Today it was reported that the VP & CAO of VF Corp (NYSE: VFC), Bryan McNeill, exercised options to sell 25,232 VFC shares at $58.58 a share, for a total transaction value of $2.33M.
In addition to Bryan McNeill, one other VFC executive reported Sell trades in the last month.
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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 $36.73B and the company has a P/E ratio of 61.99. Currently, VF Corp has an average volume of 382.9K.
Based on 16 analyst ratings, the analyst consensus is Strong Buy with an average price target of $100.73, reflecting a -7.8% 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.
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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.
