Lands' End: 3 Different Insiders Have Purchased Shares This Month

| About: Lands' End, (LE)

Summary

3 insiders purchased Lands' End stock within one month.

The stock was sold by no insiders in the month of intensive purchasing.

2 of these 3 insiders increased their holdings by more than 10%.

Lands’ End (NASDAQ:LE) operates as a multi-channel retailer primarily in the United States, Europe, and Asia.

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Insider buying during the last 30 days

Here is a table of Lands' End's insider activity during the last 30 days.

Name Title Trade Date Shares Purchased Current Ownership Increase In Shares
Edgar Huber CEO June 19 1,000 77,437
shares
+1.3%
Jonah Staw Director June 17 1,500 1,500 shares from 0 to 1,500
Josephine Linden Director June 16 3,000 3,000 shares from 0 to 3,000
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There have been 5,500 shares purchased by insiders during the last 30 days.

Insider buying by calendar month

Here is a table of Lands' End's insider activity by calendar month.

Month Insider buying / shares Insider selling / shares
June 2014 5,500 0
May 2014 0 0
April 2014 0 0
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There have been 5,500 shares purchased and there have been zero shares sold by insiders since April. The month of June has seen all of the insider buying. Lands' End started regular-way trading in April.

Financials

Lands' End reported the fiscal 2014 first-quarter, which ended May 2, financial results on June 12 with the following highlights:

Revenue $330.5 million
Net income $10.9 million
Cash $65.0 million
Debt $515.0 million
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The three insiders purchased their shares after these results.

Competition

Lands' End's competitors include J.C. Penney (NYSE:JCP), Kohl's (NYSE:KSS), and Macy's (NYSE:M). Here is a table comparing these companies.

Company LE JCP KSS M
Market Cap: 1.06B 2.65B 10.95B 21.18B
Employees: 6,400 117,000 31,000 172,500
Qtrly Rev Growth (yoy): 0.04 0.06 -0.03 -0.02
Revenue: 1.57B 12.02B 18.90B 27.82B
Gross Margin: 0.46 0.30 0.37 0.40
EBITDA: 154.52M -519.00M 2.60B 3.79B
Operating Margin: 0.08 -0.09 0.09 0.10
Net Income: 82.38M -1.39B 867.00M 1.49B
EPS: 2.47 -5.15 4.02 3.93
P/E: 13.50 N/A 13.15 14.94
PEG (5 yr expected): N/A 0.12 2.37 1.09
P/S: 0.70 0.23 0.57 0.75
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Lands' End has the highest gross margin among these four companies.

Here is a table of these competitors' insider activities this year.

Company Insider buying / shares Insider selling / shares
JCP 0 0
KSS 0 196,865
M 0 1,376,788
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Only Lands' End has seen insider buying this year.

Conclusion

There have been three different insiders buying Lands' End, and there have not been any insiders selling Lands' End during the last 30 days. Two of these three insiders increased their holdings by more than 10%.

The three insiders purchased their shares at prices ranging from $30.83 to $33.96. I believe Lands' End could be a good pick below $33.96 based on the intensive insider buying.

Disclosure: The author has no positions in any stocks mentioned, but may initiate a long position in LE over the next 72 hours. The author wrote this article themselves, and it expresses their own opinions. The author is not receiving compensation for it (other than from Seeking Alpha). The author has no business relationship with any company whose stock is mentioned in this article.