Trans World Entertainment Corp (TWMC) Files Form 4 Insider Buying : Lloyd I Iii Miller Buys 25,000 Shares

Trans World Entertainment Corp (TWMC): Lloyd I Iii Miller , 10% owner of Trans World Entertainment Corp purchased 25,000 shares on Apr 8, 2016. The Insider buying transaction was disclosed on Apr 11, 2016 to the Securities and Exchange Commission. The shares were purchased at $3.75 per share for a total value of $93,750.00.

Currently the company Insiders own 48.8% of Trans World Entertainment Corporation shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by 0.25%.Institutional Investors own 22.01% of Trans World Entertainment Corporation shares.During last six month period, the net percent change held by insiders has seen a change of 0.25%.

Trans World Entertainment Corporation is specialty retailer company. The Company owns 100% of Record Town Inc. through which the Company’s principal operations are conducted. The Company operates retail stores and three e-commerce sites and is one of the largest specialty retailers of entertainment products including video music trend electronics video games and related products in the United States. The Company operates approximately 310 stores totaling approximately 1.8 million square feet in the United States the District of Columbia and the United States Virgin Islands. The Company operates approximately 270 mall-based stores predominantly under the For Your Entertainment (f.y.e.) brand including f.y.e. stores and video only stores. The Company operates approximately 261 traditional mall-based f.y.e. stores. The Company operates approximately nine video only stores predominately under the Suncoast Motion Pictures brand.

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