Insider Selling: Burlington Stores (NYSE:BURL) CMO Sells $455,627.34 in Stock

Burlington Stores, Inc. (NYSE:BURL – Get Free Report) CMO Jennifer Vecchio sold 1,678 shares of the stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $271.53, for a total transaction of $455,627.34. Following the transaction, the chief marketing officer directly owned 74,305 shares of the company’s stock, valued at $20,176,036.65. This trade represents a 2.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Jennifer Vecchio also recently made the following trade(s):

  • On Monday, August 3rd, Jennifer Vecchio sold 1,678 shares of Burlington Stores stock. The shares were sold at an average price of $369.04, for a total value of $619,249.12.

Burlington Stores Trading Down 1.5%

Shares of BURL stock opened at $272.16 on Thursday. The company has a current ratio of 1.17, a quick ratio of 0.47 and a debt-to-equity ratio of 0.95. The stock has a market capitalization of $17.09 billion, a price-to-earnings ratio of 24.43, a price-to-earnings-growth ratio of 1.68 and a beta of 1.43. Burlington Stores, Inc. has a 12-month low of $226.85 and a 12-month high of $378.33. The stock’s 50-day moving average price is $294.59 and its 200-day moving average price is $315.07.

Burlington Stores (NYSE:BURL – Get Free Report) last announced its quarterly earnings results on Thursday, August 27th. The company reported $2.96 EPS for the quarter, beating analysts’ consensus estimates of $2.19 by $0.77. The company had revenue of $3 billion during the quarter, compared to analyst estimates of $3.03 billion. Burlington Stores had a return on equity of 41.72% and a net margin of 5.85%.The firm’s revenue was up 11.0% on a year-over-year basis. During the same period in the prior year, the company earned $1.72 earnings per share. Burlington Stores has set its Q3 2026 guidance at 1.600-1.700 EPS and its FY 2026 guidance at 11.770-11.970 EPS. Equities research analysts predict that Burlington Stores, Inc. will post 11.93 EPS for the current fiscal year.

Institutional Trading of Burlington Stores

A number of institutional investors have recently bought and sold shares of the stock. B. Metzler seel. Sohn & Co. AG purchased a new stake in shares of Burlington Stores in the second quarter valued at $3,210,000. Bull Harbor Capital LLC bought a new position in Burlington Stores during the 1st quarter valued at about $1,091,000. Advisors Capital Management LLC purchased a new stake in Burlington Stores in the 2nd quarter worth about $3,133,000. Hsbc Holdings PLC lifted its stake in Burlington Stores by 41.4% in the second quarter. Hsbc Holdings PLC now owns 60,706 shares of the company’s stock worth $19,237,000 after purchasing an additional 17,787 shares during the last quarter. Finally, Sculptor Capital LP bought a new stake in Burlington Stores in the second quarter worth about $56,549,000.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Morgan Stanley cut their target price on shares of Burlington Stores from $438.00 to $432.00 and set an “overweight” rating for the company in a report on Friday, August 28th. Wall Street Zen lowered shares of Burlington Stores from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. UBS Group lifted their price objective on shares of Burlington Stores from $435.00 to $440.00 and gave the stock a “buy” rating in a research note on Monday, August 17th. Sanford C. Bernstein reduced their target price on shares of Burlington Stores from $365.00 to $355.00 and set an “outperform” rating on the stock in a report on Friday, August 28th. Finally, Wells Fargo & Company set a $370.00 target price on shares of Burlington Stores in a research report on Friday, August 28th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, Burlington Stores has an average rating of “Moderate Buy” and a consensus price target of $370.75.

Read Our Latest Research Report on Burlington Stores

Burlington Stores Company Profile

(Get Free Report)

Burlington Stores, Inc is an off-price retailer operating under the Burlington brand. The company offers a broad assortment of branded and private-label merchandise at prices generally below those of department stores and specialty retailers.

Its product categories include women’s, men’s and children’s clothing; footwear; accessories; beauty products; home goods; and baby merchandise. Burlington’s stores typically feature a continuously changing selection sourced through opportunistic purchasing, allowing the company to offer seasonal and fashion-oriented products across multiple departments.

The company was founded in 1972 as Burlington Coat Factory Warehouse Corporation and initially focused on selling coats and outerwear.

See Also

Insider Buying and Selling by Quarter for Burlington Stores (NYSE:BURL)

Receive News & Ratings for Burlington Stores Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Burlington Stores and related companies with MarketBeat.com's FREE daily email newsletter.