G Iii Apparel Group Ltd /de/ (GIII) Files Form 4 Insider Selling : Laura H Pomerantz Sells 109 Shares

G Iii Apparel Group Ltd /de/ (GIII): Laura H Pomerantz , director of G Iii Apparel Group Ltd /de/ sold 109 shares on Apr 14, 2016. The Insider selling transaction was reported by the company on Apr 18, 2016 to the Securities and Exchange Commission. The shares were sold at $45.39 per share for a total value of $4,947.83 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Oct 13, 2015, Sammy Aaron (Vice Chairman) sold 27,159 shares at $64.94 per share price.On Oct 8, 2015, Wayne S Miller (Chief Operating Officer) sold 35,000 shares at $64.76 per share price.Also, On Oct 8, 2015, Morris Goldfarb (CEO and President) sold 137,631 shares at $64.30 per share price.On Oct 8, 2015, Jeffrey David Goldfarb (director) sold 12,683 shares at $63.59 per share price.

G-III Apparel Group Ltd.: On Friday, Apr 15, 2016 heightened volatility was witnessed in G-III Apparel Group Ltd. which led to swings in the share price. The shares opened for trading at $45.61 and hit $46.49 on the upside , eventually ending the session at $46.26, with a gain of 1.00% or 0.46 points. The heightened volatility saw the trading volume jump to 4,38,838 shares. The 52-week high of the share price is $73.93 and the company has a market cap of $2,107 M . The 52-week low of the share price is at $39.5.

G-III Apparel Group Ltd. Money Flow Index Chart

Company has been under the radar of several Street Analysts.G-III Apparel Group Ltd. is Reiterated by Telsey Advisory Group to Outperform while Lowering the Price Target of the company shares to $ 54 from a previous price target of $64 . The Rating was issued on Mar 23, 2016.G-III Apparel Group Ltd. is Reiterated by Wunderlich to Buy while Lowering the Price Target of the company shares to $ 52 from a previous price target of $62 . The Rating was issued on Mar 23, 2016.

Currently the company Insiders own 11.5% of G-III Apparel Group Ltd. shares according to the proxy statements.Institutional Investors own 95.2% of G-III Apparel Group Ltd. shares.During last six month period, the net percent change held by insiders has seen a change of -5.14%.

G-III Apparel Group Ltd. designs manufactures and markets a range of apparel products. The Company’s apparel products include outerwear dresses sportswear swimwear women’s suits and women’s performance wear as well as footwear luggage and women’s handbags small leather goods and cold weather accessories. The Company operates through three segments Licensed Products Non-Licensed Products and Retail Operations. The Licensed products segment includes sales of products under brands licensed by the Company from third parties. The Non-licensed products segment includes sales of products under its own brands and under private label brands. The retail operations segment consists primarily of its Wilsons Leather and G.H. Bass stores as well as Calvin Klein Performance stores.

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