Key Points
- Insider buy: CEO Loren Robert D purchased 50,000 shares on December 5 at $0.35 each for $17,500, raising his direct stake to 605,831 shares — a 9% increase in ownership.
- Weak results: Xcel Brands reported a ($2.02) EPS that missed estimates and $1.12M revenue for the quarter, with a negative ROE of 51.46% and a net margin of -437.09%, signaling poor profitability.
- Market and institutional activity: Shares opened at $0.97 (up 4.2%) with a $4.61M market cap and 1-year range $0.74–$7.40, while Citadel Advisors bought ~49,841 shares (about 1.05% ownership); institutions hold 18.55% overall.
Xcel Brands, Inc (NASDAQ:XELB - Get Free Report) CEO Loren Robert D purchased 50,000 shares of Xcel Brands stock in a transaction that occurred on Friday, December 5th. The stock was bought at an average cost of $0.35 per share, for a total transaction of $17,500.00. Following the purchase, the chief executive officer directly owned 605,831 shares in the company, valued at $212,040.85. This trade represents a 9.00% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Xcel Brands Trading Up 4.2%
Shares of XELB opened at $0.97 on Friday. The firm has a market capitalization of $4.61 million, a price-to-earnings ratio of -0.12 and a beta of 0.97. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.51 and a quick ratio of 0.51. Xcel Brands, Inc has a 1-year low of $0.74 and a 1-year high of $7.40. The company has a 50-day moving average of $1.36 and a 200 day moving average of $1.55.
Xcel Brands (NASDAQ:XELB - Get Free Report) last issued its earnings results on Wednesday, November 19th. The textile maker reported ($2.02) EPS for the quarter, missing analysts' consensus estimates of ($0.93) by ($1.09). The company had revenue of $1.12 million during the quarter, compared to the consensus estimate of $1.24 million. Xcel Brands had a negative return on equity of 51.46% and a negative net margin of 437.09%. On average, research analysts expect that Xcel Brands, Inc will post -0.23 EPS for the current year.
Analyst Upgrades and Downgrades
XELB has been the topic of several research reports. Weiss Ratings restated a "sell (e+)" rating on shares of Xcel Brands in a report on Wednesday, October 8th. Maxim Group started coverage on Xcel Brands in a research report on Tuesday, September 23rd. They set a "buy" rating and a $3.00 price target on the stock. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $3.00.
View Our Latest Stock Report on Xcel Brands
Institutional Investors Weigh In On Xcel Brands
An institutional investor recently bought a new position in Xcel Brands stock. Citadel Advisors LLC purchased a new position in Xcel Brands, Inc (NASDAQ:XELB - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 49,841 shares of the textile maker's stock, valued at approximately $88,000. Citadel Advisors LLC owned about 1.05% of Xcel Brands at the end of the most recent quarter. Institutional investors own 18.55% of the company's stock.
About Xcel Brands
(
Get Free Report)
Xcel Brands, Inc, together with its subsidiaries, operates as a media and consumer products company in the United States. The company designs, produces, markets, wholesales, and sells branded apparel, footwear, accessories, jewelry, home goods, and other consumer products; and acquires consumer lifestyle brands, including the Isaac Mizrahi, the LOGO by Lori Goldstein, the Judith Ripka, the Halston brand, the C Wonder, the TowerHill by Christie Brinkley brand (the CB brand), and other brands, as well as manages the Longaberger brand.
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