Today’s Stock On Watch: Could Perry Ellis International, Inc. Decline After Today’s Significant Increase?

Today's Stock On Watch: Could Perry Ellis International, Inc. Decline After Today's Significant Increase?

The stock of Perry Ellis International, Inc. (NASDAQ:PERY) is a huge mover today! About 93,095 shares traded hands or 28.94% up from the average. Perry Ellis International, Inc. (NASDAQ:PERY) has risen 28.18% since April 20, 2016 and is uptrending. It has outperformed by 23.62% the S&P500.
The move comes after 8 months positive chart setup for the $402.64M company. It was reported on Nov, 22 by Barchart.com. We have $27.20 PT which if reached, will make NASDAQ:PERY worth $24.16 million more.

Perry Ellis International, Inc. (NASDAQ:PERY) Ratings Coverage

Out of 3 analysts covering Perry Ellis International Inc. (NASDAQ:PERY), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Perry Ellis International Inc. has been the topic of 8 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The company was initiated on Friday, September 18 by Sidoti. The rating was reinitiated by Brean Capital on Tuesday, June 21 with “Buy”. The firm earned “Buy” rating on Wednesday, August 26 by Brean Capital. The rating was upgraded by Bank of America on Thursday, August 20 to “Underperform”. The company was downgraded on Saturday, August 22 by TheStreet. The firm has “Buy” rating given on Wednesday, July 22 by Brean Capital. The firm has “Buy” rating by Sidoti given on Wednesday, June 1.

According to Zacks Investment Research, “Perry Ellis International, Inc. is a leading designer, distributor and licensor of a broad line of high quality men’s and women’s apparel, accessories, and fragrances. The company’s collection of dress and casual shirts, golf sportswear, sweaters, dress and casual pants and shorts, jeans wear, active wear and men’s and women’s swimwear is available through all major levels of retail distribution. The company, through its wholly owned subsidiaries, owns a portfolio of nationally and internationally recognized brands including Perry Ellis, Jantzen, Cubavera, Munsingwear, Savane, Original Penguin, Grand Slam, Natural Issue, Pro Player, the Havanera Co., Axis, Tricots St. Raphael, Gotcha, Girl Star and MCD. The company enhances its roster of brands by licensing trademarks from third parties including Dockers for outerwear, Nike and JAG for swimwear, and PING and PGA TOUR for golf apparel.”

Insitutional Activity: The institutional sentiment decreased to 1.6 in Q2 2016. Its down 0.01, from 1.61 in 2016Q1. The ratio fall, as 11 funds sold all Perry Ellis International, Inc. shares owned while 30 reduced positions. 18 funds bought stakes while 48 increased positions. They now own 10.16 million shares or 4.13% more from 9.76 million shares in 2016Q1.
Landscape Mgmt Llc owns 16,067 shares or 0.04% of their US portfolio. Us Commercial Bank De has 6 shares for 0% of their US portfolio. Fifth Third Comml Bank has 591 shares for 0% of their US portfolio. Fincl Consulate has invested 0.16% of its portfolio in Perry Ellis International, Inc. (NASDAQ:PERY). Moreover, Citigroup has 0% invested in Perry Ellis International, Inc. (NASDAQ:PERY) for 7,201 shares. State Street has invested 0% of its portfolio in Perry Ellis International, Inc. (NASDAQ:PERY). State Common Retirement Fund holds 0% of its portfolio in Perry Ellis International, Inc. (NASDAQ:PERY) for 25,865 shares. North Star Inv Mgmt Corporation last reported 74,000 shares in the company. Comerica Bankshares reported 11,693 shares or 0% of all its holdings. Aqr Cap Mngmt Limited Liability Company has 133,605 shares for 0% of their US portfolio. C M Bidwell & Associate accumulated 0.02% or 4,650 shares. The New Jersey-based Systematic Fincl Mngmt Ltd Partnership has invested 0.02% in Perry Ellis International, Inc. (NASDAQ:PERY). Prudential Fin Inc has 40,210 shares for 0% of their US portfolio. Tower Research Cap Limited Liability Com (Trc) holds 0% or 719 shares in its portfolio. Pacific Ridge Prns Ltd Liability Corporation has 0.23% invested in the company for 24,820 shares.

Insider Transactions: Since May 27, 2016, the stock had 0 insider purchases, and 3 selling transactions for $731,568 net activity. 3,859 Perry Ellis International, Inc. (NASDAQ:PERY) shares with value of $76,099 were sold by Voith John F.. 10,942 Perry Ellis International, Inc. (NASDAQ:PERY) shares with value of $214,527 were sold by SILVERSTEIN STANLEY P. The insider FELDENKREIS GEORGE sold $440,942.

More notable recent Perry Ellis International, Inc. (NASDAQ:PERY) news were published by: Marketwatch.com which released: “Perry Ellis’s stock jumps 3.3% premarket after Q4 results” on January 31, 2011, also Zacks.com with their article: “Perry Ellis International (PERY): Moving Average Crossover Alert” published on November 21, 2016, Globenewswire.com published: “Perry Ellis International Announces New Footwear License for Perry Ellis …” on September 15, 2016. More interesting news about Perry Ellis International, Inc. (NASDAQ:PERY) were released by: Globenewswire.com and their article: “Perry Ellis International Expands Executive Team, Names David Enright as Chief …” published on June 01, 2016 as well as Globenewswire.com‘s news article titled: “Perry Ellis International Announces a New License Agreement for Original Penguin” with publication date: September 06, 2016.

PERY Company Profile

Perry Ellis International, Inc., incorporated on April 5, 1967, is an apparel company. The Firm designs, sources, markets and licenses its products nationally and internationally at multiple price points and across all levels of retail distribution. The Firm operates through four divisions: Men’s Sportswear and Swim, Women’s Sportswear, Direct-to-Consumer and Licensing. The Company’s brands include Perry Ellis and Original Penguin by Munsingwear (Original Penguin), Ben Hogan, Cubavera, Farah, Grand Slam, Jantzen, Laundry by Shelli Segal, Rafaella and Savane.

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