Michael Rahamim Sells 5,000 Shares of J.Jill, Inc. (NYSE:JILL) Stock

J.Jill, Inc. (NYSE:JILL) Director Michael Rahamim sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 28th. The shares were sold at an average price of $32.30, for a total transaction of $161,500.00. Following the completion of the transaction, the director now directly owns 6,258 shares in the company, valued at $202,133.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Michael Rahamim also recently made the following trade(s):

• On Tuesday, March 26th, Michael Rahamim sold 13,442 shares of J.Jill stock. The stock was sold at an average price of $30.94, for a total transaction of $415,895.48.

J.Jill Stock Up 3.7 %

JILL traded up $1.15 during trading on Thursday, hitting $31.98. The company had a trading volume of 327,004 shares, compared to its average volume of 97,895. The company has a quick ratio of 0.64, a current ratio of 1.06 and a debt-to-equity ratio of 4.70. J.Jill, Inc. has a one year low of $18.85 and a one year high of $32.96. The firm’s 50-day moving average price is $25.50 and its 200 day moving average price is $26.89. The company has a market capitalization of $338.99 million, a PE ratio of 12.74 and a beta of 0.92.

Institutional Investors Weigh In On J.Jill

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Rhumbline Advisers increased its stake in J.Jill by 6.9% in the 3rd quarter. Rhumbline Advisers now owns 5,522 shares of the specialty retailer’s stock valued at $163,000 after buying an additional 355 shares during the last quarter. Barclays PLC increased its stake in J.Jill by 5.5% in the 2nd quarter. Barclays PLC now owns 7,668 shares of the specialty retailer’s stock valued at $165,000 after buying an additional 397 shares during the last quarter. State of Tennessee Treasury Department increased its stake in J.Jill by 11.1% in the 1st quarter. State of Tennessee Treasury Department now owns 6,073 shares of the specialty retailer’s stock valued at $158,000 after buying an additional 605 shares during the last quarter. AJOVista LLC acquired a new stake in J.Jill in the 4th quarter valued at $25,000. Finally, Bank of New York Mellon Corp increased its stake in J.Jill by 7.5% in the 1st quarter. Bank of New York Mellon Corp now owns 15,873 shares of the specialty retailer’s stock valued at $413,000 after buying an additional 1,105 shares during the last quarter. 40.71% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently commented on JILL shares. B. Riley reaffirmed a “buy” rating and issued a $38.00 price objective (up from $35.00) on shares of J.Jill in a research report on Thursday, March 21st. William Blair started coverage on shares of J.Jill in a research report on Thursday, December 21st. They issued an “outperform” rating on the stock.

J.Jill Company Profile

J.Jill, Inc operates as an omnichannel retailer for women's apparel under the J.Jill brand in the United States. It offers casual wear, athletic wear, and loungewear; footwear; and accessories, including scarves and jewelry. The company markets its products through retail stores, website, and catalogs.