American Eagle Outfitters (NYSE:AEO) COO Michael R. Rempell sold 140,075 shares of the company’s stock in a transaction dated Tuesday, June 5th. The stock was sold at an average price of $23.86, for a total transaction of $3,342,189.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Michael R. Rempell also recently made the following trade(s):

  • On Monday, June 11th, Michael R. Rempell sold 137,274 shares of American Eagle Outfitters stock. The stock was sold at an average price of $24.50, for a total transaction of $3,363,213.00.
  • On Wednesday, May 16th, Michael R. Rempell sold 25,000 shares of American Eagle Outfitters stock. The shares were sold at an average price of $22.00, for a total transaction of $550,000.00.
  • On Tuesday, April 3rd, Michael R. Rempell sold 15,000 shares of American Eagle Outfitters stock. The shares were sold at an average price of $20.24, for a total transaction of $303,600.00.
  • On Thursday, March 29th, Michael R. Rempell sold 15,000 shares of American Eagle Outfitters stock. The shares were sold at an average price of $19.92, for a total transaction of $298,800.00.
  • On Friday, March 23rd, Michael R. Rempell sold 9,467 shares of American Eagle Outfitters stock. The shares were sold at an average price of $20.10, for a total transaction of $190,286.70.

AEO traded down $0.41 during trading on Thursday, reaching $23.80. 3,373,446 shares of the company traded hands, compared to its average volume of 4,352,988. American Eagle Outfitters has a 12-month low of $10.23 and a 12-month high of $24.83. The firm has a market cap of $4.34 billion, a P/E ratio of 20.52, a price-to-earnings-growth ratio of 2.34 and a beta of 1.04.

American Eagle Outfitters (NYSE:AEO) last announced its quarterly earnings data on Thursday, May 31st. The apparel retailer reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.01. American Eagle Outfitters had a net margin of 5.67% and a return on equity of 18.65%. The business had revenue of $823.00 million during the quarter, compared to analyst estimates of $811.46 million. During the same period last year, the firm posted $0.16 EPS. The company’s revenue was up 8.0% on a year-over-year basis. equities research analysts expect that American Eagle Outfitters will post 1.5 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 27th. Shareholders of record on Friday, July 13th will be issued a dividend of $0.1375 per share. This represents a $0.55 dividend on an annualized basis and a yield of 2.31%. The ex-dividend date is Thursday, July 12th. American Eagle Outfitters’s dividend payout ratio (DPR) is currently 47.41%.

Several equities research analysts have recently commented on AEO shares. Jefferies Financial Group reaffirmed a “buy” rating and set a $24.00 price target on shares of American Eagle Outfitters in a research report on Friday, February 23rd. ValuEngine raised shares of American Eagle Outfitters from a “buy” rating to a “strong-buy” rating in a research report on Friday, March 2nd. Zacks Investment Research lowered shares of American Eagle Outfitters from a “buy” rating to a “hold” rating in a research report on Wednesday, March 7th. Loop Capital started coverage on shares of American Eagle Outfitters in a research report on Thursday, March 22nd. They set a “buy” rating and a $25.00 price target for the company. Finally, B. Riley reissued a “buy” rating and issued a $22.00 target price (up from $20.00) on shares of American Eagle Outfitters in a report on Thursday, March 8th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. American Eagle Outfitters currently has a consensus rating of “Hold” and a consensus price target of $20.56.

Institutional investors and hedge funds have recently made changes to their positions in the business. Advisor Group Inc. grew its holdings in American Eagle Outfitters by 291.6% during the 4th quarter. Advisor Group Inc. now owns 7,257 shares of the apparel retailer’s stock valued at $137,000 after buying an additional 5,404 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new stake in American Eagle Outfitters during the 4th quarter valued at approximately $189,000. Cornerstone Capital Management Holdings LLC. purchased a new stake in American Eagle Outfitters during the 4th quarter valued at approximately $202,000. Emerald Advisers Inc. PA purchased a new stake in American Eagle Outfitters during the 4th quarter valued at approximately $207,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of American Eagle Outfitters by 35.1% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,526 shares of the apparel retailer’s stock valued at $217,000 after acquiring an additional 2,993 shares during the last quarter. 85.39% of the stock is owned by institutional investors and hedge funds.

About American Eagle Outfitters

American Eagle Outfitters, Inc operates as a specialty retailer that provides clothing, accessories, and personal care products under the American Eagle Outfitters and Aerie brands. The company also provides jeans, and other apparel and accessories for men and women; and intimates, activewear, and swim collections, as well as personal care products for women.

Insider Buying and Selling by Quarter for American Eagle Outfitters (NYSE:AEO)

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