<div id="readability-page-1"><p>The Lovesac Company (NASDAQ:LOVE - Get Free Report) CEO Shawn David Nelson bought 1,477 shares of the firm's stock in a transaction on Thursday, April 16th. The stock was purchased at an average price of $16.95 per share, for a total transaction of $25,035.15. Following the completion of the acquisition, the chief executive officer directly owned 202,681 shares in the company, valued at $3,435,442.95. The trade was a 0.73% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities &amp; Exchange Commission, which can be accessed through this hyperlink.</p><h2>Lovesac Price Performance</h2><ul><li>Analysts Love Lovesac, But Investors Should Be Cautious</li></ul><p>Shares of NASDAQ LOVE opened at $17.65 on Monday. The company has a 50 day simple moving average of $13.24 and a 200-day simple moving average of $13.89. The company has a market capitalization of $257.99 million, a P/E ratio of 60.86, a P/E/G ratio of 0.85 and a beta of 2.21. The Lovesac Company has a 1 year low of $10.33 and a 1 year high of $21.90. </p><p>Lovesac (NASDAQ:LOVE - Get Free Report) last released its quarterly earnings data on Thursday, March 26th. The company reported $2.19 EPS for the quarter, beating analysts' consensus estimates of $2.00 by $0.19. The firm had revenue of $248.05 million for the quarter, compared to analysts' expectations of $242.77 million. Lovesac had a return on equity of 2.02% and a net margin of 0.58%.The firm's quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the firm posted $2.13 earnings per share.  As a group, research analysts expect that  The Lovesac Company will post 0.39 EPS for the current year. </p><h2>Analyst Upgrades and Downgrades</h2><ul><li>3 Momentum Stocks That Could Soar Post-Market Volatility</li></ul><p>A number of research firms have recently weighed in on LOVE. Wall Street Zen upgraded Lovesac from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a report on Saturday, April 4th. Weiss Ratings  reaffirmed a &#34;sell (d)&#34; rating on shares of Lovesac in a research report on Friday, March 27th. Finally, Roth Mkm  reaffirmed a &#34;buy&#34; rating on shares of Lovesac in a research note on Friday, March 27th. Four analysts have rated the stock with a Buy rating and one  has issued  a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $22.67.</p><p><b>Get Our Latest Analysis on Lovesac</b></p><h2>Institutional Inflows and Outflows</h2><ul><li>With a 60%+ Upside, There’s Plenty to Love About Lovesac</li></ul><p>Several hedge funds and other institutional investors have recently modified their holdings of LOVE. Invenomic Capital Management LP purchased a new stake in shares of  Lovesac in the 4th quarter valued at $5,350,000.  Millennium Management LLC boosted its holdings in  Lovesac by 378.9% during the 4th quarter. Millennium Management LLC now owns 327,477 shares of the company's stock valued at $4,830,000 after acquiring an additional 259,097 shares during the period.  Kanen Wealth Management LLC acquired a new position in  Lovesac in the 3rd quarter valued at about $4,025,000.  Bridgeway Capital Management LLC grew its position in  Lovesac by 252.8% in the 2nd quarter. Bridgeway Capital Management LLC now owns 306,687 shares of the company's stock valued at $5,582,000 after acquiring an additional 219,762 shares in the last quarter.  Finally, 4D Advisors LLC purchased a new stake in  Lovesac during the fourth quarter worth about $2,950,000. 91.32% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>About Lovesac</h2> (Get Free Report)<p>Lovesac, trading on NASDAQ under the symbol LOVE, is an American furniture company known for its modular seating systems and distinctive foam-filled “Sacs.” Founded in 1995 by Shawn Nelson, the company has built a reputation for innovative design that emphasizes comfort, durability and adaptability. Its core offerings include Sactionals—customizable sectional sofas assembled from individual “Sactional” cubes—and the original Lovesac Sacs, large fabric-covered bean bag chairs available in a variety of sizes and materials.  </p><p>In addition to seating solutions, Lovesac has expanded into home entertainment products with the introduction of the Stage, a modular soundbar system designed to integrate seamlessly with Sactionals.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Lovesac</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Lovesac Right Now?</h2><p>Before you consider Lovesac, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lovesac wasn't on the list.</p><p>While Lovesac currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

LOVE

<p>Lovesac CEO Shawn David Nelson purchased 1,477 shares of the company's stock at $16.95 per share, totaling $25,035.15. This acquisition increased his ownership to 202,681 shares, valued at approximately $3.44 million. The transaction was disclosed to the SEC. Analysts have mixed views on Lovesac, with a consensus rating of "Moderate Buy" and a price target of $22.67. The company reported a quarterly EPS of $2.19, exceeding estimates, and a revenue of $248.05 million, up 2.7% year-over-year.</p>

Insider Buying: Lovesac (NASDAQ:LOVE) CEO Purchases $25,035.15 in Stock