April 25, 2016

BB&T Corp. Downgraded VF Corp (VFC)


VF Corp (NYSE:VFC) was downgraded by analysts at BB&T Corp. to a “hold” rating in a research note issued to investors on Monday, AnalystRatings.Net reports.

In other VF Corp news, CFO Scott A. Roe sold 6,512 shares of the business’s stock in a transaction that occurred on Tuesday, March 1st. The stock was sold at an average price of $65.48, for a total transaction of $426,405.76. Following the transaction, the chief financial officer now owns 57,184 shares in the company, valued at approximately $3,744,408.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Steven E. Rendle sold 53,800 shares of the business’s stock in a transaction that occurred on Wednesday, March 2nd. The stock was sold at an average price of $66.13, for a total value of $3,557,794.00. Following the transaction, the chief operating officer now owns 248,175 shares in the company, valued at approximately $16,411,812.75. The disclosure for this sale can be found here.

Source: American Banking and Market News