Stock Traders Purchase High Volume of The Finish Line Call Options (FINL)

Stock Traders Purchase High Volume of The Finish Line Call Options (FINL)

Stock Traders Purchase High Volume of The Finish Line Call Options (FINL)

The firm had revenue of $429.80 million during the quarter, compared to analyst estimates of $433.97 million. $17.30's average target is 83.46% above currents $9.43 stock price. If you are viewing this news story on another site, it was illegally copied and reposted in violation of US and global trademark and copyright legislation. The company's quarterly revenue was down 3.3% compared to the same quarter previous year. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share. The correct version of this piece can be viewed at https://baseballnewssource.com/markets/the-finish-line-inc-finl-given-hold-rating-at-cowen-and-company/1653080.html.

Several equities research analysts have weighed in on the company. Jefferies Group LLC reiterated a "buy" rating and issued a $19.00 target price on shares of The Finish Line in a report on Friday, June 9th. Following the completion of the transaction, the chief operating officer now directly owns 11,862 shares in the company, valued at approximately $257,049.54. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Finish Line, Inc. with MarketBeat.com's FREE daily email newsletter. Finish Line's yield ratio (DPR) is presently -89.80%. The Finish Line updated its Q3 guidance to ($0.32-0.40) EPS and its FY18 guidance to 0.50-0.60 EPS. From the opening price, the stock has seen a change of 1.61% recently clocking in with a price of $21.52.

Nonetheless, Finish Line shares are still reeling from that preliminary announcement, which sent the stock down almost 20% in a single day. Also, COO Melissa A. Greenwell sold 7,525 shares of the stock in a transaction on Saturday, July 15th.

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In related news, COO Melissa A. Greenwell sold 4,077 shares of the business's stock in a transaction that occurred on Saturday, July 29th. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the shares is likely to go up. The disclosure for this sale can be found here.

Total gross profit rose 10.8% to $604 million and used vehicle gross profit per unit was consistent at $2,178 from $2,160 in the same period a year ago. Institutional investors and hedge funds own 99.94% of the company's stock. Can raised its holdings in The Finish Line by 4.5% during the 1st quarter. Robeco Institutional Asset Management B.V. lifted its holdings in The Finish Line by 1,730.8% during the 2nd quarter. Louisiana State Employees Retirement System now owns 16,500 shares of the specialty retailer's stock worth $235,000 after buying an additional 200 shares in the last quarter. The Company is a retailer of athletic shoes, apparel and accessories for men, women and kids, throughout the United States and Puerto Rico. Lastly, Wedbush reiterated a "neutral" recommendation and fixed a $15.00 target price on stock of Finish Line in a note on Fri, Jun 16th. SG Americas Securities acquired a new position in Finish Line through out the Fiscal Q2 worth at about $102,000.

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