Regulatory Insider Filing: Perry Ellis International, Inc. (NASDAQ:PERY)’s Executive Chairman George Feldenkreis Sold 16407 shares of the Company

November 23, 2016 - By Hazel Jackson

Regulatory Insider Filing: Perry Ellis International, Inc. (NASDAQ:PERY)'s Executive Chairman George Feldenkreis Sold 16407 shares of the Company

George Feldenkreis Insider Sell

Based on an average share price of $24.2, George Feldenkreis, the Perry Ellis International Inc’s Executive Chairman made a sale of 16,407 shares of Perry Ellis International Inc worth precisely $397,112 USD. Currently, Mr. George, has 1.63 million shares, which accounts for 10.26% of Perry Ellis International Inc’s market cap.

Perry Ellis International, Inc. (NASDAQ:PERY) Ratings Coverage

Out of 3 analysts covering Perry Ellis International Inc. (NASDAQ:PERY), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $35 is the highest target while $26 is the lowest. The $30.33 average target is 18.02% above today’s ($25.7) stock price. Perry Ellis International Inc. has been the topic of 8 analyst reports since July 22, 2015 according to StockzIntelligence Inc. Brean Capital reinitiated the shares of PERY in a report on Tuesday, June 21 with “Buy” rating. Sidoti initiated Perry Ellis International, Inc. (NASDAQ:PERY) on Friday, September 18 with “Buy” rating. The rating was initiated by Sidoti with “Buy” on Wednesday, June 1. On Thursday, August 20 the stock rating was upgraded by Bank of America to “Underperform”. The firm has “Buy” rating by Brean Capital given on Wednesday, August 26. The company was downgraded on Saturday, August 22 by TheStreet. On Wednesday, July 22 the stock rating was initiated by Brean Capital with “Buy”.

Insitutional Activity: The institutional sentiment decreased to 1.6 in 2016 Q2. Its down 0.01, from 1.61 in 2016Q1. The ratio is negative, as 11 funds sold all Perry Ellis International, Inc. shares owned while 30 reduced positions. 18 funds bought stakes while 48 increased positions. They now own 10.16 million shares or 4.13% more from 9.76 million shares in 2016Q1.

Fuller Thaler Asset Management holds 0% of its portfolio in Perry Ellis International, Inc. (NASDAQ:PERY) for 3,400 shares. State Street holds 217,961 shares or 0% of its portfolio. Connor Clark And Lunn Management Ltd holds 0.01% or 70,775 shares in its portfolio. Blackrock has invested 0% of its portfolio in Perry Ellis International, Inc. (NASDAQ:PERY). Deutsche Comml Bank Ag reported 21,857 shares or 0% of all its holdings. Clarivest Asset accumulated 114,019 shares or 0.07% of the stock. Oxford Asset Management accumulated 122,643 shares or 0.1% of the stock. Axa has 53,100 shares for 0% of their US portfolio. The Illinois-based Balyasny Asset Management Lc has invested 0% in Perry Ellis International, Inc. (NASDAQ:PERY). Qs Invsts Limited Liability Corporation has 0.01% invested in the company for 74,101 shares. State Teachers Retirement Sys has 0% invested in the company for 26,216 shares. Nordea Investment Mngmt Ab holds 0% of its portfolio in Perry Ellis International, Inc. (NASDAQ:PERY) for 79,600 shares. Moreover, Teachers Retirement System Of The State Of Kentucky has 0% invested in Perry Ellis International, Inc. (NASDAQ:PERY) for 5,400 shares. Jacobs Levy Equity holds 0.01% of its portfolio in Perry Ellis International, Inc. (NASDAQ:PERY) for 27,200 shares. Blackrock last reported 11,288 shares in the company.

Insider Transactions: Since May 27, 2016, the stock had 0 insider purchases, and 2 insider sales for $655,469 net activity. On Thursday, July 14 FELDENKREIS GEORGE sold $440,942 worth of the stock or 20,000 shares. SILVERSTEIN STANLEY P had sold 10,942 shares worth $214,527 on Wednesday, September 14. Shares for $76,099 were sold by Voith John F. on Friday, May 27.

The stock increased 6.20% or $1.5 during the last trading session, hitting $25.7. About 148,162 shares traded hands or 105.20% up from the average. Perry Ellis International, Inc. (NASDAQ:PERY) has risen 28.18% since April 20, 2016 and is uptrending. It has outperformed by 23.62% the S&P500.

Perry Ellis International, Inc. is an apparel company. The company has a market cap of $403.25 million. The Firm designs, sources, markets and licenses its products nationally and internationally at multiple price points and across all levels of retail distribution. It currently has negative earnings. It operates through four divisions: Men’s Sportswear and Swim, Women’s Sportswear, Direct-to-Consumer and Licensing.

According to Zacks Investment Research, “Perry Ellis International, Inc. is a leading designer, distributor and licensor of a broad line of high quality men’s and women’s apparel, accessories, and fragrances. The company’s collection of dress and casual shirts, golf sportswear, sweaters, dress and casual pants and shorts, jeans wear, active wear and men’s and women’s swimwear is available through all major levels of retail distribution. The company, through its wholly owned subsidiaries, owns a portfolio of nationally and internationally recognized brands including Perry Ellis, Jantzen, Cubavera, Munsingwear, Savane, Original Penguin, Grand Slam, Natural Issue, Pro Player, the Havanera Co., Axis, Tricots St. Raphael, Gotcha, Girl Star and MCD. The company enhances its roster of brands by licensing trademarks from third parties including Dockers for outerwear, Nike and JAG for swimwear, and PING and PGA TOUR for golf apparel.”

More notable recent Perry Ellis International, Inc. (NASDAQ:PERY) news were published by: Marketwatch.com which released: “Perry Ellis’s stock jumps 3.3% premarket after Q4 results” on January 31, 2011, also Zacks.com with their article: “Perry Ellis International (PERY): Moving Average Crossover Alert” published on November 21, 2016, Globenewswire.com published: “Perry Ellis International Announces New Footwear License for Perry Ellis ..” on September 15, 2016. More interesting news about Perry Ellis International, Inc. (NASDAQ:PERY) were released by: Globenewswire.com and their article: “Perry Ellis International Expands Executive Team, Names David Enright as Chief ..” published on June 01, 2016 as well as Globenewswire.com‘s news article titled: “Perry Ellis International Announces a New License Agreement for Original Penguin” with publication date: September 06, 2016.

PERY Company Profile

Perry Ellis International, Inc., incorporated on April 5, 1967, is an apparel company. The Firm designs, sources, markets and licenses its products nationally and internationally at multiple price points and across all levels of retail distribution. The Firm operates through four divisions: Men’s Sportswear and Swim, Women’s Sportswear, Direct-to-Consumer and Licensing. The Company’s brands include Perry Ellis and Original Penguin by Munsingwear (Original Penguin), Ben Hogan, Cubavera, Farah, Grand Slam, Jantzen, Laundry by Shelli Segal, Rafaella and Savane.

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