Insider Selling: New York & Company, Inc. (NWY) Director Sells 75,000 Shares of Stock

New York & Company, Inc. (NYSE:NWY) Director Arthur E. Reiner sold 75,000 shares of the firm’s stock in a transaction on Tuesday, April 10th. The shares were sold at an average price of $4.16, for a total value of $312,000.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Arthur E. Reiner also recently made the following trade(s):

  • On Friday, April 6th, Arthur E. Reiner sold 10,529 shares of New York & Company, Inc. stock. The shares were sold at an average price of $4.00, for a total value of $42,116.00.

Shares of NWY opened at $4.01 on Thursday. The stock has a market cap of $260.71, a price-to-earnings ratio of 40.10 and a beta of 1.46. New York & Company, Inc. has a 12 month low of $1.28 and a 12 month high of $4.31. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.63 and a current ratio of 1.38.



New York & Company, Inc. (NYSE:NWY) last announced its earnings results on Thursday, March 22nd. The specialty retailer reported $0.08 EPS for the quarter. The firm had revenue of $278.71 million for the quarter. New York & Company, Inc. had a return on equity of 8.17% and a net margin of 0.61%. During the same period in the previous year, the firm posted ($0.06) earnings per share. equities research analysts forecast that New York & Company, Inc. will post 0.2 EPS for the current year.

Several brokerages have commented on NWY. ValuEngine raised New York & Company, Inc. from a “sell” rating to a “hold” rating in a report on Wednesday, April 4th. Roth Capital began coverage on New York & Company, Inc. in a report on Monday, April 2nd. They set a “buy” rating and a $5.00 target price on the stock. Finally, TheStreet raised New York & Company, Inc. from a “d+” rating to a “c-” rating in a report on Thursday, January 18th.

A number of institutional investors and hedge funds have recently made changes to their positions in NWY. Northern Trust Corp lifted its holdings in New York & Company, Inc. by 1.2% during the 2nd quarter. Northern Trust Corp now owns 104,475 shares of the specialty retailer’s stock worth $143,000 after buying an additional 1,267 shares during the period. Nationwide Fund Advisors lifted its holdings in New York & Company, Inc. by 839.6% during the 3rd quarter. Nationwide Fund Advisors now owns 68,545 shares of the specialty retailer’s stock worth $143,000 after buying an additional 61,250 shares during the period. Bank of New York Mellon Corp lifted its holdings in New York & Company, Inc. by 62.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 163,983 shares of the specialty retailer’s stock worth $341,000 after buying an additional 62,953 shares during the period. Neuberger Berman Group LLC lifted its holdings in New York & Company, Inc. by 4.1% during the 3rd quarter. Neuberger Berman Group LLC now owns 1,138,672 shares of the specialty retailer’s stock worth $2,368,000 after buying an additional 44,633 shares during the period. Finally, SG Capital Management LLC acquired a new position in New York & Company, Inc. during the 4th quarter worth about $171,000. 33.12% of the stock is currently owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION NOTICE: “Insider Selling: New York & Company, Inc. (NWY) Director Sells 75,000 Shares of Stock” was published by Dakota Financial News and is the property of of Dakota Financial News. If you are accessing this report on another site, it was illegally copied and republished in violation of US and international trademark and copyright laws. The original version of this report can be accessed at https://dakotafinancialnews.com/2018/04/12/insider-selling-new-york-company-inc-nwy-director-sells-75000-shares-of-stock.html.

New York & Company, Inc. Company Profile

New York & Company, Inc is a specialty retailer of women’s fashion apparel and accessories. The Company’s branded New York & Company merchandise is sold through its national network of retail stores and online at www.nyandcompany.com. It operates approximately 490 stores, including over 80 outlet stores in over 40 states.

Receive News & Ratings for New York & Company Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New York & Company Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply