"Outside of this powerhouse of growth, the company's other brands fared far less well..." Over the past week, The Gap, Inc. That suggests something of the likelihood of a short squeeze in shares of Global Positioning System. Skandinaviska Enskilda Banken AB publ raised its stake in shares of Gap by 16,151.9% in the third quarter. Private Advisor Group LLC now owns 10,547 shares of the apparel retailer's stock valued at $250,000 after buying an additional 1,378 shares in the last quarter.
Gap Inc (NYSE:GPS) traded down 3.558% during mid-day trading on Friday, reaching $22.365. On the opposite end, shares have been trading 1.73% away from the 50-day low price. Gap, Inc. (The) has a 52-week low of 17.31 and a 52-week high of 30.74. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. The Market Capitalization of the company stands at 9.68 Billion.
WARNING: "Gap Target of Unusually High Options Trading (GPS)" was originally published by Transcript Daily and is the property of of Transcript Daily. The institutional investor owned 634,936 shares of the apparel retailer's stock after selling 2,963 shares during the period. This is an increase of approximately 331% compared to the average daily volume of 110 put options.
Gap (NYSE:GPS) last released its earnings results on Thursday, May 18th.
For fiscal 2017, the company reaffirmed its full-year diluted earnings per share guidance to be in the range of $1.95 to $2.05. According to these analysts, the Low Revenue Estimate for The Gap, Inc.is 3.32 Billion and the High Revenue Estimate is 3.57 Billion. Gap had a return on equity of 32.19% and a net margin of 4.33%.
An earnings forecast is an analyst's outlook for a company's future quarterly or annual earnings.
As the earnings date approaches, we can see that insider ownership is now 7.30% shares, and institutional ownership is at 56.80% for The Gap, Inc.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 26th. Stockholders of record on Wednesday, July 5th will be issued a dividend of $0.23 per share. It has a dividend yield of 3.74%. Gap's dividend payout ratio (DPR) is presently 55.09%.More news: Four-goal Kane eyes golden boot after crushing Leicester
Saba Capital Management Lp decreased Gap Inc Del (Put) (GPS) stake by 79.08% reported in 2016Q4 SEC filing. If you are accessing this article on another publication, it was illegally copied and republished in violation of worldwide copyright and trademark law. Chapman Paul Joseph also sold $169,054 worth of Gap Inc (NYSE:GPS) on Monday, November 21.
Several large investors have recently made changes to their positions in GPS.
On 11/21/2016 Jeff Kirwan, President, sold 11,406 with an average share price of $25.38 per share and the total transaction amounting to $289,484.28.
The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that calculates the speed and change of price movements.
Recent session action on shares of The Gap, Inc.
The Gap, Inc. was covered by a number of analysts recently, 2 rated the stock as Buy, 1 rated Outperform, 20 rated Hold, 3 gave an Underperform and 3 rated sell.
A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. Following the transaction, the director now owns 8,867,728 shares of the company's stock, valued at $217,968,754.24. Nomura maintained it with "Neutral" rating and $24 target in Friday, August 19 report. The disclosure for this sale can be found here. Better-ranked stocks in the retail sector include The Children's Place Inc.