Stocks of DSW (NYSE:DSW) rallied by 2.54% during the past week but lost 1.69% on a 4-week basis. The company has outperformed the S&P 500 by 3.77% in the past week but underperformed the index by 2.58% in the last 4 weeks.
DSW (NYSE:DSW): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $20.58 and $20.58 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $21.28. The buying momentum continued till the end and the stock did not give up its gains. It closed at $21.00, notching a gain of 1.79% for the day. The total traded volume was 2,078,165 . The stock had closed at $20.63 on the previous day.
The company shares have dropped -38.38% from its 1 Year high price. On Jul 13, 2015, the shares registered one year high at $35.20 and the one year low was seen on May 24, 2016. The 50-Day Moving Average price is $21.78 and the 200 Day Moving Average price is recorded at $24.14.
On the companys insider trading activities, Rawlins Roger, CEO of Dsw Inc., had purchased 12,249 shares on May 26, 2016. The total value of the transaction was $250,982. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm Susquehanna maintains its rating on DSW (NYSE:DSW). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at Susquehanna lowers the price target from $27 per share to $24 per share. The rating by the firm was issued on May 16, 2016. Currently the company Insiders own 20.3% of DSW shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 145.68% . Institutional Investors own 86.41% of DSW shares. During last six month period, the net percent change held by insiders has seen a change of 145.68%.
DSW Inc. is a footwear and accessories retailer. The Company offers assortment of shoes, handbags and accessories for women and men. The Company operates through two segments: the DSW segment and the Affiliated Business Group (ABG) segment. Its DSW segment includes DSW stores and dsw.com. The Company separates DSW merchandise into four primary categories: womens footwear; mens footwear; athletic footwear; and accessories and other. The ABG segment partners with four other retailers to help build and optimize their footwear businesses. As of January 31, 2015, the Company operated 431 DSW stores in 42 states, the District of Columbia and Puerto Rico. DSW stores average approximately 21,500 square feet and carry approximately 22,000 pairs of shoes. The Company also offers DSW Rewards, through which members earn points towards certificates every time they purchase.