Dollar Tree (NASDAQ:DLTR) has climbed 0.26% in the past week and advanced 19.11% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.47% and the outperformance has advanced to 18.02% for the last 4 weeks period.
Dollar Tree (NASDAQ:DLTR): The stock opened at $91.75 on Friday but the bulls could not build on the opening and the stock topped out at $91.97 for the day. The stock traded down to $91.16 during the day, due to lack of any buying support eventually closed down at $91.58 with a loss of -0.28% for the day. The stock had closed at $91.84 on the previous day. The total traded volume was 2,798,217 shares.
The company shares have rallied 15.11% from its 1 Year high price. On Jun 9, 2016, the shares registered one year high at $92.17 and the one year low was seen on Oct 14, 2015. The 50-Day Moving Average price is $84.30 and the 200 Day Moving Average price is recorded at $80.32.
On the companys insider trading activities,The officer (Chief Operating Officer) of Dollar Tree Inc, Witynski Michael A. sold 4,964 shares at $90.68 on June 1, 2016. The Insider selling transaction had a total value worth of $450,136. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Equity Analysts at the Citigroup maintains the rating on Dollar Tree (NASDAQ:DLTR). The brokerage firm has issued a Neutral rating on the shares. The Analysts at the ratings agency raises the price target from $84 per share to $100 per share. The rating by the firm was issued on June 6, 2016. Currently the company Insiders own 4.1% of Dollar Tree shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -42.14% . Institutional Investors own 97.75% of Dollar Tree shares. During last six month period, the net percent change held by insiders has seen a change of -30.41%.
Dollar Tree, Inc. (Dollar Tree) is an operator of discount variety stores offering merchandise at the fixed price of $ 1.00. The Company offers a selection of everyday basic products and also supplements these basic, everyday items with seasonal, closeout and promotional merchandise. As of July 06, 2015, the Company operated more than 13,600 stores across 48 states and five Canadian provinces. Its stores operate under the brands of Dollar Tree, Dollar Tree Canada, Deals and Family Dollar. Dollar Trees consumable merchandise includes candy and food health and beauty care and everyday consumables, such as paper and chemicals, and in select stores frozen and refrigerated food. The Companys variety merchandise includes toys, durable housewares, gifts, party goods, greeting cards, softlines and other items. Its seasonal goods include Valentines Day, Easter, Halloween and Christmas merchandise.