Vince Holding Corp. $VNCE Shares Sold by FreeGulliver LLC

FreeGulliver LLC decreased its holdings in Vince Holding Corp. (NASDAQ:VNCE) by 94.7% in the 1st quarter, Holdings Channel reports. The institutional investor owned 25,470 shares of the company’s stock after selling 458,942 shares during the period. FreeGulliver LLC’s holdings in Vince were worth $61,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of VNCE. Renaissance Technologies LLC boosted its position in shares of Vince by 70.0% in the fourth quarter. Renaissance Technologies LLC now owns 137,450 shares of the company’s stock worth $561,000 after acquiring an additional 56,600 shares during the last quarter. Two Sigma Investments LP grew its holdings in Vince by 481.6% in the third quarter. Two Sigma Investments LP now owns 75,969 shares of the company’s stock valued at $254,000 after purchasing an additional 62,907 shares during the period. Marshall Wace LLP acquired a new position in Vince during the fourth quarter worth approximately $212,000. Bridgeway Capital Management LLC increased its position in Vince by 31.8% during the third quarter. Bridgeway Capital Management LLC now owns 59,656 shares of the company’s stock worth $199,000 after purchasing an additional 14,400 shares during the last quarter. Finally, Quadrature Capital Ltd purchased a new position in Vince during the fourth quarter worth approximately $191,000. Institutional investors and hedge funds own 16.11% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on VNCE. Weiss Ratings raised shares of Vince from a “sell (d+)” rating to a “hold (c)” rating in a research note on Tuesday, June 23rd. Zacks Research lowered Vince from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 15th. Wall Street Zen cut Vince from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Finally, Noble Financial reiterated an “outperform” rating on shares of Vince in a report on Wednesday, June 17th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $4.50.

Vince Stock Performance

Shares of VNCE stock opened at $5.93 on Friday. The company has a current ratio of 1.74, a quick ratio of 0.47 and a debt-to-equity ratio of 0.60. The company has a market cap of $76.20 million, a PE ratio of 8.47 and a beta of 1.29. The company’s fifty day simple moving average is $5.76 and its 200-day simple moving average is $4.01. Vince Holding Corp. has a 52 week low of $1.28 and a 52 week high of $8.20.

Vince (NASDAQ:VNCE) last announced its quarterly earnings results on Tuesday, June 16th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.03). Vince had a net margin of 2.97% and a return on equity of 15.85%. The company had revenue of $64.03 million during the quarter, compared to analyst estimates of $63.05 million. As a group, equities research analysts anticipate that Vince Holding Corp. will post 0.59 EPS for the current year.

About Vince

Vince Holding Corp. designs, merchandises, and sells luxury apparel and accessories in the United States and internationally. It operates through three segments: Vince Wholesale, Vince Direct-to-Consumer, and Rebecca Taylor and Parker. The company offers a range of women’s products, such as cashmere sweaters, silk blouses, leather and suede leggings and jackets, dresses, skirts, denims, pants, t-shirts, footwear, outerwear, and accessories; and men’s products comprising t-shirts, knit and woven tops, sweaters, denims, pants, blazers, footwear, and outerwear under the Vince brand.