Reformation (NYSE:REF) Upgraded at Wall Street Zen

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

Reformation Stock Down 4.2%

Shares of REF opened at $15.10 on Friday. Reformation has a fifty-two week low of $14.70 and a fifty-two week high of $17.26.

Insider Activity

In other news, major shareholder Scsp Refo sold 2,987,199 shares of Reformation stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $13.95, for a total value of $41,671,426.05. Following the transaction, the insider owned 29,091,749 shares in the company, valued at approximately $405,829,898.55. The trade was a 9.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Yael Aflalo sold 1,204,029 shares of the business’s stock in a transaction dated Wednesday, July 29th. The shares were 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 directly owned 11,725,803 shares of the company’s stock, valued at approximately $163,574,951.85. This trade represents a 9.31% decrease in their position. The disclosure for this sale is available in the SEC filing.

About Reformation

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