Conns Inc (CONN): Warren A Stephens , 10% owner of Conns Inc purchased 250,000 shares on Apr 8, 2016. The Insider buying transaction was disclosed on Apr 12, 2016 to the Securities and Exchange Commission. The shares were purchased at $10.74 per share for a total value of $2,684,950.00.
Currently the company Insiders own 16.43% of CONN'S shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by 5.02%.Institutional Investors own 92.43% of CONN'S shares.During last six month period, the net percent change held by insiders has seen a change of 5.49%.
CONN'S: On Monday, Apr 11, 2016 heightened volatility was witnessed in CONN'S which led to swings in the share price. The shares opened for trading at $10.91 and hit $11.35 on the upside , eventually ending the session at $10.94, with a gain of 0.09% or 0.01 points. The heightened volatility saw the trading volume jump to 4,14,623 shares. The 52-week high of the share price is $43.95 and the company has a market cap of $335 M . The 52-week low of the share price is at $10.25.
Conn’s Inc. is a retailer that offers a selection of durable consumer goods and related services in addition to a credit solution for its primary credit constrained consumers. The Company operates business through its retail stores and Website. The Company operates through two segments: retail and credit. Its product offerings include furniture and mattresses home appliances consumer electronics and home office products. The Company’s retail stores bear the Conn’s or Conn’s HomePlus name and deliver the same products and services to a common customer group. Its credit offering provides financing solutions to a population of credit constrained consumers who typically have limited banking options and have credit scores between 550 and 650.