Designer Brands Inc. Form4 Filing Shows Vice Chair Deborah L Ferree Sold 53,257 Shares At An Average Price Of $10.24/Share
Portfolio Pulse from Happy Mohamed
Designer Brands Inc.'s Vice Chair, Deborah L Ferree, has sold 53,257 shares at an average price of $10.24 per share, according to a Form4 SEC filing.
July 13, 2023 | 2:26 pm
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Deborah L Ferree, Vice Chair of Designer Brands Inc., sold 53,257 shares at an average price of $10.24 per share. This could potentially indicate a lack of confidence in the company's future performance.
Insider trading, especially by high-ranking officials, can often be a signal of the company's future performance. In this case, the Vice Chair of Designer Brands Inc. selling a significant number of shares could indicate a lack of confidence in the company's future, potentially leading to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100