Several other hedge funds and other institutional investors have also bought and sold shares of PFSW. Bank of New York Mellon Corp lifted its position in shares of PFSweb by 23.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 105,018 shares of the business services provider’s stock worth $777,000 after purchasing an additional 20,236 shares during the last quarter. BlackRock Inc. lifted its position in shares of PFSweb by 0.8% during the 3rd quarter. BlackRock Inc. now owns 1,039,341 shares of the business services provider’s stock worth $7,691,000 after purchasing an additional 8,291 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of PFSweb by 4.0% during the 3rd quarter. Vanguard Group Inc. now owns 898,497 shares of the business services provider’s stock worth $6,649,000 after purchasing an additional 34,480 shares during the last quarter. Vanguard Group Inc lifted its position in shares of PFSweb by 4.0% during the 3rd quarter. Vanguard Group Inc now owns 898,497 shares of the business services provider’s stock worth $6,649,000 after purchasing an additional 34,480 shares during the last quarter. Finally, Teton Advisors Inc. lifted its position in shares of PFSweb by 1.8% during the 4th quarter. Teton Advisors Inc. now owns 336,022 shares of the business services provider’s stock worth $1,724,000 after purchasing an additional 6,060 shares during the last quarter. 57.65% of the stock is owned by institutional investors and hedge funds.
In other news, Director Benjamin L. Rosenzweig purchased 9,868 shares of the business’s stock in a transaction on Monday, March 25th. The stock was purchased at an average price of $5.02 per share, with a total value of $49,537.36. Following the acquisition, the director now directly owns 6,868 shares in the company, valued at approximately $34,477.36. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Benjamin L. Rosenzweig purchased 6,868 shares of the business’s stock in a transaction on Friday, March 22nd. The stock was purchased at an average cost of $5.04 per share, with a total value of $34,614.72. Following the acquisition, the director now owns 6,868 shares in the company, valued at $34,614.72. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 18,971 shares of company stock valued at $93,292. Insiders own 6.50% of the company’s stock.
PFSweb stock opened at $3.71 on Thursday. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 1.51. The company has a market capitalization of $75.91 million, a price-to-earnings ratio of 12.79 and a beta of 0.46. PFSweb, Inc. has a 12 month low of $3.69 and a 12 month high of $11.86.
PFSweb (NASDAQ:PFSW) last posted its quarterly earnings results on Thursday, May 9th. The business services provider reported ($0.02) EPS for the quarter. The firm had revenue of $72.15 million during the quarter. PFSweb had a net margin of 0.25% and a return on equity of 12.07%.
Several equities analysts recently weighed in on PFSW shares. ValuEngine raised PFSweb from a “sell” rating to a “hold” rating in a research report on Monday, February 4th. Needham & Company LLC reaffirmed a “buy” rating and issued a $9.00 price target (down previously from $12.00) on shares of PFSweb in a report on Tuesday, March 19th. Lake Street Capital set a $10.00 price target on PFSweb and gave the company a “buy” rating in a report on Tuesday, March 19th. They noted that the move was a valuation call. Craig Hallum cut PFSweb from a “buy” rating to a “hold” rating in a report on Tuesday, March 19th. Finally, TheStreet cut PFSweb from a “c-” rating to a “d” rating in a report on Friday, May 10th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $9.44.
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PFSweb Profile
PFSweb, Inc provides omni-channel commerce solutions in the United States, Europe, Canada, and India. It operates through two segments, LiveArea Professional Services and PFS Operations. The company offers strategic commerce consulting services, including commerce strategy, omni-channel consulting, digital opportunity audit, organizational/operational readiness, and platform evaluation/selection services; and design and digital marketing services, such as design, user experience, interactive development, search engine optimization and paid search, affiliate marketing, conversion optimization, storefront management, email marketing, and digital analytics.
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