Reformation (NYSE:REF) Upgraded by Wall Street Zen to Hold Rating

Wall Street Zen upgraded shares of Reformation (NYSE:REF) to a hold rating in a report published on Saturday.

Reformation Stock Performance

Shares of NYSE:REF opened at $15.78 on Friday. Reformation has a 12 month low of $14.70 and a 12 month high of $17.26.

Insider Buying and Selling

In other news, major shareholder Scsp Refo sold 2,987,199 shares of the company’s stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $13.95, for a total transaction of $41,671,426.05. Following the transaction, the insider owned 29,091,749 shares of the company’s stock, valued at approximately $405,829,898.55. This represents a 9.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Yael Aflalo sold 1,204,029 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $13.95, for a total value of $16,796,204.55. Following the completion of the sale, the director owned 11,725,803 shares in the company, valued at approximately $163,574,951.85. The trade was a 9.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure.

Reformation Company Profile

Reformation Inc provide sustainable womenswear brand. Reformation Inc is based in LOS ANGELES.