Conns Inc (CONN) Files Form 4 Insider Buying : William E Jr Saunders Buys 10,000 Shares

Conns Inc (CONN): William E Jr Saunders , director of Conns Inc purchased 10,000 shares on Jun 24, 2016. The Insider buying transaction was reported by the company on Jun 27, 2016 to the Securities and Exchange Commission. The shares were purchased at $7.60 per share for a total value of $76,000.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 12, 2016, Harriet C Stephens (10% owner) purchased 250,000 shares at $10.74 per share price.On Apr 12, 2016, Warren A Stephens (10% owner) purchased 250,000 shares at $10.74 per share price.Also, On Jan 13, 2016, Warren A Trust Uid 9/ Stephens (10% owner) purchased 30,000 shares at $16.76 per share price.On Jan 13, 2016, Curtis F Jr Bradbury (10% owner) purchased 29,399 shares at $17.01 per share price.

Shares of CONN'S (CONN) ended Friday, Jun 24, 2016 session in red amid volatile trading. The shares closed down -0.34 points or -4.21% at $7.73 with 9,82,683 shares getting traded. Post opening the session at $7.62, the shares hit an intraday low of $7.53 and an intraday high of $7.8 and the price vacillated in this range throughout the day. The company has a market cap of $237 M and the number of outstanding shares has been calculated to be 3,06,98,177 shares. The 52-week high of CONN'S is $43.95 and the 52-week low is $7.53.

CONN'S Money Flow Index Chart

Company has been under the radar of several Street Analysts.CONN'S is Downgraded by Piper Jaffray to Neutral. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Jun 3, 2016.

Conn’s Inc. is a retailer that offers a selection of durable consumer goods and related services in addition to a credit solution for its primary credit constrained consumers. The Company operates business through its retail stores and Website. The Company operates through two segments: retail and credit. Its product offerings include furniture and mattresses home appliances consumer electronics and home office products. The Company’s retail stores bear the Conn’s or Conn’s HomePlus name and deliver the same products and services to a common customer group. Its credit offering provides financing solutions to a population of credit constrained consumers who typically have limited banking options and have credit scores between 550 and 650.

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