Chico’s FAS, Inc. (NYSE:CHS – Get Rating) Director Bonnie R. Brooks sold 69,600 shares of the stock in a transaction that occurred on Thursday, March 16th. The stock was sold at an average price of $6.28, for a total transaction of $437,088.00. Following the completion of the transaction, the director now owns 704,640 shares in the company, valued at approximately $4,425,139.20. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Chico’s FAS Stock Performance
NYSE CHS traded down $0.45 on Friday, reaching $5.85. 5,926,366 shares of the stock were exchanged, compared to its average volume of 2,573,321. Chico’s FAS, Inc. has a one year low of $3.80 and a one year high of $7.30. The firm has a market capitalization of $731.66 million, a PE ratio of 6.65 and a beta of 1.23. The company’s 50-day simple moving average is $5.32 and its two-hundred day simple moving average is $5.42. The company has a current ratio of 1.14, a quick ratio of 0.53 and a debt-to-equity ratio of 0.15.
Institutional Investors Weigh In On Chico’s FAS
A number of institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. grew its holdings in Chico’s FAS by 0.8% during the 3rd quarter. BlackRock Inc. now owns 20,334,520 shares of the specialty retailer’s stock valued at $98,420,000 after buying an additional 160,139 shares in the last quarter. Vanguard Group Inc. grew its holdings in Chico’s FAS by 9.3% during the 3rd quarter. Vanguard Group Inc. now owns 9,151,107 shares of the specialty retailer’s stock valued at $44,292,000 after buying an additional 777,773 shares in the last quarter. State Street Corp grew its holdings in Chico’s FAS by 3.5% during the 2nd quarter. State Street Corp now owns 5,167,296 shares of the specialty retailer’s stock valued at $25,681,000 after buying an additional 174,982 shares in the last quarter. Neuberger Berman Group LLC grew its holdings in Chico’s FAS by 10.7% during the 3rd quarter. Neuberger Berman Group LLC now owns 5,072,172 shares of the specialty retailer’s stock valued at $24,521,000 after buying an additional 490,854 shares in the last quarter. Finally, Global Alpha Capital Management Ltd. grew its holdings in Chico’s FAS by 19.1% during the 4th quarter. Global Alpha Capital Management Ltd. now owns 4,793,700 shares of the specialty retailer’s stock valued at $23,585,000 after buying an additional 768,600 shares in the last quarter. 88.59% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
About Chico’s FAS
Chico’s FAS, Inc engages in the retail of women’s private branded, sophisticated, casual-to-dressy apparel, intimates, and complementary accessories. The firm’s product portfolio consists of the following brands: Chico’s, Soma, and White House Black Market. It also operates boutiques, retail stores, and websites to sell the products.
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