VF Director Richard Carucci Buys 20,000 Shares for $295,000, Lifting Stake to 0.09%
Updated
Updated · Yahoo Finance · Aug 20
VF Director Richard Carucci Buys 20,000 Shares for $295,000, Lifting Stake to 0.09%
2 articles · Updated · Yahoo Finance · Aug 20
Summary
$295,000 bought Richard Carucci 20,000 VF Corp shares at a weighted average $14.73, according to an SEC Form 4 filing.
The purchase lifted the director's direct holdings to 356,215 shares, valued at about $5.25 million and equal to a 0.0906% stake in the apparel company.
VF shares closed at $14.87 on Aug. 14, slightly above Carucci's purchase price, giving the transaction a modest immediate paper gain.
The insider buy comes as Denver-based VF carries a $5.8 billion market value and reported trailing-12-month revenue of $9.5 billion with net income of $274.2 million.