Express, Inc. (EXPR): Matthew C Moellering , EVP & Chief Operating Officer of Express, Inc. sold 8,000 shares on Apr 11, 2016. The Insider selling transaction was reported by the company on Apr 13, 2016 to the Securities and Exchange Commission. The shares were sold at $20.02 per share for a total value of $160,160.00 according the SEC Form 4 Filing.
Company has been under the radar of several Street Analysts.Express is Reiterated by UBS to Neutral and the brokerage firm has raised the Price Target to $ 21 from a previous price target of $18 .The Rating was issued on Mar 14, 2016.Express is Reiterated by Wedbush to Outperform and the brokerage firm has raised the Price Target to $ 27 from a previous price target of $26 .The Rating was issued on Mar 10, 2016.
Currently the company Insiders own 5.5% of Express shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -9.09%.During last six month period, the net percent change held by insiders has seen a change of -9.09%.
Shares of Express (EXPR) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -0.03 points or -0.15% at $19.81 with 22,49,445 shares getting traded. Post opening the session at $20.02, the shares hit an intraday low of $19.65 and an intraday high of $20.165 and the price vacillated in this range throughout the day. The company has a market cap of $1,555 M and the number of outstanding shares has been calculated to be 7,85,06,086 shares. The 52-week high of Express is $21.57 and the 52-week low is $15.53.
Express Inc. is a specialty apparel and accessories retailer offering both women’s and men’s merchandise targeting the 20 to 30 year old customer. The Company offers an assortment of fashionable apparel and accessories to address fashion needs across multiple aspects of lifestyles including work casual jeans wear and going-out occasions. The Company operates one segment which includes the operation of its brick-and-mortar retail and outlet stores e-commerce operations and franchise operations. The Company sells its products through its e-commerce Website www.express.com and has franchise agreements with franchisees that operate Express locations in Latin America the Middle East and South Africa. The Company operates approximately 641 stores across the United States in Canada and in Puerto Rico including 41 factory outlet stores.