Oxford Industries Inc (OXM): James Wesley Jr Howard , PRESIDENT, LANIER CLOTHES of Oxford Industries Inc sold 2,500 shares on Sep 23, 2016. The Insider selling transaction was reported by the company on Sep 26, 2016 to the Securities and Exchange Commission. The shares were sold at $69.81 per share for a total value of $174,517.50 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 8, 2016, Thomas E Campbell (General Counsel) sold 4,000 shares at $70.15 per share price.On Sep 8, 2016, Scott Grassmyer (Chief Financial Officer) sold 4,000 shares at $70.27 per share price.Also, On Jun 12, 2015, Terry R Pillow (CEO, TOMMY BAHAMA GROUP) sold 5,000 shares at $86.08 per share price.
Shares of Oxford Industries Inc (OXM) ended Thursday, Sep 22, 2016 session in red amid volatile trading. The shares closed down -0.38 points or -0.55% at $68.6 with 1,22,590 shares getting traded. Post opening the session at $69.33, the shares hit an intraday low of $68 and an intraday high of $69.75 and the price vacillated in this range throughout the day. The company has a market cap of $1,150 M and the number of outstanding shares has been calculated to be 1,67,69,408 shares. The 52-week high of Oxford Industries Inc is $82.44 and the 52-week low is $52.54.
On Aug 31, 2016, Oxford Industries Inc announced a cash dividend of $0.2700. The company’s management has announced Oct 12, 2016 as the ex-dividend date and fixed the record date on Oct 14, 2016. The payable date has been fixed on Oct 28, 2016.
Company has been under the radar of several Street Analysts.Oxford Industries Inc is Reiterated by Telsey Advisory Group to Outperform and the brokerage firm has raised the Price Target to $ 77 from a previous price target of $73 .The Rating was issued on Sep 1, 2016.
Oxford Industries, Inc. is an apparel company. The Company designs, sources, markets and distributes products bearing the trademarks of its owned Tommy Bahama and Lilly Pulitzer lifestyle brands, as well as certain licensed and private label apparel products. The Company’s business is primarily operated through its Tommy Bahama, Lilly Pulitzer and Lanier Apparel operating groups. Tommy Bahama designs, sources, markets and distributes men’s and women’s sportswear and related products. Lilly Pulitzer designs, sources, markets and distributes upscale collections of women’s and girl’s dresses, sportswear and related products. Lanier Apparel designs, sources and distributes branded and private label men’s apparel, including tailored clothing, casual pants and sportswear, across a range of price points, with the majority of the business at moderate price points. The Company operates over 120 Tommy Bahama and over 30 Lilly Pulitzer full-price retail stores.