bebe stores, inc. (NASDAQ:BEBE) insider Manny Mashouf sold 250,000 shares of bebe stores stock in a transaction that occurred on Friday, January 12th. The stock was sold at an average price of $6.00, for a total value of $1,500,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Shares of bebe stores, inc. (NASDAQ BEBE) traded up $0.24 during mid-day trading on Tuesday, hitting $4.44. The company’s stock had a trading volume of 1,353 shares, compared to its average volume of 47,656. bebe stores, inc. has a one year low of $3.02 and a one year high of $7.00. The stock has a market cap of $36.03, a P/E ratio of -1.13 and a beta of 2.69.
A hedge fund recently raised its stake in bebe stores stock. Royce & Associates LP raised its stake in bebe stores, inc. (NASDAQ:BEBE) by 18.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 228,855 shares of the company’s stock after purchasing an additional 35,400 shares during the quarter. Royce & Associates LP owned 2.82% of bebe stores worth $1,176,000 at the end of the most recent reporting period. Institutional investors own 11.91% of the company’s stock.
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bebe stores, inc. designs, develops and produces a range of contemporary women’s apparel and accessories. The Company’s product offering includes a range of separates, tops, dresses, active wear and accessories for a range of occasions. It designs and develops its merchandise in-house, which is manufactured to its specifications and it also sources directly from third-party manufacturers.
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