Insider Selling: Retail Value Inc (NYSE:RVI) Major Shareholder Sells 13,040 Shares of Stock

Retail Value Inc (NYSE:RVI) major shareholder Katharina Otto-Bernstein sold 13,040 shares of the firm’s stock in a transaction on Monday, October 7th. The shares were sold at an average price of $36.88, for a total transaction of $480,915.20. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Katharina Otto-Bernstein also recently made the following trade(s):

  • On Thursday, October 3rd, Katharina Otto-Bernstein sold 31,513 shares of Retail Value stock. The shares were sold at an average price of $36.88, for a total transaction of $1,162,199.44.
  • On Tuesday, October 1st, Katharina Otto-Bernstein sold 25,694 shares of Retail Value stock. The shares were sold at an average price of $37.19, for a total transaction of $955,559.86.
  • On Thursday, September 26th, Katharina Otto-Bernstein sold 147,836 shares of Retail Value stock. The shares were sold at an average price of $37.41, for a total transaction of $5,530,544.76.
  • On Tuesday, September 24th, Katharina Otto-Bernstein sold 66,799 shares of Retail Value stock. The shares were sold at an average price of $37.04, for a total transaction of $2,474,234.96.
  • On Friday, September 20th, Katharina Otto-Bernstein sold 58,053 shares of Retail Value stock. The shares were sold at an average price of $37.44, for a total transaction of $2,173,504.32.
  • On Tuesday, September 17th, Katharina Otto-Bernstein sold 27,800 shares of Retail Value stock. The shares were sold at an average price of $37.50, for a total transaction of $1,042,500.00.
  • On Friday, September 13th, Katharina Otto-Bernstein sold 48,600 shares of Retail Value stock. The shares were sold at an average price of $37.40, for a total transaction of $1,817,640.00.
  • On Wednesday, September 11th, Katharina Otto-Bernstein sold 30,800 shares of Retail Value stock. The shares were sold at an average price of $36.94, for a total transaction of $1,137,752.00.
  • On Monday, September 9th, Katharina Otto-Bernstein sold 28,600 shares of Retail Value stock. The shares were sold at an average price of $37.44, for a total transaction of $1,070,784.00.
  • On Thursday, September 5th, Katharina Otto-Bernstein sold 34,381 shares of Retail Value stock. The shares were sold at an average price of $37.18, for a total transaction of $1,278,285.58.

Shares of NYSE:RVI traded up $0.14 on Wednesday, hitting $36.70. 327 shares of the company’s stock were exchanged, compared to its average volume of 90,816. Retail Value Inc has a 12 month low of $24.50 and a 12 month high of $38.59. The stock has a market capitalization of $696.85 million, a price-to-earnings ratio of 30.98 and a beta of 1.44. The business’s 50 day simple moving average is $37.25 and its two-hundred day simple moving average is $35.01. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.95 and a quick ratio of 2.95.



Retail Value (NYSE:RVI) last released its earnings results on Tuesday, August 6th. The company reported $0.72 earnings per share for the quarter. Retail Value had a return on equity of 3.30% and a net margin of 8.64%. The business had revenue of $60.89 million during the quarter. Equities analysts forecast that Retail Value Inc will post -1.09 EPS for the current fiscal year.

Several large investors have recently added to or reduced their stakes in the company. Indaba Capital Management L.P. lifted its position in shares of Retail Value by 36.2% during the second quarter. Indaba Capital Management L.P. now owns 908,108 shares of the company’s stock worth $31,602,000 after purchasing an additional 241,598 shares during the last quarter. Royal Bank of Canada lifted its position in shares of Retail Value by 218.7% during the second quarter. Royal Bank of Canada now owns 819 shares of the company’s stock worth $29,000 after purchasing an additional 562 shares during the last quarter. Amundi Pioneer Asset Management Inc. lifted its position in shares of Retail Value by 295.4% during the second quarter. Amundi Pioneer Asset Management Inc. now owns 30,104 shares of the company’s stock worth $1,047,000 after purchasing an additional 22,490 shares during the last quarter. Susquehanna International Group LLP bought a new stake in shares of Retail Value during the second quarter worth $301,000. Finally, Schroder Investment Management Group lifted its position in shares of Retail Value by 2,196.1% during the second quarter. Schroder Investment Management Group now owns 1,171 shares of the company’s stock worth $41,000 after purchasing an additional 1,120 shares during the last quarter. Institutional investors and hedge funds own 67.26% of the company’s stock.

A number of research analysts recently weighed in on RVI shares. Zacks Investment Research raised shares of Retail Value from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a report on Thursday, August 22nd. ValuEngine downgraded Retail Value from a “hold” rating to a “sell” rating in a research report on Wednesday, October 2nd. Finally, Morgan Stanley downgraded Retail Value from an “overweight” rating to an “equal weight” rating and set a $38.00 price target for the company. in a research report on Friday, August 2nd. They noted that the move was a valuation call.

About Retail Value

RVI is an independent publicly traded company trading under the ticker symbol “RVI” on the New York Stock Exchange. RVI holds assets in the continental U.S. and Puerto Rico and is managed by one or more subsidiaries of SITE Centers Corp. RVI focuses on realizing value in its business through operations and sales of its assets.

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Insider Buying and Selling by Quarter for Retail Value (NYSE:RVI)

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