Barnes & Noble Education Inc (NYSE:BNED) EVP Kanuj Malhotra sold 21,000 shares of the business’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $4.48, for a total transaction of $94,080.00.

BNED stock opened at $3.25 on Thursday. The firm’s 50-day moving average price is $3.51 and its two-hundred day moving average price is $3.88. Barnes & Noble Education Inc has a 12-month low of $2.89 and a 12-month high of $7.78. The stock has a market capitalization of $191.38 million, a price-to-earnings ratio of 5.74 and a beta of 1.76. The company has a current ratio of 1.16, a quick ratio of 0.18 and a debt-to-equity ratio of 0.71.

Barnes & Noble Education (NYSE:BNED) last announced its quarterly earnings results on Tuesday, August 27th. The specialty retailer reported ($0.64) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.81) by $0.17. Barnes & Noble Education had a negative net margin of 0.89% and a positive return on equity of 7.23%. The company had revenue of $319.70 million for the quarter, compared to analysts’ expectations of $327.57 million. During the same quarter in the previous year, the company earned ($0.82) earnings per share. Barnes & Noble Education’s quarterly revenue was down 5.3% on a year-over-year basis.

Several hedge funds and other institutional investors have recently made changes to their positions in BNED. Point72 Hong Kong Ltd increased its position in shares of Barnes & Noble Education by 132.7% during the second quarter. Point72 Hong Kong Ltd now owns 8,299 shares of the specialty retailer’s stock valued at $28,000 after buying an additional 4,733 shares during the period. BNP Paribas Arbitrage SA increased its position in shares of Barnes & Noble Education by 108.5% during the first quarter. BNP Paribas Arbitrage SA now owns 9,317 shares of the specialty retailer’s stock valued at $39,000 after buying an additional 4,848 shares during the period. AMP Capital Investors Ltd purchased a new position in shares of Barnes & Noble Education during the second quarter valued at about $44,000. OMERS ADMINISTRATION Corp purchased a new position in shares of Barnes & Noble Education during the second quarter valued at about $50,000. Finally, Ardsley Advisory Partners LP purchased a new position in shares of Barnes & Noble Education during the second quarter valued at about $57,000. Institutional investors own 73.77% of the company’s stock.

A number of equities analysts have issued reports on the stock. ValuEngine cut shares of Barnes & Noble Education from a “sell” rating to a “strong sell” rating in a research report on Tuesday. Sidoti cut shares of Barnes & Noble Education from a “buy” rating to a “neutral” rating and set a $4.00 price objective on the stock. in a research report on Tuesday. Finally, TheStreet cut shares of Barnes & Noble Education from a “c-” rating to a “d” rating in a research report on Wednesday, June 26th.

About Barnes & Noble Education

Barnes & Noble Education, Inc operates bookstores for college and university campuses, and K-12 institutions in the United States. It operates in three segments: Barnes & Noble College, MBS Textbook Exchange, and Digital Student Solutions. The Barnes & Noble College segment sells and rents course material; offers a suite of digital content, software, and services through its LoudCloud platform, as well as e-textbooks; and sells general merchandise, including collegiate and athletic apparel, other custom-branded school spirit products, technology, supplies, and convenience items.

Further Reading: How Investors Use a Balance Sheet

Receive News & Ratings for Barnes & Noble Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barnes & Noble Education and related companies with MarketBeat.com's FREE daily email newsletter.