Brian Grass Purchases 10,000 Shares of Helen of Troy Limited (NASDAQ:HELE) Stock

Helen of Troy Limited (NASDAQ:HELE - Get Free Report) CEO Brian Grass acquired 10,000 shares of the company's stock in a transaction dated Tuesday, July 15th. The stock was purchased at an average cost of $21.47 per share, for a total transaction of $214,700.00. Following the purchase, the chief executive officer directly owned 135,932 shares in the company, valued at approximately $2,918,460.04. This represents a 7.94% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through this link.

Helen of Troy Stock Down 3.5%

Shares of NASDAQ HELE traded down $0.80 during mid-day trading on Friday, hitting $21.90. The company had a trading volume of 790,329 shares, compared to its average volume of 634,499. The company has a market capitalization of $502.29 million, a PE ratio of -1.51, a price-to-earnings-growth ratio of 1.07 and a beta of 0.87. The firm has a 50-day simple moving average of $27.86 and a two-hundred day simple moving average of $42.67. The company has a current ratio of 1.70, a quick ratio of 0.74 and a debt-to-equity ratio of 0.69. Helen of Troy Limited has a one year low of $20.02 and a one year high of $77.95.

Helen of Troy (NASDAQ:HELE - Get Free Report) last announced its quarterly earnings data on Thursday, July 10th. The company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.91 by ($0.50). Helen of Troy had a negative net margin of 17.89% and a positive return on equity of 8.96%. The firm had revenue of $371.66 million for the quarter, compared to analyst estimates of $400.69 million. During the same quarter in the prior year, the firm earned $0.99 earnings per share. The firm's revenue for the quarter was down 10.8% on a year-over-year basis. On average, equities analysts expect that Helen of Troy Limited will post 6.46 EPS for the current year.

Hedge Funds Weigh In On Helen of Troy

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. grew its position in shares of Helen of Troy by 17.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 482,154 shares of the company's stock valued at $28,847,000 after acquiring an additional 72,076 shares during the period. Raymond James Financial Inc. bought a new position in Helen of Troy in the 4th quarter valued at $3,367,000. Amundi boosted its holdings in Helen of Troy by 40.9% in the 4th quarter. Amundi now owns 1,651 shares of the company's stock valued at $97,000 after purchasing an additional 479 shares during the period. Avantax Advisory Services Inc. bought a new position in Helen of Troy in the 4th quarter valued at $803,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in Helen of Troy in the 4th quarter valued at $484,000.

Analyst Ratings Changes

HELE has been the subject of several recent analyst reports. Canaccord Genuity Group reiterated a "hold" rating and set a $26.00 price target (down previously from $47.00) on shares of Helen of Troy in a research note on Friday, July 11th. UBS Group set a $29.00 price objective on Helen of Troy and gave the stock a "neutral" rating in a research report on Friday, July 11th. Finally, Wall Street Zen cut Helen of Troy from a "buy" rating to a "hold" rating in a research report on Friday, May 2nd.

Helen of Troy Company Profile

Helen of Troy Limited provides various consumer products in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates in two segments: Home & Outdoor and Beauty & Wellness. The Home & Outdoor segment offers food storage containers, kitchen utensils for cooking and preparing salads, fruits, vegetables and meats, graters, slicers and choppers, baking essentials, kitchen organization, bath, cleaning, infant and toddler products, and coffee preparation tools and electronics; and insulated beverageware, including bottles, travel tumblers, drinkware, mugs, food and lunch containers, insulated totes, soft coolers, outdoor kitchenware, and accessories.