Allison Sells 66217 Shares of Office Depot Inc (ODP) Stock


At the time of the dealing, the average market stock price of Office Depot Inc was $5.1, making the insider transaction worth $336,449 U.S. Dollars. ATR can display volatility of stocks, ETFs and indexes. Following the completion of the sale, the executive vice president now directly owns 443,586 shares of the company's stock, valued at $2,027,188.02.

A number of hedge funds have recently added to or reduced their stakes in ODP.

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Office Depot (NASDAQ:ODP) last issued its quarterly earnings data on Tuesday, May 9th. Finally, Telsey Advisory Group increased their price objective on Office Depot from $4.40 to $5.25 and gave the company a "market perform" rating in a report on Wednesday, May 10th. For now, Twitter, the toast of Wall Street as its ABR stands at 3.30 with 2 out of 38 analysts rating the stock a buy. Loop Capital restated a "hold" rating and set a $5.00 target price on shares of Office Depot in a report on Monday, February 27th.

Office Depot, Inc. (ODP) now has P/E (Price to Earnings) ratio of 4.07 while the company's industry has 32.58 P/E and the sector P/E is 22.96.

During last 5 trades the stock sticks nearly -1.33%.

Beta is also an important valuation ratio for analyzing the stock of the company, ODP has Beta of 2.9 while its industry and Sector's beta remains at 1.03 and 1.33 respectively.

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While looking at the Stock's Performance, Office Depot, Inc. now shows a Weekly Performance of -1.37%, where Monthly Performance is 5.23%, Quarterly performance is 13.21%, 6 Months performance is 17.5% and yearly performance percentage is 45.99%. The firm's 50 day moving average is $4.86 and its 200-day moving average is $4.57.

On the last trading day, Office Depot, Inc. Equities analysts anticipate that Office Depot Inc will post $0.52 earnings per share for the current fiscal year. The firm had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.71 billion. Return on Equity (ROE) stands at 0% and Return on Investment (ROI) of 24.2 percent. California State Teachers Retirement System raised its position in Office Depot by 0.9% in the third quarter. The analysts estimated sales for the higher end at 2513 million and lower end at 2409.57 million while the year ago reported sale was 3055.59 million.

TRADEMARK VIOLATION WARNING: This report was first published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this news story on another site, it was illegally copied and reposted in violation of United States and global copyright and trademark laws. Stockholders of record on Thursday, May 25th will be paid a $0.025 dividend. The stock decreased 1.18% or $0.25 during the last trading session, reaching $21. The ex-dividend date of this dividend is Tuesday, May 23rd. Office Depot's dividend payout ratio (DPR) is now 17.54%. The stock was sold at an average price of $4.61, for a total transaction of $161,350.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

In other news, Chairman Joseph Vassalluzzo bought 25,000 shares of Office Depot stock in a transaction that occurred on Wednesday, March 15th. Following the acquisition, the chairman now owns 84,534 shares in the company, valued at $397,309.80. The disclosure for this purchase can be found here. In the last ninety days, insiders have sold 166,619 shares of company stock valued at $797,274. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them. Thrivent Financial for Lutherans raised its position in Office Depot by 6.9% in the fourth quarter. Elkfork Partners LLC bought a new stake in Office Depot during the fourth quarter worth $105,000.

Currently, the market capitalization of Office Depot, Inc. BlackRock Advisors LLC now owns 288,413 shares of the specialty retailer's stock worth $1,030,000 after buying an additional 26,804 shares during the period. Envestnet Asset Management Inc. raised its stake in Office Depot by 8.2% in the first quarter.

According to Finviz reported data, The SMA20 of the stock is at -0.4 percent, SMA50 is 4.64 percent, while SMA200 is 18.62 percent.