Lands’ End (LE) Insider Makes Significant Share purchase Extending the Buying Trend over Last Quarter

Thursday, November 02, 2017 10:15 PM ET

Lands’ End (LE) Insider Makes Significant Share purchase Extending the Buying Trend over Last Quarter

There was a substantial insider buying activity in Lands’ End shares today as revealed in a filing with the SEC. One insider — Edward S Lampert, 10% Owner — purchased 294,917 shares in the company having a net market value of approximately $3,211,771. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been buys resulting in the acquisition of 1,060,823 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net purchases of 1,355,740 shares and have averaged 271,148 shares per transaction over this time period.

During the last 90 days, the number of insider buy/sell trades at Lands’ End is greater than the 25-company peer group average. Apparel & Accessories Retailers peer group saw 29 buy/sell trades during this period for an average of 1.2 transactions per company. The number of shares per buy/sell trade for Lands’ End insiders was also higher. Within the peer group there were 1,110,772 shares purchased and 785,824 shares sold with company insiders purchasing 13,540 shares on average.

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 used to create 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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