DSW Inc. (NYSE:DSW) operates as a branded footwear and accessories retailer in the United States.
Insider buying during the last 30 days
Here is a table of DSW's insider activity during the last 30 days.
|Name||Title||Trade Date||Shares Purchased||Current Ownership||Increase In Shares|
|Mary Meixelsperger||SVP||June 2-4||4,000||4,000 shares||from 0 to 4,000|
|Deborah Ferree||Vice Chairman||June 4||20,000||90,533 shares||+28.4%|
|William Jordan||EVP||June 3||1,000||28,928 shares||+3.6%|
There have been 25,000 shares purchased by insiders during the last 30 days.
Insider buying by calendar month
Here is a table of DSW's insider activity by calendar month.
|Month||Insider buying / shares||Insider selling / shares|
There have been 25,000 shares purchased and there have been 681,468 shares sold by insiders since January 2013. The month of June 2014 has seen all of the insider buying.
DSW reported the fiscal 2014 first-quarter, which ended May 3, financial results on May 28 with the following highlights:
|Net income||$38.6 million|
The stock plunged after these results and the three insiders purchased their shares after the plunge.
DSW's fiscal 2014 guidance is as follows:
|Adjusted sales growth||Low single digit|
|Comparable sales decline||Low single digit|
|Qtrly Rev Growth (yoy):||-0.00||0.02||0.14|
|PEG (5 yr expected):||1.67||0.98||1.42|
DSW has the second-highest gross margin among these three companies.
Here is a table of these competitors' insider activities this year.
|Company||Insider buying / shares||Insider selling / shares|
Only DSW has seen intensive insider buying during the last 30 days.
There have been three different insiders buying DSW, and there have not been any insiders selling DSW during the last 30 days. Two of these three insiders increased their holdings by more than 10%. DSW has an insider ownership of 1.44%.
The three insiders purchased their shares at prices ranging from $25.18 to $25.94. I believe DSW could be a good pick below $25.94 based on the intensive insider buying.
Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in DSW over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.