Iconix Brand Group, Inc. (ICON): David Blumberg , EVP – Chief Strategy Officer of Iconix Brand Group, Inc. sold 11,000 shares on May 19, 2016. The Insider selling transaction was reported by the company on May 20, 2016 to the Securities and Exchange Commission. The shares were sold at $7.61 per share for a total value of $83,737.50 , 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, F Peter Cuneo (Executive Chairman) purchased 50,000 shares at $7.99 per share price.On May 11, 2016, David Blumberg (EVP – Chief Strategy Officer) sold 20,830 shares at $8.27 per share price.Also, On Apr 15, 2016, Plc Barclays (10% owner) purchased 3,000 shares at $8.45 per share price.
Shares of Iconix Brand Group Inc (ICON) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.17 points or -2.23% at $7.47 with 7,16,841 shares getting traded. Post opening the session at $7.59, the shares hit an intraday low of $7.39 and an intraday high of $7.72 and the price vacillated in this range throughout the day. The company has a market cap of $362,556 M and the number of outstanding shares has been calculated to be 48,53,50,00,000 shares. The 52-week high of Iconix Brand Group Inc is $27.5 and the 52-week low is $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.