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Burlington, NJ—Jennifer Vecchio, Group President and Chief Merchandising Officer of Burlington Stores, Inc. (NYSE:BURL), recently sold a significant portion of company stock. According to a filing with the Securities and Exchange Commission, Vecchio sold a total of 4,939 shares of Burlington Stores’ common stock on March 20, 2025. The transactions were executed at prices ranging from $236.71 to $243.57 per share, totaling approximately $1,185,083. The stock, which has shown significant volatility recently, is currently trading at $248.62, representing a 17.9% decline year-to-date.
Following these transactions, Vecchio now directly owns 61,968 shares of Burlington Stores stock. Additionally, 8,038 shares were withheld for tax obligations related to performance-based restricted stock unit awards.
Investors often keep a close eye on insider transactions, such as these, to gauge the sentiment of company executives. Burlington Stores, a major player in the retail department store sector, continues to be monitored closely by market participants.
In other recent news, Burlington Stores has reported a strong fourth-quarter performance, surpassing expectations with higher-than-anticipated sales and improved gross margins due to reduced freight and merchandise costs. UBS analyst Jay Sole increased Burlington’s price target to $405, maintaining a Buy rating, citing the company’s successful "Burlington 2.0" strategy and projecting a 19% earnings per share (EPS) compound annual growth rate over five years. Meanwhile, BMO Capital Markets also maintained an Outperform rating with a $293 target, highlighting effective cost management and a positive outlook despite a cautious 2025 guidance. Evercore ISI raised their price target to $345, pointing to Burlington’s impressive same-store sales growth and EBIT margins that exceeded expectations. Citi analysts adjusted their target to $340, maintaining a Buy rating, and noted Burlington’s competitive edge in comparable store sales over rivals like MarMaxx and Ross Stores (NASDAQ:ROST). Bernstein analysts reiterated an Outperform rating with a target of $380, emphasizing Burlington’s ongoing multi-year turnaround and potential for significant EPS growth through 2028. These developments reflect a generally positive sentiment among analysts, who highlight Burlington’s strategic execution and resilience in a challenging retail environment.
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