A Director at Guess (GES) is Buying Shares

Yesterday, a Director at Guess (NYSE: GES), Gianluca Bolla, bought shares of GES for $73.63K.

This recent transaction increases Gianluca Bolla’s holding in the company by 4.43% to a total of $1.64 million. Following Gianluca Bolla’s last GES Buy transaction on April 12, 2013, the stock climbed by 3.4%.

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Based on Guess’ latest earnings report for the quarter ending July 31, the company posted quarterly revenue of $646 million and quarterly net profit of $25.53 million. In comparison, last year the company earned revenue of $574 million and had a net profit of $15.02 million. GES’s market cap is $1.96B and the company has a P/E ratio of 2450.00. Currently, Guess has an average volume of 1.83M.

In the last 30 days, insiders have sold $72.47K worth of GES shares and purchased $73.63K worth of GES shares.

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Guess?, Inc. engages in designing, marketing, distributing and licensing of contemporary apparel and accessories for men, women and children that reflect the American lifestyle and European fashion sensibilities. It operates through the following segments: Americas Retail, Americas Wholesale, Europe, Asia, and Licensing.

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