Weyco Group Inc (WEYS) Files Form 4 Insider Selling : Cory L Nettles Sells 2,000 Shares

Weyco Group Inc (WEYS): Cory L Nettles , director of Weyco Group Inc sold 2,000 shares on Apr 18, 2016. The Insider selling transaction was reported by the company on Apr 20, 2016 to the Securities and Exchange Commission. The shares were sold at $27.98 per share for a total value of $55,964.80 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 28, 2016, Tina M Chang (director) sold 1,000 shares at $25.07 per share price.On Dec 9, 2015, Judy Anderson (other) sold 397 shares at $26.63 per share price.Also, On Nov 10, 2015, John W Florsheim (President & COO) sold 27,510 shares at $28.23 per share price.On Nov 10, 2015, John Wittkowske (VP/CFO) sold 28,500 shares at $28.23 per share price.

Weyco Group: On Monday, Apr 18, 2016 heightened volatility was witnessed in Weyco Group which led to swings in the share price. The shares opened for trading at $27.82 and hit $28.17 on the upside , eventually ending the session at $28.05, with a gain of 1.08% or 0.3 points. The heightened volatility saw the trading volume jump to 7,296 shares. The 52-week high of the share price is $31.01 and the company has a market cap of $300 M . The 52-week low of the share price is at $22.94.

Weyco Group Money Flow Index Chart

Currently the company Insiders own 40.82% of Weyco Group shares according to the proxy statements.Institutional Investors own 31.91% of Weyco Group shares.During last six month period, the net percent change held by insiders has seen a change of -5.6%.

Weyco Group Inc. is a distributor of footwear. The Company designs and markets footwear for men women and children. Its products include leather dress shoes casual footwear outdoor boots shoes and sandals. It offers products under brands such as Florsheim Nunn Bush Stacy Adams BOGS Rafters and Umi. Its business is separated into two segments: the North American wholesale segment (wholesale) and the North American retail segment (retail). It also has other wholesale and retail businesses overseas which include its businesses in Australia South Africa and Asia Pacific and its wholesale and retail businesses in Europe. At wholesale shoes are marketed by it throughout the United States and Canada in around 10000 shoe clothing and department stores. The retail segment consists of around 16 Company-operated stores and an Internet business in the United States.

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