Tiffany & Co. (NYSE:TIF) has tumbled 0.87% during the past week and has dropped 5.32% in the last 4 week period. The company has outperformed the S&P 500 by 0.32% in the past week but underperformed the index by 6.18% in the last 4 weeks.
Tiffany & Co. (NYSE:TIF): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $60.40 and $60.22 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $61.47. The buying momentum continued till the end and the stock did not give up its gains. It closed at $61.23, notching a gain of 1.11% for the day. The total traded volume was 3,151,264 . The stock had closed at $60.56 on the previous day.
The company shares have dropped -34.34% from its 1 Year high price. On Aug 10, 2015, the shares registered one year high at $96.43 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $64.91 and the 200 Day Moving Average price is recorded at $68.66.
On the companys insider trading activities, Harlan Leigh M., officer (SENIOR VICE PRESIDENT) of Tiffany & Co, unloaded 070 shares at an average price of $63.94 on May 19, 2016. The total amount of the transaction was worth $4,476, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Goldman Sachs maintains its view on Tiffany & Co. (NYSE:TIF) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Goldman Sachs lowers the price target from $71 per share to $69 per share on Tiffany & Co.. The rating by the firm was issued on May 26, 2016. Currently the company Insiders own 1.4% of Tiffany & Co. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 33.54% . Institutional Investors own 85.57% of Tiffany & Co. shares. During last six month period, the net percent change held by insiders has seen a change of 77.39%.
Tiffany & Co. is a holding company. The Company operates through its subsidiary companies. The Companys principal product category is jewelry. The Company also sells timepieces, leather goods, sterling silver goods (other than jewelry), china, crystal, stationery, fragrances and accessories. Its brands include TIFFANY and TIFFANY & CO., as well as the TIFFANY BLUE BOX. Its segments include Americas, Asia-Pacific, Japan, Europe and Other. It operates e-commerce enabled Websites in 13 countries, as well as informational Websites in various additional countries.