V.F. Corporation (VFC) has risen sharply, recording gains of 0.85% in the past 4 weeks. However, the stock has corrected -0.03% in the past 1 week, providing a good buying opportunity on dips. V.F. Corporation (VFC) : During the past 4 weeks, traders have been relatively bearish on V.F. Corporation (VFC), hence the stock is down -3.37% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.5% relative to the S&P 500. The stock has recorded a 20-day Moving Average of 1.99% and the 50-Day Moving Average is 2.83%.
V.F. Corporation (NYSE:VFC): The stock opened at $64.70 on Friday but the bulls could not build on the opening and the stock topped out at $64.76 for the day. The stock traded down to $63.82 during the day, due to lack of any buying support eventually closed down at $64.03 with a loss of -1.07% for the day. The stock had closed at $64.72 on the previous day. The total traded volume was 2,394,553 shares.
The company Insiders own 1.7% of V.F. Corporation shares according to the proxy statements. Institutional Investors own 99.03% of V.F. Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -10.22%. In a related news, The Securities and Exchange Commission has divulged that Wiseman Eric C, (Chairman & CEO) of V F Corp, had unloaded 99,666 shares at an average price of $65.77 in a transaction dated on March 7, 2016. The total value of the transaction was worth $6,555,033.
V.F. Corporation (VF) is engaged in the design, manufacturing, marketing and distribution of branded lifestyle apparel, footwear and accessories. The Company operates through five coalitions: Outdoor & Action Sports, Jeanswear, Imagewear, Sportswear and Contemporary Brands. The Company owns a portfolio of brands in the outerwear, footwear, denim, backpack, luggage, accessory, sportswear, occupational and performance apparel categories. The Companys brands primarily include The North Face, Vans, Timberland, Wrangler, Lee and Nautica. The Companys products are marketed to consumers shopping in specialty stores, upscale and traditional department stores, national chains, mass merchants and its own direct-to-consumer operations. Its direct-to-consumer business includes VF-operated stores, concession retail stores and e-commerce sites. The Companys brands sell products in international markets through licensees, distributors and independently-operated partnership stores.