Signet Jewelers Ltd (SIG) Files Form 4 Insider Buying : Mark Light Buys 2,897 Shares

Signet Jewelers Ltd (SIG): Mark Light , CEO of Signet Jewelers Ltd purchased 2,897 shares on Jun 7, 2016. The Insider buying transaction was reported by the company on Jun 8, 2016 to the Securities and Exchange Commission. The shares were purchased at $86.22 per share for a total value of $249,779.05 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 8, 2016, H. Todd Stitzer (director) purchased 3,480 shares at $86.25 per share price.On Jan 19, 2016, Sebastian Hobbs (Managing Director, UK) sold 360 shares at $123.85 per share price.Also, On Jan 14, 2016, Mark Andrew Jenkins (Chief Corp Gov/Corp Secretary) sold 8,478 shares at $126.61 per share price.On Oct 6, 2015, Edward Hrabak (President of Sterling Division) sold 77 shares at $138.52 per share price.

Shares of Signet Jewelers Ltd. (SIG) ended Tuesday, Jun 7, 2016 session in red amid volatile trading. The shares closed down -0.49 points or -0.57% at $85.9 with 29,70,985 shares getting traded. Post opening the session at $86.5, the shares hit an intraday low of $84.15 and an intraday high of $86.71 and the price vacillated in this range throughout the day. The company has a market cap of $6,701 M and the number of outstanding shares has been calculated to be 7,80,05,828 shares. The 52-week high of Signet Jewelers Ltd. is $152.27 and the 52-week low is $84.15.

Signet Jewelers Ltd. Money Flow Index Chart

Company has been under the radar of several Street Analysts.Signet Jewelers Ltd. is Reiterated by Telsey Advisory Group to Outperform while Lowering the Price Target of the company shares to $ 140 from a previous price target of $165 . The Rating was issued on May 27, 2016.Signet Jewelers Ltd. is Downgraded by Goldman to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on May 27, 2016.Signet Jewelers Ltd. is Reiterated by Topeka Capital Markets to Buy and the brokerage firm has raised the Price Target to $ 170 from a previous price target of $169 .The Rating was issued on Mar 24, 2016.

Signet Jewelers Limited is a retailer of jewelry watches and associated services in the United States Canada and the United Kingdom. The Company manages its business through four segments: the Sterling Jewelers division the UK Jewelry division the Zale division which consists of Zale Jewelry and Piercing Pagoda and the Other segment. The Other segment includes subsidiaries involved in purchasing and conversion of rough diamonds to polished stones and unallocated corporate administrative functions. The Company operates retail jewelry stores in real estate formats including mall-based free-standing strip center and outlet store locations. The Company operated approximately 3579 stores and kiosks across 4.8 million square feet of retail space.

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