Eugenia Ulasewicz Sells 11,322 Shares of Vince (NYSE:VNCE) Stock

Vince Holding Corp. (NYSE:VNCE) Director Eugenia Ulasewicz sold 11,322 shares of the business’s 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 sale, the director owned 91,513 shares in the company, valued at $397,166.42. This represents a 11.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Vince Price Performance

Shares of NYSE:VNCE opened at $4.08 on Wednesday. The firm has a market capitalization of $54.42 million, a PE ratio of -3.04 and a beta of 0.72. The company has a quick ratio of 0.51, a current ratio of 1.61 and a debt-to-equity ratio of 0.63. The company has a 50-day moving average price of $3.07 and a two-hundred day moving average price of $2.37. Vince Holding Corp. has a twelve month low of $1.02 and a twelve month high of $5.57.

Vince (NYSE:VNCE) last announced its quarterly earnings results on Tuesday, December 9th. The textile maker reported $0.21 EPS 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 analysts’ expectations of $80.88 million. During the same period in the prior year, the company posted $0.34 EPS. Equities analysts forecast that Vince Holding Corp. will post 0.63 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Algert Global LLC purchased a new stake in Vince in the third quarter valued at approximately $57,000. Bridgeway Capital Management LLC increased its holdings in shares of Vince by 31.8% in 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 during the last quarter. Two Sigma Investments LP increased its holdings in shares of Vince by 481.6% in 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 during the last quarter. Finally, FreeGulliver LLC raised 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 buying an additional 92,322 shares in the last quarter. Hedge funds and other institutional investors own 16.11% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on VNCE shares. Noble Financial boosted their price objective on Vince from $2.50 to $4.50 and gave the company an “outperform” rating in a research note on Thursday, September 11th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Vince in a report on Wednesday, October 8th. Finally, Zacks Research raised shares of Vince from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $4.50.

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.