Insider Selling: Vince (NYSE:VNCE) Director Sells 11,322 Shares of Stock

Vince Holding Corp. (NYSE:VNCE) Director Eugenia Ulasewicz sold 11,322 shares of the company’s stock in a transaction on Wednesday, December 24th. The stock was sold at an average price of $4.34, for a total transaction of $49,137.48. Following the transaction, the director owned 91,513 shares in the company, valued at approximately $397,166.42. The trade was a 11.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Vince Stock Down 1.1%

Shares of NYSE:VNCE traded down $0.05 during midday trading on Monday, hitting $4.34. 308,521 shares of the company’s stock were exchanged, compared to its average volume of 1,125,330. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.61 and a quick ratio of 0.51. Vince Holding Corp. has a 12 month low of $1.02 and a 12 month high of $5.99. The company has a market cap of $57.89 million, a PE ratio of -3.24 and a beta of 0.72. The stock has a 50 day moving average price of $3.02 and a 200-day moving average price of $2.33.

Vince (NYSE:VNCE) last released its quarterly earnings results on Tuesday, December 9th. The textile maker reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.10. Vince had a negative net margin of 5.75% and a positive return on equity of 11.37%. The company had revenue of $85.13 million for the quarter, compared to analyst estimates of $80.88 million. During the same period last year, the firm earned $0.34 earnings per share. On average, sell-side analysts anticipate that Vince Holding Corp. will post 0.63 EPS for the current fiscal year.

Analysts Set New Price Targets

VNCE has been the topic of several recent research reports. Noble Financial upped their price objective on shares of Vince from $2.50 to $4.50 and gave the company an “outperform” rating in a report on Thursday, September 11th. Weiss Ratings restated a “sell (d)” rating on shares of Vince in a research note on Wednesday, October 8th. Finally, Zacks Research upgraded shares of Vince from a “hold” rating to a “strong-buy” rating in a research note on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $4.50.

Institutional Trading of Vince

Several large investors have recently added to or reduced their stakes in VNCE. Bridgeway Capital Management LLC lifted its position in Vince by 31.8% during the third quarter. Bridgeway Capital Management LLC now owns 59,656 shares of the textile maker’s stock valued at $199,000 after buying an additional 14,400 shares during the period. Algert Global LLC bought a new stake in shares of Vince in the third quarter worth $57,000. Two Sigma Investments LP increased its position in shares of Vince by 481.6% during the 3rd quarter. Two Sigma Investments LP now owns 75,969 shares of the textile maker’s stock valued at $254,000 after purchasing an additional 62,907 shares during the last quarter. Finally, FreeGulliver LLC grew its position in shares of Vince by 42.2% during the 2nd quarter. FreeGulliver LLC now owns 310,968 shares of the textile maker’s stock valued at $448,000 after acquiring an additional 92,322 shares during the period. Institutional investors own 16.11% of the company’s stock.

Vince Company Profile

Vince (NYSE: VNCE) is a Los Angeles–based designer, marketer and retailer of contemporary apparel, accessories and footwear. The company’s collections encompass women’s and men’s ready-to-wear, handbags, small leather goods, scarves, hosiery and footwear. Vince’s product ethos centers on understated luxury, combining high–quality fabrics—such as cashmere, silk, cotton and leather—with a minimalist design aesthetic intended to appeal to a broad base of fashion–conscious consumers.

Vince distributes its products through a multi–channel platform that includes full–price standalone stores, factory outlets, department store shop-in-shops and e-commerce.