DSW (DSW) : Traders are bullish on DSW (DSW) as it has outperformed the S&P 500 by a wide margin of 8.31% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.61%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 6.17% in the last 1 week, and is up 13.05% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 10.06% and the 50-Day Moving Average is 10.71%.
DSW (NYSE:DSW): The stock opened at $23.87 on Friday but the bulls could not build on the opening and the stock topped out at $24.09 for the day. The stock traded down to $23.65 during the day, due to lack of any buying support eventually closed down at $23.74 with a loss of -0.08% for the day. The stock had closed at $23.76 on the previous day. The total traded volume was 1,428,839 shares.
The company Insiders own 20.3% of DSW shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 145.68% . Institutional Investors own 86.64% of DSW shares. During last six month period, the net percent change held by insiders has seen a change of 145.68%. In a related news, Rawlins Roger, CEO of Dsw Inc. had purchased 12,249 shares on May 26, 2016 in a transaction. The price per share was $20.49 and the total amount of the disclosed transaction was $250,982.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
DSW Inc. is a footwear and accessories retailer. The Company offers assortment of shoes, handbags and accessories for women and men. The Company operates through two segments: the DSW segment and the Affiliated Business Group (ABG) segment. Its DSW segment includes DSW stores and dsw.com. The Company separates DSW merchandise into four primary categories: womens footwear; mens footwear; athletic footwear; and accessories and other. The ABG segment partners with four other retailers to help build and optimize their footwear businesses. As of January 31, 2015, the Company operated 431 DSW stores in 42 states, the District of Columbia and Puerto Rico. DSW stores average approximately 21,500 square feet and carry approximately 22,000 pairs of shoes. The Company also offers DSW Rewards, through which members earn points towards certificates every time they purchase.