Gap Inc (NYSE:GPS) EVP Julie Gruber sold 5,462 shares of the firm’s stock in a transaction that occurred on Tuesday, December 26th. The stock was sold at an average price of $35.00, for a total transaction of $191,170.00. Following the sale, the executive vice president now directly owns 11,988 shares of the company’s stock, valued at approximately $419,580. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Julie Gruber also recently made the following trade(s):

  • On Monday, December 4th, Julie Gruber sold 7,133 shares of GAP stock. The stock was sold at an average price of $34.00, for a total transaction of $242,522.00.
  • On Friday, November 17th, Julie Gruber sold 642 shares of GAP stock. The stock was sold at an average price of $30.00, for a total transaction of $19,260.00.

Gap Inc (NYSE GPS) traded down $0.45 during mid-day trading on Thursday, reaching $34.49. The company’s stock had a trading volume of 2,142,600 shares, compared to its average volume of 5,903,982. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.73 and a quick ratio of 0.77. The company has a market capitalization of $13,590.00, a PE ratio of 15.82, a price-to-earnings-growth ratio of 2.05 and a beta of 0.95. Gap Inc has a 12 month low of $21.02 and a 12 month high of $35.24.

GAP (NYSE:GPS) last posted its earnings results on Thursday, November 16th. The apparel retailer reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.03. The company had revenue of $3.84 billion for the quarter, compared to analysts’ expectations of $3.76 billion. GAP had a return on equity of 27.47% and a net margin of 5.57%. The firm’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same period last year, the business posted $0.60 earnings per share. analysts predict that Gap Inc will post 2.1 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Wednesday, January 3rd will be paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 2.67%. The ex-dividend date of this dividend is Tuesday, January 2nd. GAP’s payout ratio is 42.20%.

GPS has been the subject of a number of recent analyst reports. Zacks Investment Research downgraded shares of GAP from a “buy” rating to a “hold” rating in a research report on Monday, October 23rd. Royal Bank of Canada reissued a “hold” rating and set a $26.00 price target on shares of GAP in a research report on Monday, September 18th. ValuEngine raised shares of GAP from a “hold” rating to a “buy” rating in a research report on Thursday, September 7th. Oppenheimer set a $33.00 price target on shares of GAP and gave the stock a “buy” rating in a research report on Monday, October 30th. Finally, TheStreet downgraded shares of GAP from a “b” rating to a “c+” rating in a research report on Monday, November 13th. Four research analysts have rated the stock with a sell rating, twenty-three have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $28.18.

A number of hedge funds have recently bought and sold shares of the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in GAP by 0.5% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 16,354 shares of the apparel retailer’s stock valued at $360,000 after buying an additional 80 shares during the last quarter. Stephens Inc. AR lifted its stake in GAP by 3.4% in the second quarter. Stephens Inc. AR now owns 15,097 shares of the apparel retailer’s stock valued at $332,000 after buying an additional 501 shares during the last quarter. ProShare Advisors LLC lifted its stake in GAP by 1.1% in the second quarter. ProShare Advisors LLC now owns 47,619 shares of the apparel retailer’s stock valued at $1,047,000 after buying an additional 536 shares during the last quarter. Norinchukin Bank The lifted its stake in GAP by 7.2% in the second quarter. Norinchukin Bank The now owns 15,277 shares of the apparel retailer’s stock valued at $336,000 after buying an additional 1,021 shares during the last quarter. Finally, Bancorpsouth Inc. lifted its stake in GAP by 3.5% in the second quarter. Bancorpsouth Inc. now owns 30,665 shares of the apparel retailer’s stock valued at $674,000 after buying an additional 1,050 shares during the last quarter. Institutional investors own 54.58% of the company’s stock.

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GAP Company Profile

The Gap, Inc (Gap Inc) is an apparel retail company. The Company offers apparel, accessories and personal care products for men, women and children under the Gap, Banana Republic, Old Navy, Athleta and Intermix brands. Its products are available to customers online through Company-owned Websites and through the use of third-parties that provide logistics and fulfillment services.

Insider Buying and Selling by Quarter for GAP (NYSE:GPS)

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