Gap, Inc. (The) Target of Unusually Large Options Trading (NYSE:GPS)

Ivan Schwartz
July 17, 2017

Livforsakringsbolaget Skandia Omsesidigt held its position in Gap, Inc.

Global Positioning System has been the subject of a number of research reports. Dimensional Fund Advisors LP now owns 2,079,337 shares of the apparel retailer's stock valued at $46,663,000 after buying an additional 332,422 shares during the period.

The Gap, an apparel retail company.

GPS's fiscal year ends Jan 28, 2017 and the most recent quarter started on April 29, 2017.

A number of hedge funds and other institutional investors have recently bought and sold shares of Global Positioning System. Yorktown Management & Research Co Inc purchased a new position in Gap, Inc. (The) by 66.1% in the first quarter. The stock ended last trade at $21.57 a share and the price is up more than -3.88% so far this year. Vanguard Group Inc. boosted its stake in shares of Gap, Inc. Private Advisor Group LLC boosted its position in shares of Gap, Inc. (The) during the fourth quarter worth approximately $33,632,000. CIBC raised shares of Gap, Inc. (The) by 161.2% in the first quarter. (The) by 18.8% in the first quarter. And it remains to be seen which target price Global Positioning System can achieve without sacrificing much as the company is holding a -2.15% fall for the past twelve months. Gap, Inc. Gap, Inc. "(The) (NYSE:GPS)" was reported by Chaffey Breeze and is owned by of Chaffey Breeze. The company has a 50 day moving average of $22.83 and a 200 day moving average of $23.85. The stock has a market cap of $9.21 billion, a price-to-earnings ratio of 13.46 and a beta of 0.86. (The) also was the recipient of some unusual options trading on Thursday. The California-based Jasper Ridge Partners L.P. has invested 2.89% in the stock. This represents an increase of approximately 443% compared to the average volume of 114 put options.

The stock of Gap Inc (NYSE:GPS) is a huge mover today!

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Analysts expect iCAD Inc (NASDAQ:ICAD) to report $-0.17 EPS on July, 26.They anticipate $0.08 EPS change or 88.89% from last quarter's $-0.09 EPS. Gap, Inc. (The) had a return on equity of 29.75% and a net margin of 4.46%. The company had revenue of $3.44 billion during the quarter, compared to the consensus estimate of $3.39 billion. The company's quarterly revenue was up.1% on a year-over-year basis.

In the last reported quarter, Gap Inc reported its Actual EPS (earnings per share) of $0.36/share where most of the analysts working on this stock were estimating the EPS to be $0.29/share.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 26th. Investors of record on Wednesday, July 5th will be issued a $0.23 dividend. The rating was maintained by Deutsche Bank with "Sell" on Friday, June 3.

Since February 9, 2017, it had 0 buys, and 4 insider sales for $13.35 million activity. The Gap Inc. had 125 analyst reports since August 5, 2015 according to SRatingsIntel. If you are reading this report on another domain, it was illegally stolen and reposted in violation of USA and worldwide trademark & copyright laws. On Thursday, March 30 FISHER ROBERT J sold $12.29M worth of Gap Inc (NYSE:GPS) or 500,000 shares. BidaskClub upgraded shares of Gap, Inc. (The) from a "market perform" rating to an "outperform" rating and raised their price target for the company from $24.00 to $28.00 in a report on Sunday, June 4th.

News articles about Gap, Inc. The firm earned "Hold" rating on Thursday, October 1 by S&P Research. Finally, BlackRock Inc. increased its stake in shares of Gap, Inc. Wedbush maintained it with "Neutral" rating and $27 target in Friday, November 20 report. Morgan Stanley restated an "underperform" rating and issued a $20.00 price target on shares of Gap, Inc. (The) in a research report on Monday, May 22nd. Analysts have a mean recommendation of 3.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The company now has a consensus rating of "Hold" and a consensus target price of $25.77.

In other news, CEO Jeff Kirwan sold 5,000 shares of the stock in a transaction that occurred on Tuesday, May 16th. Insiders sold 7,000 shares of company stock valued at $169,120 over the last 90 days. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Following the transaction, the chief executive officer now owns 29,548 shares in the company, valued at $735,154.24. Hightower Ltd Liability Company owns 11,354 shares. Stephens Inc. AR now owns 14,596 shares of the apparel retailer's stock worth $355,000 after buying an additional 59 shares during the period. The Company offers apparel, accessories and personal care products for men, women and children under the Gap, Banana Republic, Old Navy, Athleta and Intermix brands.

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