Insider Selling: Levi Strauss & Co. (NYSE:LEVI) EVP Sells 3,494 Shares of Stock

Levi Strauss & Co. (NYSE:LEVI) EVP Jason Gowans sold 3,494 shares of the firm’s stock in a transaction on Wednesday, November 4th. The shares were sold at an average price of $23.86, for a total value of $83,366.84. Following the completion of the sale, the executive vice president directly owned 88,705 shares of the company’s stock, valued at approximately $2,116,501.30. This trade represents a 3.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Levi Strauss & Co. Price Performance

Shares of NYSE LEVI traded down $0.21 during trading on Friday, hitting $22.89. 2,299,352 shares of the company were exchanged, compared to its average volume of 2,892,718. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.63 and a quick ratio of 1.00. Levi Strauss & Co. has a 1 year low of $17.72 and a 1 year high of $25.70. The company has a market cap of $8.78 billion, a price-to-earnings ratio of 15.26, a PEG ratio of 1.43 and a beta of 1.30. The firm’s fifty day moving average price is $20.60 and its 200 day moving average price is $21.73.

Levi Strauss & Co. (NYSE:LEVI) last announced its quarterly earnings results on Wednesday, October 7th. The blue-jean maker reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.12. Levi Strauss & Co. had a net margin of 8.83% and a return on equity of 27.40%. The business had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.62 billion. During the same quarter last year, the firm posted $0.34 EPS. The business’s revenue was up 4.3% compared to the same quarter last year. Levi Strauss & Co. has set its FY 2026 guidance at 1.540-1.560 EPS. On average, sell-side analysts expect that Levi Strauss & Co. will post 1.56 earnings per share for the current fiscal year.

Levi Strauss & Co. Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 4th. Shareholders of record on Wednesday, October 21st were given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 2.8%. The ex-dividend date was Wednesday, October 21st. Levi Strauss & Co.’s dividend payout ratio is presently 42.67%.

Institutional Investors Weigh In On Levi Strauss & Co.

Several institutional investors and hedge funds have recently made changes to their positions in the business. Fund 1 Investments LLC acquired a new stake in Levi Strauss & Co. in the 2nd quarter valued at about $3,318,000. Engineers Gate Manager LP raised its position in Levi Strauss & Co. by 74.3% during the second quarter. Engineers Gate Manager LP now owns 811,600 shares of the blue-jean maker’s stock worth $20,152,000 after acquiring an additional 345,855 shares during the last quarter. Jones Financial Companies Lllp raised its position in Levi Strauss & Co. by 42.8% during the second quarter. Jones Financial Companies Lllp now owns 180,423 shares of the blue-jean maker’s stock worth $4,428,000 after acquiring an additional 54,107 shares during the last quarter. Hsbc Holdings PLC acquired a new position in Levi Strauss & Co. during the fourth quarter worth about $1,887,000. Finally, Susquehanna Fundamental Investments LLC purchased a new stake in shares of Levi Strauss & Co. in the second quarter valued at about $2,203,000. 69.14% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on LEVI shares. UBS Group reiterated a “buy” rating on shares of Levi Strauss & Co. in a research report on Wednesday, September 23rd. Weiss Ratings lowered Levi Strauss & Co. from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, October 20th. Wall Street Zen cut Levi Strauss & Co. from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 3rd. Bank of America dropped their price objective on Levi Strauss & Co. from $27.00 to $25.00 and set a “buy” rating for the company in a research note on Thursday, October 8th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $27.00 price objective on shares of Levi Strauss & Co. in a research note on Thursday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Levi Strauss & Co. has an average rating of “Moderate Buy” and a consensus target price of $26.92.

About Levi Strauss & Co.

Levi Strauss & Co (NYSE: LEVI) is an apparel company best known for its Levi’s brand of denim jeans and casualwear. Founded in 1853 by Levi Strauss, the company has developed a broad portfolio of apparel, accessories and footwear designed for consumers worldwide.

The company’s brands include Levi’s, Dockers, Beyond Yoga and Signature by Levi Strauss & Co Its products are sold through company-operated and franchised stores, e-commerce platforms, department stores, specialty retailers and other wholesale channels.

Levi Strauss & Co serves customers across the Americas, Europe and Asia, with operations spanning product design, marketing, distribution and retail.