Stage Stores Inc (SSI) Files Form 4 Insider Buying : Russ Ii Lundy Buys 4,000 Shares

Stage Stores Inc (SSI): Russ Ii Lundy , EVP, Chief Stores Officer of Stage Stores Inc purchased 4,000 shares on Jun 20, 2016. The Insider buying transaction was reported by the company on Jun 21, 2016 to the Securities and Exchange Commission. The shares were purchased at $5.18 per share for a total value of $20,720.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 26, 2016, Russ Ii Lundy (EVP, Chief Stores Officer) purchased 6,000 shares at $5.25 per share price.On May 23, 2016, Richard E Stasyszen (SVP, Finance and Controller) purchased 5,000 shares at $5.10 per share price.Also, On May 23, 2016, Earl J Hesterberg (director) purchased 15,000 shares at $4.78 per share price.On May 23, 2016, Stephen B Parsons (EVP, Chief HR Officer) purchased 4,000 shares at $4.91 per share price.

Shares of Stage Stores Inc (SSI) ended Monday, Jun 20, 2016 session in red amid volatile trading. The shares closed down -0.04 points or -0.77% at $5.17 with 4,36,460 shares getting traded. Post opening the session at $5.35, the shares hit an intraday low of $5.16 and an intraday high of $5.45 and the price vacillated in this range throughout the day. The company has a market cap of $140 M and the number of outstanding shares has been calculated to be 2,70,69,602 shares. The 52-week high of Stage Stores Inc is $18.51 and the 52-week low is $4.44.

Stage Stores Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Stage Stores Inc is Reiterated by Telsey Advisory Group to Market Perform while Lowering the Price Target of the company shares to $ 5.25 from a previous price target of $7.50 . The Rating was issued on May 20, 2016.

Stage Stores Inc. (Stage Stores) operates primarily in small and mid-sized towns and communities. Its stores which operate under the Bealls Goody’s Palais Royal Peebles and Stage names offer moderately priced nationally recognized brand name apparel accessories cosmetics and footwear for the entire family. The Company operates approximately 850 stores in 40 states.

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