Insider Buying: Cache CFO Buys 28,571 Shares of Stock (CACH)
Cache (NASDAQ:CACH) CFO Anthony F. Dipippa acquired 28,571 shares of the company’s stock in a transaction that occurred on Wednesday, May 28th. The shares were purchased at an average cost of $2.00 per share, with a total value of $57,142.00. Following the transaction, the chief financial officer now directly owns 103,571 shares of the company’s stock, valued at approximately $207,142. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Cache (NASDAQ:CACH) remained flat at $1.75 during during mid-day trading trading on Thursday. The stock had a trading volume of 204,830 shares. Cache has a 52 week low of $1.15 and a 52 week high of $6.83. The stock has a 50-day moving average of $2.36 and a 200-day moving average of $4.23. The company’s market cap is $37.0 million.
Cache (NASDAQ:CACH) last issued its quarterly earnings data on Monday, May 12th. The company reported ($0.50) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.42) by $0.08. On average, analysts predict that Cache will post $-1.00 earnings per share for the current fiscal year.
Cache, Inc is a nationwide, mall-based specialty retailer of lifestyle sportswear and dresses targeting style-conscious women.
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