posted by admin on May 27th, 2022
Blue Apron Holdings, Inc. (NYSE:APRN – Get Rating) CTO Irina Krechmer sold 3,488 shares of the company’s stock in a transaction dated Thursday, May 26th. The shares were sold at an average price of $3.08, for a total transaction of $10,743.04. Following the transaction, the chief technology officer now directly owns 42,303 shares of the company’s stock, valued at approximately $130,293.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Irina Krechmer also recently made the following trade(s):
NYSE APRN traded up $0.24 on Friday, reaching $3.34. The company’s stock had a trading volume of 936,418 shares, compared to its average volume of 1,919,000. The firm has a market cap of $114.79 million, a PE ratio of -0.78 and a beta of -2.96. The business has a 50-day moving average price of $3.83 and a 200 day moving average price of $6.13. Blue Apron Holdings, Inc. has a 52 week low of $2.85 and a 52 week high of $12.76. The company has a current ratio of 1.20, a quick ratio of 0.91 and a debt-to-equity ratio of 1.21.
Blue Apron (NYSE:APRN – Get Rating) last posted its earnings results on Monday, May 9th. The company reported ($1.17) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.63) by ($0.54). Blue Apron had a negative net margin of 24.24% and a negative return on equity of 191.76%.
Separately, Canaccord Genuity Group cut their price objective on shares of Blue Apron from $12.00 to $10.00 and set a “buy” rating for the company in a research report on Tuesday, May 10th.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Advisor Group Holdings Inc. grew its stake in Blue Apron by 27.1% during the third quarter. Advisor Group Holdings Inc. now owns 5,626 shares of the company’s stock worth $40,000 after buying an additional 1,200 shares during the last quarter. NEXT Financial Group Inc bought a new stake in Blue Apron during the fourth quarter worth about $42,000. First Citizens Bank & Trust Co. bought a new stake in Blue Apron during the first quarter worth about $41,000. Verition Fund Management LLC bought a new stake in Blue Apron during the third quarter worth about $87,000. Finally, Landscape Capital Management L.L.C. bought a new stake in Blue Apron during the first quarter worth about $49,000.
About Blue Apron (Get Rating)
Blue Apron Holdings, Inc operates a direct-to-consumer platform that delivers original recipes with fresh and seasonal ingredients. It also operates Blue Apron Market, an e-commerce market that provides cooking tools, utensils, pantry items, and other products. In addition, the company offers Blue Apron Wine, a direct-to-consumer wine delivery service that sells wines, which can be paired with its meals.
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