Dupont Capital Management Corp Sells 9,656 Shares of Stamps.com Inc. (STMP)

Dupont Capital Management Corp lowered its position in shares of Stamps.com Inc. (NASDAQ:STMP) by 69.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,318 shares of the software maker’s stock after selling 9,656 shares during the quarter. Dupont Capital Management Corp’s holdings in Stamps.com were worth $672,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Robeco Institutional Asset Management B.V. grew its holdings in shares of Stamps.com by 100.0% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 518 shares of the software maker’s stock worth $125,000 after purchasing an additional 259 shares in the last quarter. Tower Research Capital LLC TRC grew its holdings in shares of Stamps.com by 6,925.0% during the 3rd quarter. Tower Research Capital LLC TRC now owns 562 shares of the software maker’s stock worth $127,000 after purchasing an additional 554 shares in the last quarter. Quantbot Technologies LP acquired a new stake in Stamps.com in the third quarter valued at about $167,000. Bank of Montreal Can boosted its stake in Stamps.com by 10.9% in the fourth quarter. Bank of Montreal Can now owns 1,388 shares of the software maker’s stock valued at $217,000 after buying an additional 136 shares in the last quarter. Finally, NJ State Employees Deferred Compensation Plan acquired a new stake in Stamps.com in the third quarter valued at about $226,000. 99.95% of the stock is owned by hedge funds and other institutional investors.

Stamps.com stock opened at $197.48 on Thursday. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $3.58 billion, a price-to-earnings ratio of 19.95, a PEG ratio of 1.35 and a beta of 0.51. Stamps.com Inc. has a 12 month low of $141.38 and a 12 month high of $285.74.

Several analysts recently weighed in on STMP shares. Zacks Investment Research raised Stamps.com from a “hold” rating to a “buy” rating and set a $193.00 price objective on the stock in a research note on Tuesday, January 15th. Craig Hallum reduced their price objective on Stamps.com from $300.00 to $265.00 and set a “buy” rating on the stock in a research note on Thursday, November 1st. Maxim Group set a $320.00 price objective on Stamps.com and gave the company a “buy” rating in a research note on Wednesday, October 31st. Finally, B. Riley set a $300.00 price objective on Stamps.com and gave the company a “buy” rating in a research note on Tuesday, October 30th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company’s stock. Stamps.com has a consensus rating of “Buy” and a consensus target price of $251.57.

In other Stamps.com news, insider Amine Khechfe sold 1,200 shares of the stock in a transaction dated Friday, February 1st. The stock was sold at an average price of $185.15, for a total value of $222,180.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 6.17% of the stock is currently owned by company insiders.

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Stamps.com Profile

Stamps.com Inc provides Internet-based mailing and shipping solutions in the United States. The company offers mailing and shipping solutions to mail and ship various mail pieces and packages through the United States Postal Service (USPS) under the Stamps.com and Endicia brands. Its solutions support various USPS mail classes, including First Class Mail, Priority Mail, Priority Mail Express, Media Mail, Parcel Select, and others.

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Institutional Ownership by Quarter for Stamps.com (NASDAQ:STMP)

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