Foot Locker, Inc. (FL) Files Form 4 Insider Selling : Matthew M Mckenna Sells 10,628 Shares

Foot Locker, Inc. (FL): Matthew M Mckenna , director of Foot Locker, Inc. sold 10,628 shares on Apr 8, 2016. The Insider selling transaction was disclosed on Apr 12, 2016 to the Securities and Exchange Commission. The shares were sold at $62.35 per share for a total value of $662,600.56.

Company has been under the radar of several Street Analysts.Foot Locker is Resumed by Credit Suisse to Neutral. The Rating was issued on Feb 5, 2016.

Currently the company Insiders own 3.6% of Foot Locker shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -6.8%.Institutional Investors own 99.17% of Foot Locker shares.During last six month period, the net percent change held by insiders has seen a change of -6.8%.

Shares of Foot Locker (FL) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -2.45 points or -3.96% at $59.46 with 44,63,418 shares getting traded. Post opening the session at $61.5, the shares hit an intraday low of $59.45 and an intraday high of $61.79 and the price vacillated in this range throughout the day. The company has a market cap of $8,092 M and the number of outstanding shares has been calculated to be 13,60,94,470 shares. The 52-week high of Foot Locker is $77.25 and the 52-week low is $57.23.

Foot Locker Money Flow Index Chart

Foot Locker Inc. is a retailer of shoes and apparel. The Company operates in two segments: Athletic Stores and Direct-to-Customers. The Athletic Stores segment is an athletic footwear and apparel retailer whose formats include Foot Locker Lady Foot Locker Kids Foot Locker Champs Sports Footaction and SIX:02 as well as the retail stores of Runners Point Group including Runners Point and Sidestep. The Direct-to-Customers segment includes Inc. and other affiliates including Eastbay Inc. and the direct-to-customer subsidiary of Runners Point Group which sell to customers through their Internet and mobile sites and catalogs. As of January 31 2015 the Company operated 3423 primarily mall-based stores in the United States Canada Europe Australia and New Zealand. As of January 31 2015 the Company operated a total of 78 franchised stores of which 31 are in the Middle East 27 in Germany and Switzerland and 20 in the Republic of Korea.

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