Which insiders are selling Foot Locker, Inc. (FL)?

Foot Locker, Inc. (NYSE:FL) marched up 55.35% compared to a 52-week low price of $28.42. The shares were last seen trading 1.22% higher, taking the closing price at $44.15 on 05/16/2018. At recent session, the prices were hovering between $43.34 and $44.97. This company shares are 17.67% off its target price of $51.95 and the current market capitalization stands at $5.08B. The recent change has given its price a 1.63% lead over SMA 50 and -39.18% deficit over its 52-week high. The stock witnessed 4.2% gains, -9.12% declines and 48.95% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found FL’s volatility during a week at 3.13% and during a month it has been found around 3.22%.

Foot Locker, Inc. (FL) Top Holders

Institutional investors currently hold around $4.93 billion or 9.38% in FL stock. Look at its top three institutional owners. Vanguard Group Inc owns $528.38 million in Foot Locker, Inc., which represents roughly 10.4% of the company’s market cap and approximately 10.72% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 7,203,812 shares of the stock are valued at $314.23 million. The third largest holder is Bank Of New York Mellon Corp, which currently holds $227.12 million worth of this stock and that ownership represents nearly 4.47% of its market capitalization.

Foot Locker, Inc. 13F Filings

At the end of 03/31/2018 reporting period, 198 institutional holders increased their position in Foot Locker, Inc. (NYSE:FL) by some 20,522,076 shares, 272 decreased positions by 24,511,133 and 70 held positions by 67,918,063. That puts total institutional holdings at 112,951,272 shares, according to SEC filings. The stock grabbed 71 new institutional investments totaling 8,606,397 shares while 79 institutional investors sold out their entire positions totaling 4,906,850 shares.

Foot Locker, Inc. (NYSE:FL) Insider Trades

Multiple company employees have indulged in significant insider trading. Foot Locker, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Gilbert Jarobin Jr has sold 1,500 shares of Foot Locker, Inc. (FL) in trading session dated Mar. 12, 2018. These shares are worth $65,160 and were traded at $43.44 each. The SEC filing shows that Kimble Lewis Phillip performed a sale of 11,043 shares. The EVP & CEO International disposed these shares by way of transaction on Mar. 12, 2018. The company’s shares were given away at $42.71 per share worth to an income of some $471,647 on account of Kimble Lewis Phillip.

SVP & Chief Accounting Officer, Cipriano Giovanna, sold 21,000 common shares of Foot Locker, Inc. (FL) in the open market. In a transaction dated Jan. 19, 2018, the shares were put up for sale at an average price of $50.05, raking in a sum of $1,051,050. After this sale, 51,612 common shares of FL are directly owned by the insider, with total stake valued at $2,278,670.

In the transaction dated Jan. 19, 2018, the great number of shares disposed came courtesy the President & CEO; Johnson Richard A disposed a total of 25,000 shares at an average price of $50.05, amounting to approximately $1,251,250. The insider now directly owns 258,185 shares worth $11,398,868.

Foot Locker, Inc. (FL) Analyst Guide

Several analysts have released their opinion on Foot Locker, Inc. (NYSE:FL), with 10 analysts believing it is a strong buy. Whereas 8 of them predict the stock is a hold. Also, there are 0 buy, 1 sell and 0 strong sell ratings, collectively assigning a 2 average brokerage recommendation.

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