Traders Buy Large Volume of R. R. Donnelley & Sons Call Options (NYSE:RRD)

R. R. Donnelley & Sons (NYSE:RRD) saw some unusual options trading activity on Tuesday. Investors bought 28,865 call options on the stock. This represents an increase of approximately 3,876% compared to the average volume of 726 call options.

R. R. Donnelley & Sons stock opened at $6.42 on Thursday. The firm has a 50 day simple moving average of $5.06 and a 200-day simple moving average of $5.38. The stock has a market capitalization of $467.38 million, a PE ratio of 2.94 and a beta of 2.70. R. R. Donnelley & Sons has a 12-month low of $1.12 and a 12-month high of $7.15.

R. R. Donnelley & Sons (NYSE:RRD) last posted its quarterly earnings data on Tuesday, August 3rd. The business services provider reported $0.07 earnings per share (EPS) for the quarter. The business had revenue of $1.15 billion during the quarter. R. R. Donnelley & Sons had a net margin of 3.25% and a negative return on equity of 28.91%.

In other news, major shareholder Chatham Asset Management, Llc purchased 7,000 shares of the company’s stock in a transaction on Wednesday, August 18th. The shares were bought at an average price of $5.24 per share, for a total transaction of $36,680.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.77% of the stock is currently owned by company insiders.

A number of large investors have recently modified their holdings of RRD. Ameritas Investment Partners Inc. bought a new stake in R. R. Donnelley & Sons during the second quarter worth approximately $35,000. Legal & General Group Plc bought a new stake in R. R. Donnelley & Sons during the second quarter worth approximately $36,000. Paloma Partners Management Co purchased a new stake in shares of R. R. Donnelley & Sons in the 1st quarter valued at approximately $48,000. BNP Paribas Arbitrage SA purchased a new stake in shares of R. R. Donnelley & Sons in the 2nd quarter valued at approximately $58,000. Finally, Tudor Investment Corp Et Al purchased a new stake in shares of R. R. Donnelley & Sons in the 1st quarter valued at approximately $64,000. Hedge funds and other institutional investors own 68.79% of the company’s stock.

R. R. Donnelley & Sons Company Profile

R.R. Donnelley & Sons Co engages in the provision of multichannel communication solutions. It operates through the following segments: Commercial Print, Logistics, Statement Printing, Labels, Packaging, Supply Chain Management, Forms and Business Process Outsourcing. The Commercial Print segment provides various commercial printing products and offer a full range of branded materials including manuals, publications, brochures, business cards, flyers, post cards, posters and promotional items.

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