Insider Trading Report: VF Corp (VFC)

Shutterstock_6753685511

Rodney McMullin, a director at
VF Corp (VFC) recently bought 3,000 shares. The buy increased his stake by nearly 12 percent, and came to a total cost of just under $150,000.

  • Special: 32,481% Growth: The SmartPhone Startup Outpacing Apple and Samsung
  • That’s the fourth such buy from the director this year. The other three buys were also for 3,000 shares each. Going further back, there’s a mix of both insider buying and selling, by both directors and C-suite executives.

    Overall, company insiders own about 5.5 percent of shares.

    • Bill O'Reilly Interviews Wall Street Expert to Help YOU Achieve the American Dream

      "We're going to bring back the American Dream... bigger, better, bolder, richer, safer, and stronger than ever before." - President Donald Trump

      During Trump's first term, 8 million Americans became millionaires despite constant resistance from Democrats and even some Republicans in his cabinet.

      Now, with Republicans controlling both houses and the Fed cutting rates, everything is aligned for even greater growth.

      Bill O'Reilly interviews investment expert Alexander Green who reveals details on 6 stocks with the potential to soar under Trump's pro-business policies.

      Get the Details Right Here

    Shares of the apparel manufacturer have lost just over one-third of their value in the past year. Earnings have dropped 10 percent, even as revenue has increased by about 10 percent. However, shares have gone from 90 times earnings a year ago to trading at 13 times forward earnings today.
    Action to take: While apparel can be a low-margin industry, VF Corp has a number of brands in its collection that can likely help it earn a consistent return over time, which should be beneficial to shareholders in the long term. The stock also yields about 4 percent here, and shares have a slight history of dividend growth.

    For traders, shares appear to have slowed down their decline in recent weeks and may be in the early stages of an uptrend. The August $55 calls, last going for about $1.35, can likely return mid-to-high double-digit returns in the coming weeks if shares follow through with a rally.

  • Special: The Crypto that Could Replace Visa?
  •  
    Disclosure: The author of this article has no position in the company mentioned here, but may trade after the next 72 hours. The author receives no compensation from any of the companies mentioned in this article.

    [wp-post-author image-layout="round"]