V.F. (NYSE:VFC) Share Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• V.F. shares crossed above its 200-day moving average, trading as high as $18.95 and last at $18.395 on volume of about 4.98 million shares (50‑day MA $18.19; 200‑day MA $17.97).
• Analysts are mixed: the consensus rating is Hold with a consensus target of $18.47, while individual price targets range roughly from $15 to $20 and ratings include Strong Buy, Buy, Hold and Sell opinions.
• A director sold 6,678 shares (now owns 40 shares), insiders hold about 1.10% of the stock and institutional investors own roughly 86.84% of V.F.’s shares.

V.F. Corporation (NYSE:VFC - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $17.97 and traded as high as $18.95. V.F. shares last traded at $18.3950, with a volume of 4,976,361 shares traded.

Analysts Set New Price Targets

Several research firms recently weighed in on VFC. The Goldman Sachs Group lifted their target price on shares of V.F. from $16.00 to $18.00 and gave the company a "neutral" rating in a report on Wednesday, January 28th. Barclays reiterated an "overweight" rating on shares of V.F. in a report on Thursday, January 29th. Weiss Ratings restated a "hold (c-)" rating on shares of V.F. in a research note on Monday, April 27th. Telsey Advisory Group set a $20.00 target price on V.F. in a research report on Thursday, January 29th. Finally, Wells Fargo & Company increased their target price on V.F. from $15.00 to $20.00 and gave the company a "cautious" rating in a research note on Wednesday, April 15th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, V.F. has a consensus rating of "Hold" and a consensus target price of $18.47.

V.F. Stock Performance

The stock's fifty day moving average is $18.19 and its two-hundred day moving average is $17.97. The firm has a market capitalization of $7.20 billion, a price-to-earnings ratio of 33.45, a price-to-earnings-growth ratio of 0.95 and a beta of 1.62. The company has a debt-to-equity ratio of 1.99, a quick ratio of 1.03 and a current ratio of 1.55.

Insider Buying and Selling at V.F.

In other news, Director Juliana L. Chugg sold 6,678 shares of the firm's stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $21.30, for a total transaction of $142,241.40. Following the completion of the sale, the director directly owned 40 shares in the company, valued at $852. This trade represents a 99.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Optimize Financial Inc grew its stake in V.F. by 1.5% during the 4th quarter. Optimize Financial Inc now owns 40,379 shares of the textile maker's stock valued at $730,000 after purchasing an additional 580 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in shares of V.F. by 59.7% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 2,748 shares of the textile maker's stock valued at $40,000 after purchasing an additional 1,027 shares in the last quarter. Root Financial Partners LLC boosted its stake in shares of V.F. by 282.9% during the 1st quarter. Root Financial Partners LLC now owns 3,052 shares of the textile maker's stock valued at $52,000 after buying an additional 2,255 shares during the last quarter. Farther Finance Advisors LLC grew its position in shares of V.F. by 50.1% during the third quarter. Farther Finance Advisors LLC now owns 7,465 shares of the textile maker's stock worth $108,000 after buying an additional 2,490 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in shares of V.F. by 30.5% during the fourth quarter. GAMMA Investing LLC now owns 10,987 shares of the textile maker's stock worth $199,000 after buying an additional 2,570 shares in the last quarter. Hedge funds and other institutional investors own 86.84% of the company's stock.

About V.F.

VF Corporation, commonly branded as VF, is a global apparel and footwear company that develops, markets and distributes a diverse portfolio of consumer brands. Its offerings span outdoor and action sports apparel, footwear and accessories under marquee names such as The North Face, Vans, Timberland, Dickies, JanSport and Smartwool. Through a “house of brands” strategy, VF leverages the unique heritage and design expertise of each label to serve distinct lifestyle and performance segments.

Founded in 1899 in Pennsylvania as the Reading Glove and Mitten Manufacturing Company, VF evolved through a series of acquisitions and strategic expansions to become a leading player in the global apparel industry.

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