Iconix Brand Group, Inc. (ICON): F Peter Cuneo , Executive Chairman of Iconix Brand Group, Inc. purchased 50,000 shares on May 9, 2016. The Insider buying transaction was reported by the company on May 11, 2016 to the Securities and Exchange Commission. The shares were purchased at $7.99 per share for a total value of $399,500.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 11, 2016, David Blumberg (EVP – Chief Strategy Officer) sold 20,830 shares at $8.27 per share price.On Apr 15, 2016, Plc Barclays (10% owner) purchased 3,000 shares at $8.45 per share price.
Iconix Brand Group Inc: On Tuesday, May 10, 2016 heightened volatility was witnessed in Iconix Brand Group Inc which led to swings in the share price. The shares opened for trading at $8.07 and hit $8.43 on the upside , eventually ending the session at $8.28, with a gain of 3.63% or 0.29 points. The heightened volatility saw the trading volume jump to 6,13,383 shares. The 52-week high of the share price is $27.77 and the company has a market cap of $402 M . The 52-week low of the share price is at $4.67.
Iconix Brand Group Inc. is a brand management company and owner of a diversified portfolio of 35 global consumer brands across women’s men’s entertainment and home. The Company’s brand portfolio includes Candie’s Bongo Badgley Mischka Joe Boxer Rampage Mudd London Fog Mossimo Ocean Pacific (OP) Danskin Rocawear Cannon Royal Velvet Fieldcrest Charisma Starter Waverly Zoo York Sharper Image Umbro Lee Cooper Ecko Unltd. Marc Ecko and Strawberry Shortcake. The Company also has interest in Artful Dodger Material Girl Peanuts Ed Hardy Truth or Dare Billionaire Boys Club Ice Cream Modern Amusement Buffalo Nick Graham Pony and Hydraulic brands. The Company licenses its brands with respect to a range of products including apparel footwear fashion accessories sportswear home products and decor and beauty and fragrance and in the case of its Sharper Image brand consumer electronics and novelty products.