Today, a Director at VF Corp, Juliana Chugg , exercised options of VF Corp (NYSE: VFC) for $2.02M.
Following Juliana Chugg’s last VFC Sell transaction on August 04, 2015, the stock climbed by 8.6%. This is Chugg’s first Sell trade following 5 Buy transactions.
See today’s analyst top recommended stocks >>
Based on VF Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $2.92 billion and quarterly net profit of $271 million. In comparison, last year the company earned revenue of $2.6 billion and had a net profit of $213 million. VFC’s market cap is $31.38B and the company has a P/E ratio of 44.91. Currently, VF Corp has an average volume of 469.9K.
Based on 8 analyst ratings, the analyst consensus is Strong Buy with an average price target of $87.43, reflecting a -9.5% downside. Five different firms, including Merrill Lynch and Citigroup, currently also have a Sell rating on the stock.
In the last 30 days, insiders have sold $3.18M worth of VFC shares and purchased $546K worth of VFC shares. The insider sentiment on VF Corp has been neutral according to 40 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.
Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. 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.
VF Corp. designs, produces, procures, markets and distributes lifestyle apparel, footwear and related products. It operates through the following segments: Outdoor & Action Sports, Jeanswear, Imagewear and Others.
