Stamps.com Inc. (NASDAQ:STMP) insider Amine Khechfe sold 1,200 shares of Stamps.com stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $202.90, for a total value of $243,480.00. The sale was disclosed in a filing with the SEC, which is available at this link.

Amine Khechfe also recently made the following trade(s):

  • On Friday, September 1st, Amine Khechfe sold 1,200 shares of Stamps.com stock. The stock was sold at an average price of $191.25, for a total value of $229,500.00.
  • On Tuesday, August 1st, Amine Khechfe sold 1,200 shares of Stamps.com stock. The stock was sold at an average price of $149.05, for a total value of $178,860.00.

Shares of Stamps.com Inc. (NASDAQ:STMP) traded up 0.56% during mid-day trading on Wednesday, hitting $216.95. The company’s stock had a trading volume of 236,903 shares. The company has a market cap of $3.67 billion, a price-to-earnings ratio of 35.09 and a beta of -0.04. Stamps.com Inc. has a 52-week low of $89.26 and a 52-week high of $220.25. The stock’s 50 day moving average price is $201.62 and its 200 day moving average price is $153.39.

Stamps.com (NASDAQ:STMP) last released its quarterly earnings results on Wednesday, August 2nd. The software maker reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.36. The firm had revenue of $116.14 million for the quarter, compared to analysts’ expectations of $99.29 million. Stamps.com had a return on equity of 34.46% and a net margin of 26.66%. The company’s revenue was up 38.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.94 EPS. Equities analysts forecast that Stamps.com Inc. will post $8.05 EPS for the current year.

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STMP has been the topic of a number of recent analyst reports. ValuEngine upgraded Stamps.com from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research upgraded Stamps.com from a “hold” rating to a “strong-buy” rating and set a $222.00 price target on the stock in a report on Tuesday, August 29th. Craig Hallum set a $230.00 price target on Stamps.com and gave the stock a “buy” rating in a report on Friday, August 25th. Roth Capital lifted their price target on Stamps.com from $166.00 to $203.00 and gave the stock a “buy” rating in a report on Thursday, August 3rd. Finally, Northland Securities reiterated a “buy” rating and set a $200.00 price target on shares of Stamps.com in a report on Thursday, September 14th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $204.57.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in STMP. State Board of Administration of Florida Retirement System lifted its holdings in shares of Stamps.com by 4.5% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 9,321 shares of the software maker’s stock valued at $1,103,000 after buying an additional 400 shares during the period. First Trust Advisors LP lifted its holdings in shares of Stamps.com by 54.3% during the 1st quarter. First Trust Advisors LP now owns 14,234 shares of the software maker’s stock valued at $1,685,000 after buying an additional 5,011 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of Stamps.com by 2.0% during the 1st quarter. Bank of New York Mellon Corp now owns 260,239 shares of the software maker’s stock valued at $30,799,000 after buying an additional 5,095 shares during the period. BNP Paribas Arbitrage SA lifted its holdings in shares of Stamps.com by 11.3% during the 1st quarter. BNP Paribas Arbitrage SA now owns 3,283 shares of the software maker’s stock valued at $389,000 after buying an additional 332 shares during the period. Finally, UBS Asset Management Americas Inc. lifted its holdings in shares of Stamps.com by 31.9% during the 1st quarter. UBS Asset Management Americas Inc. now owns 8,693 shares of the software maker’s stock valued at $1,029,000 after buying an additional 2,101 shares during the period.

About Stamps.com

Stamps.com Inc is a provider of Internet-based mailing and shipping solutions in the United States. The Company offers mailing and shipping products and services to its customers under the Stamps.com, Endicia, ShipStation, ShipWorks and ShippingEasy brands. It operates through the Internet Mailing and Shipping Services segment.

Insider Buying and Selling by Quarter for Stamps.com (NASDAQ:STMP)

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