Today, the VP of Weyco Group (NASDAQ: WEYS), John Wittkowske, sold shares of WEYS for $156.3K.
Following John Wittkowske’s last WEYS Sell transaction on March 11, 2013, the stock climbed by 18.6%.
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Based on Weyco Group’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $60.89 million and quarterly net profit of $1.63 million. In comparison, last year the company earned revenue of $57.45 million and had a net profit of $1.26 million. WEYS’s market cap is $399.7M and the company has a P/E ratio of 23.01. Currently, Weyco Group has an average volume of 13.18K.
The insider sentiment on Weyco Group has been negative according to 127 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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Weyco Group, Inc. engages in the design, production, and trade of footwear for men, women, and children. It operates through the following segments: North American Wholesale, North American Retail, and Other. The North American Wholesale segment includes selling products to department stores and specialty shops primarily in the United States and Canada.
