Regulatory Insider Filing: EVINE Live Inc (NASDAQ:EVLV)’s Insider Landel Hobbs Acquires 30,000 Shares

November 30, 2016 - By olga

Regulatory Insider Filing: EVINE Live Inc (NASDAQ:EVLV)'s Insider Landel Hobbs Acquires 30,000 Shares

Landel Hobbs Insider Buy

A calculated and well-grounded transaction was made by the director of Evine Live Inc, Mr. Landel Hobbs, two days ago, when he acquired 30,000 shares, amounting to $49,500 US Dollars, which is calculated based on a stock price of $1.7 for every share. Landel Hobbs right now owns 162,575 shares or 0.29% of Evine Live Inc’s market cap (share price times the number of shares outstanding). The stock purchase by Mr. Landel – was recorded on November 30, 2016 and revealed in a SEC’s Form 4 available here.

EVINE Live Inc (NASDAQ:EVLV) Ratings Coverage

Out of 4 analysts covering EVINE Live (NASDAQ:EVLV), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $6 is the highest target while $2.50 is the lowest. The $3.83 average target is 132.12% above today’s ($1.65) stock price. EVINE Live has been the topic of 7 analyst reports since August 27, 2015 according to StockzIntelligence Inc. The stock of EVINE Live Inc (NASDAQ:EVLV) earned “Hold” rating by Zacks on Thursday, August 27. As per Thursday, August 27, the company rating was maintained by Piper Jaffray. The firm earned “Buy” rating on Wednesday, September 2 by Brean Capital. The rating was initiated by Maxim Group with “Buy” on Thursday, June 9. The firm earned “Buy” rating on Thursday, August 27 by Brean Capital.

About 51,376 shares traded hands. EVINE Live Inc (NASDAQ:EVLV) has risen 9.33% since April 27, 2016 and is uptrending. It has outperformed by 4.11% the S&P500.

EVINE Live Inc. is a digital commerce company. The company has a market cap of $93.46 million. The Firm operates through the digital commerce retailing segment. It currently has negative earnings. The Firm offers a mix of brands directly to clients in an engaging and informative shopping experience through television , online and mobile devices.

According to Zacks Investment Research, “EVINE Live Inc. is a digital commerce company. It markets, sells, and distributes products to consumers through ShopHQ, a 24-hour television shopping network; and ShopHQ.com, an e-commerce platform, as well as through the company’s mobile application. The Company is focused on new products and brands in fashion, beauty, jewelry, home and fitness. EVINE Live Inc., formerly known as ValueVision Media, Inc., and is headquartered in Eden Prairie, Minnesota.”

More recent EVINE Live Inc (NASDAQ:EVLV) news were published by: Startribune.com which released: “Interim CEO of Evine Live vows to review merchandise mix” on February 10, 2016. Also Globenewswire.com published the news titled: “Evine Live Inc. to Participate at Upcoming Conferences in September” on September 06, 2016. Startribune.com‘s news article titled: “As a rocky year ends, Evine Live makes money and cuts costs, including 45 jobs” with publication date: March 23, 2016 was also an interesting one.

EVLV Company Profile

EVINE Live Inc., incorporated on June 25, 1990, is a digital commerce company. The Firm operates through the digital commerce retailing segment. The Firm offers a mix of brands directly to clients in an engaging and informative shopping experience through television (TV), online and mobile devices. The Firm 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.

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