Today, a Director at Pier 1 Imports (NYSE: PIR), Terry London, bought shares of PIR for $23.1K.
This is London’s first transaction since reporting a Sell transaction on JOUT back in August 2017 This recent transaction increases Terry London’s holding in the company by 2.75% to a total of $834.6K.
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PIR’s market cap is $185.7M and the company has a P/E ratio of 15.57. The company has a one-year high of $6.93 and a one-year low of $2.15. Currently, Pier 1 Imports has an average volume of 1.89M.
Based on 3 analyst ratings, the analyst consensus is Moderate Sell with an average price target of $3.00, reflecting a -27.3% downside. 14 different firms, including Argus Research and BTIG, currently also have a Buy rating on the stock.
The insider sentiment on Pier 1 Imports has been neutral according to 243 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Terry London’s trades have generated a -9.8% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Pier 1 Imports, Inc. is engaged in providing retail sales of decorative home furnishings, furniture and gifts. Its products include decorative home furnishings, dining, kitchen goods, bath, bedding accessories, and specialty items for the home. The company was founded in 1962 and is headquartered in Fort Worth, TX.
