Gordmans Stores, Inc. (GMAN) Files Form 4 Insider Selling : Richard H Heyman Sells 1,966 Shares

Gordmans Stores, Inc. (GMAN): Richard H Heyman , SVP & CIO of Gordmans Stores, Inc. sold 1,966 shares on Jun 6, 2016. The Insider selling transaction was reported by the company on Jun 8, 2016 to the Securities and Exchange Commission. The shares were sold at $1.68 per share for a total value of $3,343.44 , 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 8, 2016, James Ballister Brown (CFO) purchased 1,500 shares at $2.20 per share price.On Mar 30, 2016, Roger L. Glenn (Senior VP of Human Resources) purchased 500 shares at $2.15 per share price.Also, On Aug 27, 2015, Stewart M Kasen (director) purchased 3,000 shares at $3.60 per share price.On Aug 27, 2015, Kenneth I Tuchman (director) purchased 2,500 shares at $4.31 per share price.

Shares of Gordmans Stores (GMAN) ended Tuesday, Jun 7, 2016 session in red amid volatile trading. The shares closed down -0.05 points or -2.98% at $1.63 with 55,912 shares getting traded. Post opening the session at $1.65, the shares hit an intraday low of $1.63 and an intraday high of $1.68 and the price vacillated in this range throughout the day. The company has a market cap of $32 M and the number of outstanding shares has been calculated to be 1,96,55,793 shares. The 52-week high of Gordmans Stores is $6.59 and the 52-week low is $1.63.

Gordmans Stores Money Flow Index Chart

Company has been under the radar of several Street Analysts.Gordmans Stores is Downgraded by Piper Jaffray to Neutral. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Mar 21, 2016.

Gordmans Stores Inc. is an everyday value price department store featuring a selection of brands fashions and styles at up to 60% off department and specialty store prices in an environment. The Company’s merchandise assortment includes apparel and footwear for men women and children accessories fragrances and home fashions. The Company offers young men’s men’s juniors’ women’s team plus sizes maternity and children’s clothing which includes offerings for infants toddlers boys and girls. Its accessories business includes designer fragrances intimate apparel handbags sunglasses fashion jewelry legwear and sleepwear. The Company operates approximately 97 stores under the trade name Gordmans located in 21 states situated in a range of shopping center formats including regional enclosed shopping malls lifestyle centers and power centers.

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