Key Points
- Director Eugenia Ulasewicz sold 11,322 shares on December 24 at an average price of $4.34 for $49,137.48, leaving her with 91,513 shares and an 11.01% reduction in ownership.
- Vince reported better-than-expected quarterly results with $0.21 EPS vs. $0.11 expected and $85.13 million in revenue, though the company still showed a negative net margin of 5.75%.
- The stock opened at $4.34 (52-week range $1.02–$5.99) with a market cap of about $57.9 million, and analysts have a consensus rating of Moderate Buy with a $4.50 price target.
Vince Holding Corp. (NYSE:VNCE - Get Free Report) Director Eugenia Ulasewicz sold 11,322 shares of Vince stock in a transaction dated Wednesday, December 24th. The shares were sold at an average price of $4.34, for a total value of $49,137.48. Following the completion of the transaction, the director directly owned 91,513 shares of the company's stock, valued at $397,166.42. This represents a 11.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Vince Stock Performance
VNCE stock opened at $4.34 on Tuesday. The company has a 50 day moving average price of $3.05 and a 200 day moving average price of $2.35. Vince Holding Corp. has a fifty-two week low of $1.02 and a fifty-two week high of $5.99. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.61 and a quick ratio of 0.51. The stock has a market capitalization of $57.89 million, a PE ratio of -3.24 and a beta of 0.72.
Vince (NYSE:VNCE - Get Free Report) last released its earnings results on Tuesday, December 9th. The textile maker reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.11 by $0.10. The firm had revenue of $85.13 million during the quarter, compared to analyst estimates of $80.88 million. Vince had a negative net margin of 5.75% and a positive return on equity of 11.37%. During the same quarter in the previous year, the business earned $0.34 EPS. Analysts forecast that Vince Holding Corp. will post 0.63 EPS for the current year.
Analyst Upgrades and Downgrades
A number of equities analysts have issued reports on VNCE shares. Weiss Ratings restated a "sell (d)" rating on shares of Vince in a report on Wednesday, October 8th. Zacks Research upgraded shares of Vince from a "hold" rating to a "strong-buy" rating in a research report on Thursday, September 18th. Finally, Noble Financial lifted their price objective on shares of Vince from $2.50 to $4.50 and gave the stock an "outperform" rating in a research note on Thursday, September 11th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $4.50.
View Our Latest Research Report on Vince
Institutional Investors Weigh In On Vince
Institutional investors have recently bought and sold shares of the company. Algert Global LLC acquired a new position in Vince during the third quarter worth $57,000. Bridgeway Capital Management LLC lifted its position in Vince by 31.8% during the 3rd quarter. Bridgeway Capital Management LLC now owns 59,656 shares of the textile maker's stock worth $199,000 after buying an additional 14,400 shares in the last quarter. Two Sigma Investments LP lifted its position in Vince by 481.6% during the 3rd quarter. Two Sigma Investments LP now owns 75,969 shares of the textile maker's stock worth $254,000 after buying an additional 62,907 shares in the last quarter. Finally, FreeGulliver LLC boosted its stake in shares of Vince by 42.2% during the 2nd quarter. FreeGulliver LLC now owns 310,968 shares of the textile maker's stock worth $448,000 after buying an additional 92,322 shares during the last quarter. Institutional investors own 16.11% of the company's stock.
Vince Company Profile
(
Get Free Report)
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.
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