Insider at Vera Bradley (VRA) Makes Significant Sale of Stock

Monday, October 02, 2017 10:15 PM ET

Insider at Vera Bradley (VRA) Makes Significant Sale of Stock

A SEC filing today disclosed a notable insider sale of Vera Bradley shares as — Kimberly F Colby, Officer — disposed of 170,000 shares in the company having a market value of approximately $1,439,900. There have been 6 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 1,353,750 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 1,523,750 shares and have averaged 217,679 shares per transaction over this time period.

The number of insider buy/sell trades at Vera Bradley is greater than that of the 2 peer company average over the last 90-day period. The Handbags & Luggage peer group saw 6 buy/sell trades during this period for an average of 3.0 transactions per company. However, the number of shares traded per transaction by Vera Bradley insiders is lower than its peers. Within the peer group there were 0 shares purchased and 1,353,750 shares sold with company insiders disposing of 225,625 shares on average over this time period.

For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data sourced to evaluate and write this story.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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