V.F. Corporation (NYSE:VFC) has climbed 1.34% in the past week and advanced 3.34% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.56% and the outperformance has advanced to 2.39% for the last 4 weeks period.
V.F. Corporation (NYSE:VFC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $62.20 and $62.00 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $63.64. The buying momentum continued till the end and the stock did not give up its gains. It closed at $63.49, notching a gain of 1.91% for the day. The total traded volume was 6,197,211 . The stock had closed at $62.30 on the previous day.
The company shares have dropped -9.47% from its 1 Year high price. On Jul 31, 2015, the shares registered one year high at $77.40 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $62.43 and the 200 Day Moving Average price is recorded at $62.39.
On the companys insider trading activities, Wiseman Eric C, (Chairman & CEO) of V F Corp, unloaded 99,666 shares at an average price of $65.77 on March 7, 2016. The total amount of the transaction was worth $6,555,033, 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. BB&T Capital downgrades their rating on the shares of V.F. Corporation (NYSE:VFC). The current rating of the shares is Hold. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on April 25, 2016. Currently the company Insiders own 1.7% of V.F. Corporation shares according to the proxy statements. Institutional Investors own 84.01% of V.F. Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -10.22%.
V.F. Corporation (VF) is engaged in the design, manufacturing, marketing and distribution of branded lifestyle apparel, footwear and accessories. The Company operates through five coalitions: Outdoor & Action Sports, Jeanswear, Imagewear, Sportswear and Contemporary Brands. The Company owns a portfolio of brands in the outerwear, footwear, denim, backpack, luggage, accessory, sportswear, occupational and performance apparel categories. The Companys brands primarily include The North Face, Vans, Timberland, Wrangler, Lee and Nautica. The Companys products are marketed to consumers shopping in specialty stores, upscale and traditional department stores, national chains, mass merchants and its own direct-to-consumer operations. Its direct-to-consumer business includes VF-operated stores, concession retail stores and e-commerce sites. The Companys brands sell products in international markets through licensees, distributors and independently-operated partnership stores.