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

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

Vince Stock Down 15.7 %

Shares of VNCE traded down $0.61 during midday trading on Friday, hitting $3.29. The stock had a trading volume of 2,061,617 shares, compared to its average volume of 9,599,925. The firm has a market cap of $41.47 million, a price-to-earnings ratio of 8.89 and a beta of 1.47. The company has a 50 day simple moving average of $2.79 and a two-hundred day simple moving average of $2.12. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.74 and a quick ratio of 0.64. Vince Holding Corp. has a twelve month low of $1.27 and a twelve month high of $6.89.

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%. On average, analysts anticipate 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.