Insider Selling: J.Jill (NYSE:JILL) Insider Sells 13,287 Shares

Key Points

• Insider sale: Elliot Staples sold 13,287 J.Jill shares for approximately $321,545, reducing his holdings by 18.06% to 60,270 shares.
• Strong quarterly results: J.Jill reported adjusted earnings of $1.24 per share, beating estimates of $0.57, while revenue of $154.83 million exceeded forecasts.
• Analyst view remains cautious: Despite some bullish ratings and a $25 price target from BTIG, analysts have a consensus “Hold” rating and an average price target of $23.75; the company also declared a quarterly dividend of $0.09 per share.

J.Jill, Inc. (NYSE:JILL - Get Free Report) insider Elliot Staples sold 13,287 shares of the business's stock in a transaction dated Tuesday, September 22nd. The shares were sold at an average price of $24.20, for a total value of $321,545.40. Following the transaction, the insider owned 60,270 shares in the company, valued at $1,458,534. This represents a 18.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

J.Jill Stock Performance

J.Jill stock traded down $0.47 during trading hours on Wednesday, hitting $24.08. The stock had a trading volume of 166,129 shares, compared to its average volume of 88,972. The company has a 50-day moving average of $19.64 and a two-hundred day moving average of $15.88. The company has a quick ratio of 0.86, a current ratio of 1.30 and a debt-to-equity ratio of 0.51. The company has a market cap of $357.86 million, a PE ratio of 13.45 and a beta of 0.87. J.Jill, Inc. has a fifty-two week low of $10.40 and a fifty-two week high of $24.69.

J.Jill (NYSE:JILL - Get Free Report) last announced its quarterly earnings data on Wednesday, September 9th. The specialty retailer reported $1.24 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.67. The company had revenue of $154.83 million for the quarter, compared to analyst estimates of $151.26 million. J.Jill had a return on equity of 28.51% and a net margin of 4.62%. On average, equities research analysts anticipate that J.Jill, Inc. will post 1.23 EPS for the current fiscal year.

J.Jill Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Wednesday, September 23rd will be paid a dividend of $0.09 per share. The ex-dividend date is Wednesday, September 23rd. This represents a $0.36 dividend on an annualized basis and a yield of 1.5%. J.Jill's payout ratio is currently 20.11%.

Wall Street Analyst Weigh In

JILL has been the topic of several recent research reports. Zacks Research upgraded shares of J.Jill from a "strong sell" rating to a "hold" rating in a research report on Friday, June 5th. BTIG Research increased their price target on shares of J.Jill from $18.00 to $25.00 and gave the stock a "buy" rating in a research report on Wednesday, September 9th. TD Cowen restated a "buy" rating on shares of J.Jill in a research note on Thursday, September 10th. William Blair downgraded J.Jill from an "outperform" rating to a "market perform" rating in a report on Thursday, June 11th. Finally, Wall Street Zen upgraded J.Jill from a "hold" rating to a "strong-buy" rating in a research note on Saturday, September 12th. Two research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $23.75.

Institutional Investors Weigh In On J.Jill

Several institutional investors and hedge funds have recently made changes to their positions in JILL. 1492 Capital Management LLC bought a new stake in shares of J.Jill in the 1st quarter worth about $258,000. Janney Montgomery Scott LLC boosted its position in J.Jill by 12.7% in the first quarter. Janney Montgomery Scott LLC now owns 31,129 shares of the specialty retailer's stock valued at $357,000 after buying an additional 3,499 shares in the last quarter. Anchor Capital Advisors LLC grew its stake in J.Jill by 3.7% during the fourth quarter. Anchor Capital Advisors LLC now owns 47,456 shares of the specialty retailer's stock worth $651,000 after buying an additional 1,688 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in J.Jill by 3.0% during the first quarter. Dimensional Fund Advisors LP now owns 279,496 shares of the specialty retailer's stock worth $3,208,000 after buying an additional 8,172 shares during the last quarter. Finally, Royce & Associates LP increased its holdings in shares of J.Jill by 8.3% during the fourth quarter. Royce & Associates LP now owns 1,303,493 shares of the specialty retailer's stock worth $17,884,000 after buying an additional 99,390 shares in the last quarter. Institutional investors and hedge funds own 40.71% of the company's stock.

About J.Jill

J.Jill, Inc NYSE: JILL is a women's apparel retailer focused on providing clothing and accessories for women in a range of sizes. The company's product assortment generally includes casual apparel such as tops, sweaters, dresses, pants, jackets, and outerwear, along with footwear and accessories.

J.Jill serves customers through an omnichannel retail model that combines its branded stores with e-commerce and direct-to-consumer offerings. Its products are designed around comfortable, versatile styling for everyday wear, with the company primarily targeting women seeking relaxed and contemporary apparel.

The company's retail and digital operations serve customers across the United States.

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