Insider Selling: Levi Strauss & Co. (NYSE:LEVI) EVP Sells 3,494 Shares of Company Stock

Key Points

• EVP Jason Gowans sold 3,494 Levi Strauss shares at an average price of $23.86, for about $83,367. He retained 88,705 shares after the transaction.
• Levi Strauss reported quarterly EPS of $0.48, beating the $0.36 consensus, while revenue of $1.61 billion slightly missed expectations. Revenue increased 4.3% year over year, and the company set FY 2026 EPS guidance of $1.54–$1.56.
• Analysts hold a “Moderate Buy” consensus rating, with an average price target of $26.92. The company’s quarterly dividend is $0.16 per share, equivalent to a 2.8% yield at the reported share price.

Levi Strauss & Co. (NYSE:LEVI - Get Free Report) EVP Jason Gowans sold 3,494 shares of the business's stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $23.86, for a total value of $83,366.84. Following the sale, the executive vice president owned 88,705 shares of the company's stock, valued at $2,116,501.30. The trade was a 3.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Levi Strauss & Co. Price Performance

LEVI traded down $0.21 during trading on Friday, reaching $22.89. The company's stock had a trading volume of 2,299,352 shares, compared to its average volume of 2,892,718. The company has a market cap of $8.78 billion, a price-to-earnings ratio of 15.26, a PEG ratio of 1.43 and a beta of 1.30. The firm has a fifty day simple moving average of $20.60 and a two-hundred day simple moving average of $21.73. Levi Strauss & Co. has a 1 year low of $17.72 and a 1 year high of $25.70. The company has a quick ratio of 1.00, a current ratio of 1.63 and a debt-to-equity ratio of 0.43.

Levi Strauss & Co. (NYSE:LEVI - Get Free Report) last released its quarterly earnings data on Wednesday, October 7th. The blue-jean maker reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.12. Levi Strauss & Co. had a net margin of 8.83% and a return on equity of 27.40%. The firm had revenue of $1.61 billion during the quarter, compared to analysts' expectations of $1.62 billion. During the same period last year, the business earned $0.34 earnings per share. Levi Strauss & Co.'s revenue was up 4.3% compared to the same quarter last year. Levi Strauss & Co. has set its FY 2026 guidance at 1.540-1.560 EPS. As a group, analysts anticipate that Levi Strauss & Co. will post 1.56 EPS for the current year.

Levi Strauss & Co. Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 4th. Shareholders of record on Wednesday, October 21st were given a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Wednesday, October 21st. Levi Strauss & Co.'s payout ratio is currently 42.67%.

Analyst Ratings Changes

Several research firms have recently commented on LEVI. Wall Street Zen lowered shares of Levi Strauss & Co. from a "strong-buy" rating to a "buy" rating in a research note on Saturday, October 3rd. Raymond James Financial cut their target price on shares of Levi Strauss & Co. from $24.00 to $22.00 and set an "outperform" rating on the stock in a research note on Thursday, October 8th. Needham & Company LLC reiterated a "buy" rating and set a $28.00 target price on shares of Levi Strauss & Co. in a report on Thursday, October 8th. TD Cowen assumed coverage on shares of Levi Strauss & Co. in a report on Friday, October 30th. They set a "strong-buy" rating on the stock. Finally, Bank of America decreased their price target on shares of Levi Strauss & Co. from $27.00 to $25.00 and set a "buy" rating for the company in a research report on Thursday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Levi Strauss & Co. has an average rating of "Moderate Buy" and an average target price of $26.92.

Institutional Investors Weigh In On Levi Strauss & Co.

A number of hedge funds have recently bought and sold shares of LEVI. Bank of New York Mellon Corp increased its stake in shares of Levi Strauss & Co. by 462.4% during the first quarter. Bank of New York Mellon Corp now owns 4,839,861 shares of the blue-jean maker's stock worth $89,489,000 after acquiring an additional 3,979,223 shares during the period. Eastern Bank acquired a new position in Levi Strauss & Co. during the 2nd quarter worth approximately $60,854,000. Swedbank AB acquired a new position in Levi Strauss & Co. during the 1st quarter worth approximately $24,799,000. Engineers Gate Manager LP raised its stake in shares of Levi Strauss & Co. by 74.3% during the 2nd quarter. Engineers Gate Manager LP now owns 811,600 shares of the blue-jean maker's stock worth $20,152,000 after buying an additional 345,855 shares in the last quarter. Finally, Royal Bank of Canada raised its stake in shares of Levi Strauss & Co. by 117.2% during the 1st quarter. Royal Bank of Canada now owns 358,797 shares of the blue-jean maker's stock worth $6,635,000 after buying an additional 193,607 shares in the last quarter. Institutional investors and hedge funds own 69.14% of the company's stock.

About Levi Strauss & Co.

Levi Strauss & Co NYSE: LEVI is an apparel company best known for its Levi's brand of denim jeans and casualwear. Founded in 1853 by Levi Strauss, the company has developed a broad portfolio of apparel, accessories and footwear designed for consumers worldwide.

The company's brands include Levi's, Dockers, Beyond Yoga and Signature by Levi Strauss & Co Its products are sold through company-operated and franchised stores, e-commerce platforms, department stores, specialty retailers and other wholesale channels.

Levi Strauss & Co serves customers across the Americas, Europe and Asia, with operations spanning product design, marketing, distribution and retail.

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