A Director at American Eagle (AEO) is Selling Shares


Today, a Director at American Eagle (NYSE: AEO), David Sable, sold shares of AEO for $245K.

In addition to David Sable, 2 other AEO executives reported Sell trades in the last month.

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Based on American Eagle’s latest earnings report for the quarter ending April 30, the company posted quarterly revenue of $823 million and quarterly net profit of $39.93 million. In comparison, last year the company earned revenue of $762 million and had a net profit of $25.24 million. AEO’s market cap is $4.27B and the company has a P/E ratio of 19.84. Currently, American Eagle has an average volume of 3.37M.

Four different firms, including Citigroup and Cowen & Co., currently also have a Sell rating on the stock. Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $24.20, reflecting a -1.7% downside.

The insider sentiment on American Eagle has been negative according to 56 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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American Eagle Outfitters, Inc. is a multi-brand specialty retailer. It offers an assortment of apparel and accessories for men and women under the American Eagle Outfitters brand, and intimates, apparel and personal care products for women under the Aerie brand.

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