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 sale, the director now owns 6,258 shares in the company, valued at $202,133.40. The transaction was disclosed in a document filed with the SEC, which is available at this link.

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 Trading Up 3.7 %

J.Jill stock traded up $1.15 during mid-day trading on Thursday, hitting $31.98. 327,004 shares of the stock were exchanged, 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 12 month low of $18.85 and a 12 month high of $32.96. The firm’s fifty day simple moving average is $25.50 and its two-hundred day simple moving average is $26.89. The stock has a market capitalization of $338.99 million, a price-to-earnings ratio of 12.74 and a beta of 0.92.

Wall Street Analyst Weigh In

Several research firms recently commented on JILL. B. Riley reiterated a “buy” rating and set a $38.00 target price (up from $35.00) on shares of J.Jill in a research report on Thursday, March 21st. William Blair began coverage on shares of J.Jill in a research report on Thursday, December 21st. They set an “outperform” rating on the stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in JILL. Divisadero Street Capital Management LP bought a new stake in J.Jill during the 4th quarter valued at $4,163,000. BlackRock Inc. boosted its holdings in J.Jill by 182.4% during the 2nd quarter. BlackRock Inc. now owns 250,849 shares of the specialty retailer’s stock worth $5,376,000 after acquiring an additional 162,015 shares during the last quarter. Vanguard Group Inc. boosted its holdings in J.Jill by 58.0% during the 4th quarter. Vanguard Group Inc. now owns 387,452 shares of the specialty retailer’s stock worth $9,989,000 after acquiring an additional 142,303 shares during the last quarter. Invesco Ltd. boosted its holdings in J.Jill by 827.0% during the 3rd quarter. Invesco Ltd. now owns 116,812 shares of the specialty retailer’s stock worth $3,458,000 after acquiring an additional 104,211 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new position in J.Jill during the 4th quarter worth $2,237,000. Institutional investors own 40.71% of the company’s stock.

About J.Jill

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.