Although U.S. stocks closed mixed on Wednesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga’s insider transactions platform. Zevra Therapeutics The Trade: Zevra Therapeutics, Inc. (NASDAQ:ZVRA) CFO & Treasurer R. Laduane Clifton acquired a total o

Although U.S. stocks closed higher on Friday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga’s insider transactions platform. Appian The Trade: Appian Corporation (NASDAQ:APPN) 10% owner Colin T. Moran acquired a total of 545,121 shares at an average

Although U.S. stocks closed mixed on Tuesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga’s insider transactions platform. Appian The Trade: Appian Corporation (NASDAQ:APPN) 10% owner Colin T. Moran acquired a total of 610,222 shares at an average

Although U.S. stocks closed mixed on Wednesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga’s insider transactions platform. Tilly’s The Trade: Tilly’s, Inc. (NYSE:TLYS) 10% owner Pleasant Lake Partners LLC acquired a total of 116,675 shares at an

Although U.S. stocks closed mixed on Tuesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga’s insider transactions platform. PBF Energy The Trade: PBF Energy Inc. (NYSE:PBF) 10% owner Empresarial de Capitales S.A. de C.V. acquired a total of 700,000

Although U.S. stocks closed mixed on Thursday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga’s insider transactions platform. Exxon Mobil The Trade: Exxon Mobil Corporation (NYSE:XOM) Director Maria S. Dreyfus acquired a total of 18,310 shares at an

Although U.S. stocks closed mixed on Friday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga’s insider transactions platform. Citi Trends The Trade: Citi Trends, Inc. (NASDAQ:CTRN) 10% owner Pleasant Lake Partners LLC acquired a total of 75,015 shares

Although U.S. stocks closed lower on Friday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga’s insider transactions platform. Occidental Petroleum The Trade: Occidental Petroleum Corporation (NYSE:OXY) 10% owner Warren E Buffett acquired a total of 2,

4 analysts have shared their evaluations of Citi Trends (NASDAQ:CTRN) during the recent three months, expressing a mix of bullish and bearish perspectives. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 0 2 0 0 Last 30D 1 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 1 0 1 0 0 The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $30.5, a high estimate of $35.00, and a low estimate of $25.00. Witnessing a positive shift, the curr

Craig-Hallum analyst Jeremy Hamblin maintains Citi Trends (NASDAQ:CTRN) with a Hold and lowers the price target from $27 to $25.

Appoints Ken Seipel as Chief Executive Officer Reports Preliminary Third Quarter Results above prior outlook Q3 2024 Preliminary Total Sales of $179.1 million, comparable store sales increase of 5.7% Citi Trends Inc. (NASDAQ:CTRN) today announced the Board of Directors has appointed Kenneth (Ken) Seipel as Chief Executive Officer, effective November 18, 2024. Mr. Seipel has been serving as the Interim CEO of Citi Trends since June 1, 2024, and on the Board of Directors since 2019. Concurrently, the Board appointed Peter Sachse, the current Executive Chairman of the Board, as Chairman of the Board. In addition, the Company is announcing preliminary Q3 2024 results with sales of $179.

Citi Trends, Inc. (NASDAQ:CTRN) today announced plans to release its earnings for the third quarter 2024 before the market opens on Tuesday, December 3, 2024. Citi Trends will host a conference call on the same day at 9:00 a.m. ET. A live broadcast of Citi Trends' conference call will be available online at the Company's website, www.cititrends.com, under the Investor Relations section, on December 3, 2024, beginning at 9:00 a.m. ET. The online replay will follow shortly after the call and will be available for one year. The live conference call can also be accessed by dialing 1-877-407-0779. During the conference call, the Company may discuss and answer questions concerning business an

Total sales growth of 1.7% to $176.6 million Significant actions taken to prepare for profitable growth Strong financial position with liquidity of approximately $134 million and no debt Single digit comparable store sales increase Q3 to-date Company provides Outlook for second half of Fiscal 2024 Citi Trends, Inc. (NASDAQ:CTRN), a leading specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and multicultural families in the United States, today reported results for the second quarter ended August 3, 2024. Financial Highlights – Second Quarter 2024 Total sales of $176.6 million increased 1.7% vs. Q2 2023; comparabl

Citi Trends, Inc. (NASDAQ:CTRN) today announced plans to release its earnings for the second quarter 2024 before the market opens on Tuesday, August 27, 2024. Citi Trends will host a conference call on the same day at 9:00 a.m. ET. A live broadcast of Citi Trends' conference call will be available online at the Company's website, www.cititrends.com, under the Investor Relations section, on August 27, 2024, beginning at 9:00 a.m. ET. The online replay will follow shortly after the call and will be available for one year. The live conference call can also be accessed by dialing 1-877-407-0779. During the conference call, the Company may discuss and answer questions concerning business and

Total year-over-year sales growth of 3.7% to $186.3 million Comparable sales growth of 3.1%; Gross margin at 38.7% Balance sheet continues to have ample liquidity and no debt Company reiterates Fiscal 2024 EBITDA Outlook Citi Trends, Inc. (NASDAQ:CTRN), a leading specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and multicultural families in the United States, today reported results for the first quarter ended May 4, 2024. Financial Highlights – First Quarter 2024 Total sales of $186.3 million increased 3.7% vs. Q1 2023; comparable store sales, calculated on a shifted 13-week to 13-week basis, increased 3.1% compa

Citi Trends, Inc. (NASDAQ:CTRN) today announced plans to release its earnings for the first quarter 2024 before the market opens on Tuesday, June 4, 2024. Citi Trends will host a conference call on the same day at 9:00 a.m. ET. A live broadcast of Citi Trends' conference call will be available online at the Company's website, www.cititrends.com, under the Investor Relations section, on June 4, 2024, beginning at 9:00 a.m. ET. The online replay will follow shortly after the call and will be available for one year. The live conference call can also be accessed by dialing 1-877-407-0779. During the conference call, the Company may discuss and answer questions concerning business and financ

Q4 2023 total sales of $215.2 million with gross margin of 39.1% Q4 2023 diluted EPS of $0.42; adjusted diluted EPS* of $0.53 Fiscal 2023 total sales of $747.9 million Company ends Fiscal 2023 with $155 million of liquidity, including $80 million of cash and no debt Company provides outlook for Fiscal 2024; expects mid-single digit comp increase Q1 2024 to date comp trend consistent with outlook Citi Trends, Inc. (NASDAQ:CTRN), a leading specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and multicultural families in the United States, today reported results for the fourth quarter and full year ended February 3, 202

Citi Trends, Inc. (NASDAQ:CTRN) today announced plans to release its earnings for the fourth quarter and full year 2023 before the market opens on Tuesday, March 19, 2024. Citi Trends will host a conference call on the same day at 9:00 a.m. ET. The number to call for the live interactive teleconference is (212) 231-2921. A telephonic replay of the conference call will be available until March 28, 2023, by dialing (800) 633-8284 and entering the passcode, 22029021. The live broadcast of Citi Trends' conference call will be available online at the Company's website, www.cititrends.com, under the Investor Relations section, on March 19, 2024, beginning at 9:00 a.m. ET. The online replay will

Citi Trends, Inc. (NASDAQ:CTRN) ("Citi Trends" or the "Company") today announced that its Board of Directors (the "Board") has unanimously adopted a limited duration stockholder rights plan (the "Rights Plan"). The Rights Plan is intended to enable all stockholders to realize the full value of their investment in Citi Trends and will reduce the likelihood that any entity, person or group gains control of the Company through open-market accumulation without paying all stockholders an appropriate control premium. The Rights Plan is also intended to provide the Board sufficient time to make informed judgments and take actions that are in the best interests of Citi Trends and all of its stock

Total third quarter sales of $179.5 million; Year-to-date total sales of $532.8 million Strong gross margin of 38.2%; Year-to-date gross margin of 37.7%, or 37.8% as adjusted* Total liquidity of $135 million and no debt Improved topline momentum fourth quarter to date Company provides updated fiscal 2023 guidance Citi Trends, Inc. (NASDAQ:CTRN), a leading specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and multicultural families in the United States, today reported results for the third quarter ended October 28, 2023. Financial Highlights – Third Quarter 2023 Total sales of $179.5 million decreased 6.7% vs. Q3

Craig Hallum downgraded Citi Trends from Buy to Hold

Craig Hallum upgraded Citi Trends from Hold to Buy and set a new price target of $32.00 from $18.00 previously

DA Davidson initiated coverage of Citi Trends with a rating of Buy and set a new price target of $21.00

Gordon Haskett upgraded Citi Trends from Reduce to Hold and set a new price target of $18.00

Craig Hallum downgraded Citi Trends from Buy to Hold and set a new price target of $34.00 from $80.00 previously

Telsey Advisory Group reiterated coverage of Citi Trends with a rating of Outperform and set a new price target of $65.00 from $100.00 previously

Gordon Haskett downgraded Citi Trends from Buy to Accumulate and set a new price target of $60.00 from $90.00 previously

Craig-Hallum reiterated coverage of Citi Trends with a rating of Buy and set a new price target of $175.00 from $165.00 previously

The Benchmark Company initiated coverage of Citi Trends with a rating of Buy and set a new price target of $115.00

Benchmark initiated coverage of Citi Trends with a rating of Buy and set a new price target of $115.00