Coach Inc (COH) Files Form 4 Insider Selling : Susan J Kropf Sells 5,330 Shares

Coach Inc (COH): Susan J Kropf , director of Coach Inc sold 5,330 shares on May 3, 2016. The Insider selling transaction was reported by the company on May 4, 2016 to the Securities and Exchange Commission. The shares were sold at $40.81 per share for a total value of $217,517.30 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 17, 2015, Jane Nielsen (Chief Financial Officer) sold 13,194 shares at $31.50 per share price.On Mar 4, 2015, Sarah Dunn (Global Human Resources Officer) sold 4,000 shares at $43.23 per share price.Also, On Feb 26, 2015, Todd Kahn (Global Corp.Affairs Officer/GC) sold 7,667 shares at $43.00 per share price.

Shares of Coach Inc (COH) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -0.29 points or -0.71% at $40.42 with 30,39,721 shares getting traded. Post opening the session at $40.56, the shares hit an intraday low of $40.3 and an intraday high of $41.08 and the price vacillated in this range throughout the day. The company has a market cap of $11,224 M and the number of outstanding shares has been calculated to be 27,76,96,180 shares. The 52-week high of Coach Inc is $42.13 and the 52-week low is $27.2199.

Coach Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Coach Inc is Reiterated by Topeka Capital Markets to Buy and the brokerage firm has raised the Price Target to $ 50 from a previous price target of $47 .The Rating was issued on Apr 27, 2016.Coach Inc is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 46 from a previous price target of $42 .The Rating was issued on Apr 27, 2016.Coach Inc is Reiterated by UBS to Buy and the brokerage firm has raised the Price Target to $ 48 from a previous price target of $46 .The Rating was issued on Apr 27, 2016.Coach Inc is Reiterated by Mizuho to Neutral and the brokerage firm has raised the Price Target to $ 40 from a previous price target of $34 .The Rating was issued on Apr 22, 2016.Coach Inc is Reiterated by Wolfe Research to Outperform and the brokerage firm has raised the Price Target to $ 47 from a previous price target of $41 .The Rating was issued on Apr 22, 2016.

Coach Inc. (Coach) is a design house of modern luxury accessories and lifestyle collections. The Company operates through three segments: North America which includes sales to North American consumers through Coach-branded stores (including the Internet) and sales to wholesale customers; International segment which includes sales to consumers through Coach-branded stores (including the Internet) and concession shop-in-shops in Japan and mainland China Coach-operated stores and concession shop-in-shops in Hong Kong Macau Singapore Taiwan Malaysia South Korea the United Kingdom France Ireland Spain Portugal Germany Italy Belgium and the Netherlands as well as sales to wholesale customers and distributors in approximately 45 countries and Other segment which consists of sales and expenses generated by the Coach brand in other ancillary channels including licensing and disposition. Its product offerings include watches footwear scarves and jewelry.

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Coach Inc - Is it time to Sell?

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