CAPROCK Group Inc. held its position in EVINE Live Inc. (NASDAQ:EVLV) during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 107,210 shares of the company’s stock at the end of the second quarter. CAPROCK Group Inc. owned about 0.18% of EVINE Live worth $107,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. purchased a new position in EVINE Live during the first quarter valued at $327,000. Teton Advisors Inc. increased its position in shares of EVINE Live by 10.4% in the first quarter. Teton Advisors Inc. now owns 319,200 shares of the company’s stock worth $409,000 after buying an additional 30,000 shares during the last quarter. Royce & Associates LP increased its position in shares of EVINE Live by 4.0% in the first quarter. Royce & Associates LP now owns 525,993 shares of the company’s stock worth $673,000 after buying an additional 20,000 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of EVINE Live by 11.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 904,896 shares of the company’s stock worth $1,357,000 after buying an additional 92,595 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its position in shares of EVINE Live by 8.3% in the first quarter. Russell Investments Group Ltd. now owns 1,000,000 shares of the company’s stock worth $1,280,000 after buying an additional 76,544 shares during the last quarter. 43.27% of the stock is currently owned by institutional investors and hedge funds.
Shares of EVINE Live Inc. (NASDAQ EVLV) traded up 6.9140% on Friday, reaching $0.9943. 83,833 shares of the company were exchanged. The stock’s market capitalization is $60.62 million. EVINE Live Inc. has a 12 month low of $0.89 and a 12 month high of $2.40. The stock has a 50 day moving average price of $1.04 and a 200-day moving average price of $1.22.
EVINE Live (NASDAQ:EVLV) last released its earnings results on Tuesday, May 23rd. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.04) by $0.01. EVINE Live had a negative net margin of 1.07% and a negative return on equity of 7.89%. The firm had revenue of $156.30 million during the quarter, compared to the consensus estimate of $153.59 million. During the same period in the prior year, the business posted ($0.09) earnings per share. EVINE Live’s quarterly revenue was down 6.4% compared to the same quarter last year. On average, equities analysts expect that EVINE Live Inc. will post $0.00 EPS for the current fiscal year.
A number of research analysts recently commented on the stock. B. Riley reaffirmed a “buy” rating and set a $2.00 price objective on shares of EVINE Live in a research report on Tuesday, June 27th. Maxim Group set a $3.00 price objective on shares of EVINE Live and gave the company a “buy” rating in a research report on Tuesday, May 23rd. Zacks Investment Research raised shares of EVINE Live from a “sell” rating to a “hold” rating in a research report on Wednesday, May 31st. Finally, ValuEngine downgraded shares of EVINE Live from a “hold” rating to a “sell” rating in a research report on Friday, June 2nd.
In related news, Director Mark Holdsworth acquired 50,000 shares of EVINE Live stock in a transaction on Friday, July 14th. The stock was purchased at an average cost of $0.99 per share, with a total value of $49,500.00. Following the completion of the transaction, the director now directly owns 216,092 shares in the company, valued at approximately $213,931.08. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Robert Rosenblatt acquired 86,957 shares of EVINE Live stock in a transaction on Tuesday, May 23rd. The shares were bought at an average cost of $1.15 per share, with a total value of $100,000.55. Following the completion of the transaction, the chief executive officer now owns 1,135,884 shares of the company’s stock, valued at $1,306,266.60. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 163,957 shares of company stock valued at $179,641. Company insiders own 4.15% of the company’s stock.
About EVINE Live
EVINE Live Inc is a digital commerce company. The Company operates through the digital commerce retailing segment. The Company offers a mix of brands directly to consumers in an engaging and informative shopping experience through television (TV), online and mobile devices. It operates an around the clock television shopping network, EVINE Live, which is distributed primarily on cable and satellite systems, through which the Company offers brand products in the categories of jewelry and watches, home and consumer electronics, beauty, and fashion and accessories.
Receive News & Ratings for EVINE Live Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EVINE Live Inc. and related companies with MarketBeat.com's FREE daily email newsletter.