Barnes & Noble Inc. (NYSE:BKS) VP Peter M. Herpich sold 16,369 shares of the stock in a transaction that occurred on Wednesday, November 23rd. The shares were sold at an average price of $12.85, for a total transaction of $210,341.65. Following the completion of the transaction, the vice president now directly owns 21,931 shares of the company’s stock, valued at approximately $281,813.35. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Barnes & Noble Inc. (NYSE:BKS) opened at 12.65 on Tuesday. The company’s market cap is $925.39 million. The stock’s 50 day moving average is $10.92 and its 200 day moving average is $11.55. Barnes & Noble Inc. has a 1-year low of $7.25 and a 1-year high of $13.63.

Barnes & Noble (NYSE:BKS) last issued its quarterly earnings data on Tuesday, November 22nd. The company reported ($0.29) EPS for the quarter, beating the consensus estimate of ($0.34) by $0.05. The company earned $858.50 million during the quarter, compared to analysts’ expectations of $859.78 million. Barnes & Noble had a net margin of 0.36% and a return on equity of 6.14%. Barnes & Noble’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.28) earnings per share. Equities analysts anticipate that Barnes & Noble Inc. will post $0.53 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Barnes & Noble (NYSE:BKS)

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Several equities analysts recently commented on BKS shares. Zacks Investment Research downgraded shares of Barnes & Noble from a “buy” rating to a “hold” rating in a research note on Tuesday, August 23rd. Consumer Edge downgraded shares of Barnes & Noble from an “outperform” rating to an “equal weight” rating in a research note on Wednesday, November 16th. Gabelli downgraded shares of Barnes & Noble from a “buy” rating to a “hold” rating in a research note on Wednesday, August 17th. Finally, Sidoti assumed coverage on shares of Barnes & Noble in a research note on Thursday, August 18th. They set a “neutral” rating and a $13.00 price target for the company. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $15.38.

A number of institutional investors have recently modified their holdings of the stock. Princeton Alpha Management LP boosted its position in shares of Barnes & Noble by 31.5% in the second quarter. Princeton Alpha Management LP now owns 30,538 shares of the company’s stock valued at $347,000 after buying an additional 7,307 shares in the last quarter. GSA Capital Partners LLP boosted its position in shares of Barnes & Noble by 89.9% in the second quarter. GSA Capital Partners LLP now owns 107,785 shares of the company’s stock valued at $1,223,000 after buying an additional 51,031 shares in the last quarter. Commonwealth Equity Services Inc boosted its position in shares of Barnes & Noble by 5.0% in the second quarter. Commonwealth Equity Services Inc now owns 44,266 shares of the company’s stock valued at $502,000 after buying an additional 2,122 shares in the last quarter. State Board of Administration of Florida Retirement System boosted its position in shares of Barnes & Noble by 86.6% in the second quarter. State Board of Administration of Florida Retirement System now owns 68,839 shares of the company’s stock valued at $781,000 after buying an additional 31,948 shares in the last quarter. Finally, California Public Employees Retirement System boosted its position in shares of Barnes & Noble by 9.7% in the second quarter. California Public Employees Retirement System now owns 239,100 shares of the company’s stock valued at $2,714,000 after buying an additional 21,200 shares in the last quarter. 71.88% of the stock is owned by institutional investors.

Barnes & Noble Company Profile

Barnes & Noble, Inc is a bookseller. The Company is a content and commerce company, which provides access to trade books and other content across its multi-channel distribution platform. It operates in two segments: Barnes & Noble Retail (B&N Retail) and NOOK. The Company is engaged in the sale of trade books (generally hardcover and paperback consumer titles), mass market paperbacks (such as mystery, romance, science fiction and other fiction), children’s books, eBooks and other digital content, textbooks and course-related materials, NOOK and related accessories, bargain books, magazines, gifts, cafe products and services, educational toys and games, music and movies direct to customers through its bookstores or on www.barnesandnoble.com.

5 Day Chart for NYSE:BKS

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