EVINE Live Inc (EVLV) Stake Lessened by Private Capital Advisors Inc.
Private Capital Advisors Inc. decreased its position in EVINE Live Inc (NASDAQ:EVLV) by 70.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 791,361 shares of the company’s stock after selling 1,896,234 shares during the quarter. Private Capital Advisors Inc.’s holdings in EVINE Live were worth $1,108,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Royce & Associates LP grew its position in EVINE Live by 26.7% during the second quarter. Royce & Associates LP now owns 666,393 shares of the company’s stock valued at $666,000 after buying an additional 140,400 shares during the period. Teton Advisors Inc. grew its position in EVINE Live by 15.7% during the third quarter. Teton Advisors Inc. now owns 369,200 shares of the company’s stock valued at $384,000 after buying an additional 50,000 shares during the period. Macquarie Group Ltd. bought a new position in EVINE Live during the third quarter valued at about $251,000. Finally, Goldman Sachs Group Inc. grew its position in EVINE Live by 71.5% during the second quarter. Goldman Sachs Group Inc. now owns 236,762 shares of the company’s stock valued at $237,000 after buying an additional 98,744 shares during the period. Hedge funds and other institutional investors own 33.30% of the company’s stock.
EVINE Live Inc (NASDAQ EVLV) traded down $0.03 on Friday, reaching $1.45. 167,781 shares of the company traded hands, compared to its average volume of 244,556. The company has a market capitalization of $95.39, a price-to-earnings ratio of -20.71, a P/E/G ratio of 71.50 and a beta of 3.38. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.13 and a current ratio of 1.90. EVINE Live Inc has a one year low of $0.89 and a one year high of $1.62.
EVINE Live (NASDAQ:EVLV) last posted its quarterly earnings results on Tuesday, November 21st. The company reported ($0.02) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.03) by $0.01. The company had revenue of $150.20 million during the quarter, compared to analyst estimates of $154.80 million. EVINE Live had a negative net margin of 0.66% and a negative return on equity of 5.30%. The firm’s revenue for the quarter was down .9% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.06) earnings per share. equities analysts predict that EVINE Live Inc will post 0.01 EPS for the current year.
EVLV has been the subject of several research reports. ValuEngine upgraded shares of EVINE Live from a “strong sell” rating to a “sell” rating in a research report on Tuesday, October 10th. Zacks Investment Research upgraded shares of EVINE Live from a “sell” rating to a “hold” rating in a research report on Tuesday, October 24th. B. Riley restated a “buy” rating and set a $2.00 price target on shares of EVINE Live in a research report on Wednesday, November 22nd. Finally, DA Davidson initiated coverage on shares of EVINE Live in a research report on Friday, September 22nd. They set a “buy” rating and a $1.30 price target for the company. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $1.95.
In other EVINE Live news, CEO Robert Rosenblatt bought 33,400 shares of the business’s stock in a transaction on Thursday, December 7th. The stock was purchased at an average price of $1.48 per share, for a total transaction of $49,432.00. Following the completion of the transaction, the chief executive officer now directly owns 1,169,284 shares of the company’s stock, valued at $1,730,540.32. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Mark Holdsworth bought 75,000 shares of the business’s stock in a transaction on Thursday, December 14th. The shares were acquired at an average price of $1.50 per share, with a total value of $112,500.00. Following the transaction, the director now directly owns 266,092 shares of the company’s stock, valued at $399,138. The disclosure for this purchase can be found here. Insiders have acquired 124,400 shares of company stock valued at $185,372 in the last quarter. Company insiders own 4.15% of the company’s stock.
EVINE Live Profile
EVINE Live Inc is a digital commerce company. The Company operates through the digital commerce retailing segment. The Company offers a mix of brands directly to consumers in an engaging and informative shopping experience through television (TV), online and mobile devices. It operates an around the clock television shopping network, EVINE Live, which is distributed primarily on cable and satellite systems, through which the Company offers brand products in the categories of jewelry and watches, home and consumer electronics, beauty, and fashion and accessories.
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