Dustin Combs Sells 677 Shares of Weyco Group, Inc. (NASDAQ:WEYS) Stock

Weyco Group, Inc. (NASDAQ:WEYS) VP Dustin Combs sold 677 shares of Weyco Group stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $34.13, for a total value of $23,106.01. Following the completion of the transaction, the vice president now owns 4,494 shares of the company’s stock, valued at $153,380.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Dustin Combs also recently made the following trade(s):

• On Thursday, August 29th, Dustin Combs sold 144 shares of Weyco Group stock. The stock was sold at an average price of $34.09, for a total value of $4,908.96.

Weyco Group Trading Down 0.1 %

Shares of NASDAQ WEYS opened at $33.38 on Friday. The company has a market capitalization of $317.11 million, a price-to-earnings ratio of 10.87 and a beta of 0.73. Weyco Group, Inc. has a twelve month low of $24.47 and a twelve month high of $35.24. The business has a 50 day simple moving average of $31.94 and a 200-day simple moving average of $30.75.

Weyco Group (NASDAQ:WEYS) last released its quarterly earnings data on Tuesday, August 6th. The textile maker reported $0.59 EPS for the quarter. The firm had revenue of $63.93 million during the quarter. Weyco Group had a net margin of 10.04% and a return on equity of 12.31%.

Weyco Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, August 19th will be given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.12%. The ex-dividend date is Monday, August 19th. Weyco Group’s dividend payout ratio is presently 33.88%.

Institutional Investors Weigh In On Weyco Group

Several institutional investors and hedge funds have recently bought and sold shares of WEYS. Innealta Capital LLC acquired a new stake in Weyco Group in the second quarter worth $25,000. AJOVista LLC acquired a new stake in shares of Weyco Group in the 4th quarter worth about $50,000. Allspring Global Investments Holdings LLC lifted its position in Weyco Group by 2,329.6% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,725 shares of the textile maker’s stock valued at $52,000 after purchasing an additional 1,654 shares during the last quarter. Strs Ohio acquired a new position in Weyco Group during the 4th quarter valued at about $90,000. Finally, LSV Asset Management bought a new position in Weyco Group in the 4th quarter worth about $94,000. Institutional investors and hedge funds own 23.59% of the company’s stock.

Weyco Group Company Profile

Weyco Group, Inc designs and distributes footwear for men, women, and children. It operates in two segments, North American Wholesale Operations and North American Retail Operations. The company offers mid-priced leather dress shoes and casual footwear of man-made materials and leather; and outdoor boots, shoes, and sandals under the Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters, and Forsake brands.