Today it was reported that the Vice Pres. & General Counsel of VF Corp (NYSE: VFC), Laura Meagher, exercised options to sell 69,357 VFC shares at $38.57 a share, for a total transaction value of $6.45M.
Following Laura Meagher’s last VFC Sell transaction on October 27, 2017, the stock climbed by 24.4%.
See today’s analyst top recommended stocks >>
Based on VF Corp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $2.74 billion and quarterly net profit of $160 million. In comparison, last year the company earned revenue of $2.37 billion and had a net profit of $116 million. VFC’s market cap is $37.17B and the company has a P/E ratio of 62.74. Currently, VF Corp has an average volume of 38.
Based on 17 analyst ratings, the analyst consensus is Strong Buy with an average price target of $100.63, reflecting a -6.6% downside. Six different firms, including Merrill Lynch and Citigroup, currently also have a Sell rating on the stock.
The insider sentiment on VF Corp has been negative according to 48 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. 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.
