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 the business’s stock in a transaction dated Wednesday, January 22nd. The shares were sold at an average price of $2.33, for a total value of $16,818,837.05. Following the transaction, the insider now owns 1,262,933 shares in the company, valued at $2,942,633.89. This represents a 85.11 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Vince Stock Down 15.7 %

VNCE opened at $3.29 on Friday. Vince Holding Corp. has a fifty-two week low of $1.27 and a fifty-two week high of $6.89. The company has a market capitalization of $41.47 million, a P/E ratio of 8.89 and a beta of 1.47. 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 firm’s fifty day moving average price is $2.86 and its two-hundred day moving average price is $2.15.

Vince (NYSE:VNCE) last issued its earnings results on Tuesday, December 10th. The textile maker reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.11. Vince had a negative return on equity of 5.77% and a net margin of 1.60%. On average, analysts anticipate that Vince Holding Corp. will post 0.63 EPS for the current year.

Vince Company Profile

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.