The SVP HR of Shutterfly (SFLY) is Selling Shares


Today, the SVP HR of Shutterfly (NASDAQ: SFLY), Tracy Layney, sold shares of SFLY for $1.02M.

Following Tracy Layney’s last SFLY Sell transaction on February 21, 2018, the stock climbed by 18.6%. In addition to Tracy Layney, one other SFLY executive reported Sell trades in the last month.

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Based on Shutterfly’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $200 million and GAAP net loss of $27.17 million. In comparison, last year the company earned revenue of $192 million and had a GAAP net loss of $33.19 million. SFLY’s market cap is $3.15B and the company has a P/E ratio of 87.60. Currently, Shutterfly has an average volume of 608.8K.

Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $97.00, reflecting a -2.5% downside.

The insider sentiment on Shutterfly has been negative according to 77 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Tracy Layney’s trades have generated a -38.7% 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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Shutterfly, Inc. engages in the provision of digital personalized photo products and services. It operates through the Consumer and Shutterfly Business Solutions segments.

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