Tracy Scheuerman Acquires 10,000 Shares of Helen of Troy Limited (NASDAQ:HELE) Stock

Helen of Troy Limited (NASDAQ:HELE - Get Free Report) CFO Tracy Scheuerman acquired 10,000 shares of the stock in a transaction that occurred on Tuesday, July 15th. The shares were bought at an average price of $20.13 per share, with a total value of $201,300.00. Following the completion of the transaction, the chief financial officer owned 33,041 shares in the company, valued at $665,115.33. This represents a 43.40% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Helen of Troy Trading Down 7.6%

NASDAQ HELE traded down $1.66 on Tuesday, reaching $20.05. The company had a trading volume of 2,211,646 shares, compared to its average volume of 626,649. The firm has a market cap of $459.95 million, a price-to-earnings ratio of -1.38, a P/E/G ratio of 1.08 and a beta of 0.87. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.70 and a quick ratio of 0.74. Helen of Troy Limited has a fifty-two week low of $19.95 and a fifty-two week high of $77.95. The business has a 50 day moving average of $28.16 and a two-hundred day moving average of $43.50.

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

Institutional Investors Weigh In On Helen of Troy

Institutional investors and hedge funds have recently made changes to their positions in the business. Canada Pension Plan Investment Board increased its position in shares of Helen of Troy by 66.7% during the fourth quarter. Canada Pension Plan Investment Board now owns 500 shares of the company's stock worth $30,000 after acquiring an additional 200 shares in the last quarter. Swiss National Bank raised its position in Helen of Troy by 0.9% in the fourth quarter. Swiss National Bank now owns 45,000 shares of the company's stock worth $2,692,000 after acquiring an additional 400 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Helen of Troy by 3.8% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,970 shares of the company's stock worth $776,000 after buying an additional 477 shares during the last quarter. Amundi increased its holdings in Helen of Troy by 40.9% in the 4th quarter. Amundi now owns 1,651 shares of the company's stock worth $97,000 after acquiring an additional 479 shares during the last quarter. Finally, Sterling Capital Management LLC boosted its stake in Helen of Troy by 844.7% in the 4th quarter. Sterling Capital Management LLC now owns 718 shares of the company's stock worth $43,000 after purchasing an additional 642 shares during the period.

Wall Street Analyst Weigh In

HELE has been the topic of a number of research reports. UBS Group set a $29.00 target price on shares of Helen of Troy and gave the stock a "neutral" rating in a research note on Friday. Wall Street Zen cut Helen of Troy from a "buy" rating to a "hold" rating in a report on Friday, May 2nd. Finally, Canaccord Genuity Group reissued a "hold" rating and set a $26.00 price target (down from $47.00) on shares of Helen of Troy in a research note on Friday.

About Helen of Troy

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.

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