Today it was reported that a Director at Cherokee Inc (CHKE), Jess Ravich, exercised options to buy 355,000 CHKE shares at $0.50 a share, for a total transaction value of $177.5K.
This recent transaction increases Jess Ravich’s holding in the company by 39.38% to a total of $912.3K. This is Ravich’s first transaction since reporting a Buy transaction on ALJJ back in June 2018
See today’s analyst top recommended stocks >>
Currently, Cherokee Inc has an average volume of 17.76K.
Jess Ravich’s trades have generated a -21.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Cherokee, Inc. is a marketer and manager of a portfolio of fashion and lifestyle brands. The company owns, licensing Cherokee, Hi-Tec, Magnum, 50 Peaks, Interceptor, Hawk Signature, Tony Hawk, Liz Lange, Completely Me by Liz Lange, Flip Flop Shops, Everyday California, Carole Little, Sideout and others, which are licensed in multiple consumer product categories and sectors. It operates through the following segments: Cherokee Global Brands and Hi-Tec. The company was founded in 1988 and is headquartered in Sherman Oaks, CA.
