Today it was reported that the President & CEO of Rocky Brands (NASDAQ: RCKY), Jason Brooks, exercised options to buy 4,000 RCKY shares at $12.39 a share, for a total transaction value of $49.58K.
Following this transaction Jason Brooks’ holding in the company was increased by 72.23% to a total of $352.7K. This is Brooks’ first Buy trade following 4 Sell transactions.
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RCKY’s market cap is $222.8M and the company has a P/E ratio of 17.89. Currently, Rocky Brands has an average volume of 53.6K.
In the last 30 days, insiders have sold $596K worth of RCKY shares and purchased $49.58K worth of RCKY shares. The insider sentiment on Rocky Brands has been negative according to 59 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Rocky Brands, Inc. engages in the design, manufacture, and marketing of footwear and apparel. Its brand includes Rocky, Georgia Boot, Durango, Lehigh, Creative Recreation, and Michelin. It operates through the following segments: Wholesale, Retail, and Military. The Wholesale segment distributes its products through retail stores.
