Ascena Retail Group, Inc. (ASNA): Elliot S Jaffe , Chairman of Ascena Retail Group, Inc. sold 1,190 shares on Sep 27, 2016. The Insider selling transaction was reported by the company on Sep 27, 2016 to the Securities and Exchange Commission. The shares were sold at $5.66 per share for a total value of $6,739.68 , 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 3, 2016, Robert Giammatteo (CFO) purchased 5,000 shares at $7.18 per share price.On Apr 7, 2016, Katie J Bayne (director) purchased 4,000 shares at $10.12 per share price.Also, On Mar 16, 2016, Catherine Elizabeth Buggeln (director) purchased 5,000 shares at $10.25 per share price.On Jan 28, 2016, John E Pershing (EVP, Chief HR Officer) sold 4,505 shares at $7.47 per share price.
Ascena Retail Group Inc: On Thursday, Sep 22, 2016 heightened volatility was witnessed in Ascena Retail Group Inc which led to swings in the share price. The shares opened for trading at $5.65 and hit $5.92 on the upside , eventually ending the session at $5.91, with a gain of 6.10% or 0.34 points. The heightened volatility saw the trading volume jump to 56,24,920 shares. The 52-week high of the share price is $14.76 and the company has a market cap of $1,148 M . The 52-week low of the share price is at $5.33.
Company has been under the radar of several Street Analysts.Ascena Retail Group Inc is Downgraded by RBC Capital Mkts to Sector Perform while Lowering the Price Target of the company shares to $ 7 from a previous price target of $12 . Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Sep 20, 2016.Ascena Retail Group Inc is Reiterated by Telsey Advisory Group to Market Perform while Lowering the Price Target of the company shares to $ 7 from a previous price target of $9 . The Rating was issued on Sep 20, 2016.Ascena Retail Group Inc is Downgraded by FBR & Co. to Mkt Perform while Lowering the Price Target of the company shares to $ 7 from a previous price target of $15 . Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Sep 20, 2016.
Ascena Retail Group Inc. is a specialty retailer which offers clothing shoes and accessories for missy and plus-size women. The Company offers its products under the Ann Taylor LOFT Lane Bryant maurices dressbarn Catherines and Justice brands. It operates through six segments: ANN Justice Lane Bryant maurices dressbarn and Catherines. The ANN segment consists of specialty retail outlet and e-commerce operations of Ann Taylor and LOFT brands. The Justice merchandise mix includes apparel accessories footwear intimates and lifestyle products. The Lane Bryant segment offers apparel including intimate apparel wear-to-work and casual sportswear accessories select footwear and social occasion apparel. The maurices brand caters customers in ages between over 20 and 30 including core and plus-size offerings. The dressbarn brand caters female consumers in ages between approximately 30 and 50. Catherines offers apparel and accessories for wear-to-work and casual lifestyles.