Atlas Private Wealth Advisors Sells 26,000 Shares of Vince Holding Corp. (NYSE:VNCE)

Atlas Private Wealth Advisors lowered its position in Vince Holding Corp. (NYSE:VNCE) by 18.3% in the 4th quarter, HoldingsChannel reports. The fund owned 115,806 shares of the textile maker’s stock after selling 26,000 shares during the period. Atlas Private Wealth Advisors’ holdings in Vince were worth $422,000 as of its most recent filing with the SEC.

Insider Transactions at Vince

In other Vince news, major shareholder Rodger R. Krouse sold 7,218,385 shares of Vince stock in a transaction on Wednesday, January 22nd. The shares were sold at an average price of $2.33, for a total value of $16,818,837.05. Following the completion of the transaction, the insider now directly owns 1,262,933 shares of the company’s stock, valued at $2,942,633.89. This trade represents a 85.11 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 3.30% of the company’s stock.

Vince Stock Performance

NYSE:VNCE opened at $3.29 on Friday. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.74 and a quick ratio of 0.64. Vince Holding Corp. has a 1-year low of $1.27 and a 1-year high of $6.89. The business has a 50 day moving average of $2.86 and a 200 day moving average of $2.14. The company has a market capitalization of $41.47 million, a price-to-earnings ratio of 8.89 and a beta of 1.47.

Vince (NYSE:VNCE) last announced its earnings results on Tuesday, December 10th. The textile maker reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.11. Vince had a negative return on equity of 5.77% and a net margin of 1.60%. On average, sell-side analysts predict that Vince Holding Corp. will post 0.63 earnings per share for the current fiscal year.

Vince Profile

Vince Holding Corp. provides luxury apparel and accessories in the United States and internationally. It operates through Vince Wholesale, Vince Direct-to-Consumer segments. The company offers a range of men's and women's products, such as cashmere sweaters, silk blouses, leather and suede products, and jackets, dresses, skirts, pants, t-shirts, footwear, outerwear, and accessories, as well as woven shirts, core and fashion pants, and blazers under the Vince brand.