Vince Holding Corp. (NYSE:VNCE) Major Shareholder Rodger R. Krouse Sells 7,218,385 Shares

Vince Holding Corp. (NYSE:VNCE) major shareholder Rodger R. Krouse sold 7,218,385 shares of the company’s stock in a transaction on Wednesday, January 22nd. The shares were sold at an average price of $2.33, for a total transaction of $16,818,837.05. Following the completion of the sale, the insider now owns 1,262,933 shares of the company’s stock, valued at approximately $2,942,633.89. This represents a 85.11 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Vince Stock Down 15.7 %

Shares of Vince stock opened at $3.29 on Friday. Vince Holding Corp. has a 1 year low of $1.27 and a 1 year high of $6.89. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.74 and a quick ratio of 0.64. The company has a market capitalization of $41.47 million, a P/E ratio of 8.89 and a beta of 1.47. The business has a 50-day moving average of $2.86 and a two-hundred day moving average of $2.14.

Vince (NYSE:VNCE) last announced its earnings results on Tuesday, December 10th. The textile maker reported $0.34 EPS for the quarter, topping the consensus estimate of $0.23 by $0.11. Vince had a net margin of 1.60% and a negative return on equity of 5.77%. As a group, equities analysts predict that Vince Holding Corp. will post 0.63 EPS for the current year.

About Vince

Vince Holding Corp. provides luxury apparel and accessories in the United States and internationally. It operates through Vince Wholesale, Vince Direct-to-Consumer segments. The company offers a range of men's and women's products, such as cashmere sweaters, silk blouses, leather and suede products, and jackets, dresses, skirts, pants, t-shirts, footwear, outerwear, and accessories, as well as woven shirts, core and fashion pants, and blazers under the Vince brand.