Vince Holding Corp. (NYSE:VNCE) Director Marc J. Leder acquired 17,831,247 shares of Vince Holding Corp. stock in a transaction on Friday, September 8th. The shares were bought at an average price of $0.45 per share, for a total transaction of $8,024,061.15. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Vince Holding Corp. (VNCE) traded up 4.9909% on Tuesday, hitting $0.5196. 183,723 shares of the stock were exchanged. Vince Holding Corp. has a 1-year low of $0.28 and a 1-year high of $6.43. The company’s 50 day moving average is $0.51 and its 200 day moving average is $0.82. The stock’s market cap is $25.69 million.
Vince Holding Corp. (NYSE:VNCE) last posted its quarterly earnings results on Thursday, September 7th. The textile maker reported ($0.20) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.07) by ($0.13). Vince Holding Corp. had a negative return on equity of 120.03% and a negative net margin of 68.88%. The business had revenue of $60.82 million for the quarter. On average, equities research analysts expect that Vince Holding Corp. will post ($0.11) earnings per share for the current year.
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Institutional investors and hedge funds have recently bought and sold shares of the business. Teachers Advisors LLC boosted its stake in Vince Holding Corp. by 15.0% during the fourth quarter. Teachers Advisors LLC now owns 45,141 shares of the textile maker’s stock worth $183,000 after buying an additional 5,883 shares in the last quarter. California Public Employees Retirement System boosted its stake in Vince Holding Corp. by 314.3% during the first quarter. California Public Employees Retirement System now owns 84,360 shares of the textile maker’s stock worth $131,000 after buying an additional 64,000 shares in the last quarter. Cove Street Capital LLC acquired a new stake in Vince Holding Corp. during the first quarter worth $542,000. Vanguard Group Inc. boosted its stake in Vince Holding Corp. by 69.7% during the second quarter. Vanguard Group Inc. now owns 857,522 shares of the textile maker’s stock worth $404,000 after buying an additional 352,097 shares in the last quarter. Finally, Paradigm Capital Management Inc. NY boosted its stake in Vince Holding Corp. by 71.2% during the first quarter. Paradigm Capital Management Inc. NY now owns 1,926,300 shares of the textile maker’s stock worth $2,985,000 after buying an additional 801,000 shares in the last quarter. Hedge funds and other institutional investors own 14.32% of the company’s stock.
Separately, ValuEngine downgraded shares of Vince Holding Corp. from a “sell” rating to a “strong sell” rating in a research report on Friday, June 2nd. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the stock. Vince Holding Corp. currently has an average rating of “Hold” and a consensus price target of $3.17.
About Vince Holding Corp.
Vince Holding Corp. (Vince) is a United States-based company, which offers a range of women’s and men’s apparel, women’s and men’s footwear, and handbags. The Company operates as a fashion brand. The Company operates in two segments: Wholesale and Direct-to-consumer. The Company’s Wholesale segment consists of its operations to distribute products to various department stores and specialty stores in the United States and select international markets.
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