Large Outflow of Money Witnessed in Carters

Carters (NYSE:CRI) traded on a positive note gaining 0.3 points or 0.29% to be valued at $102.02 per share. Intraday, the shares aggregated $7.44 million in upticks but saw an exodus of $8.37 million in downticks. The net money flow was calculated to be $(-0.93) million with the final up/down ratio coming in at 0.89. The share price has seen a change of -0.94% in value during the week.


Currently the company Insiders own 3.1% of Carters shares according to the proxy statements. Institutional Investors own 93.14% of Carters shares. During last six month period, the net percent change held by insiders has seen a change of -16.43%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Westenberger Richard F., officer (Chief Financial Officer) of Carters Inc, had unloaded 4,000 shares at an average price of $107.44 in a transaction dated on May 2, 2016. The total value of the transaction was worth $429,760.

Carters (NYSE:CRI) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.15 points or 0.15% at $101.57 with 409,094 shares getting traded. Post opening the session at $100.94, the shares hit an intraday low of $100.94 and an intraday high of $102.49 and the price was in this range throughout the day. The company has a market cap of $5,157 million and the number of outstanding shares have been calculated to be 50,770,965 shares. The 52-week high of Carters (NYSE:CRI) is $109.53 and the 52-week low is $82.22.

Carters, Inc. is a marketer of apparel for babies and young children in the United States. The Company owns two brand names in the childrens apparel industry, Carters and OshKosh. The Company operates through five business segments: Carters retail, Carters wholesale, OshKosh retail, OshKosh wholesale and International. It offers multiple product categories, including baby, sleepwear, playclothes and related accessories. As of January 3, 2015, the Company had approximately 18,000 wholesale locations (including national department stores, chain and specialty stores and discount retailers), 855 Company-operated stores and its Websites. As of January 3, 2015, the Company operated 531 Carters and 200 OshKosh outlet, brand, and specialty stores in the United States. As of January 3, 2015, its products are sold through 124 Company-operated stores in Canada in addition to its international wholesale, licensing and online channels.

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