Scsp Refo Sells 149,596 Shares of Reformation (NYSE:REF) Stock

Reformation Inc. (NYSE:REFGet Free Report) major shareholder Scsp Refo sold 149,596 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $13.95, for a total value of $2,086,864.20. Following the transaction, the insider owned 28,942,153 shares of the company’s stock, valued at $403,743,034.35. The trade was a 0.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Scsp Refo also recently made the following trade(s):

  • On Friday, July 31st, Scsp Refo sold 2,987,199 shares of Reformation stock. The shares were sold at an average price of $13.95, for a total transaction of $41,671,426.05.

Reformation Price Performance

Shares of NYSE:REF opened at $13.67 on Friday. Reformation Inc. has a twelve month low of $12.83 and a twelve month high of $17.26.

Analysts Set New Price Targets

A number of brokerages have issued reports on REF. BTIG Research began coverage on shares of Reformation in a report on Monday, August 24th. They set a “buy” rating and a $20.00 target price on the stock. JPMorgan Chase & Co. assumed coverage on Reformation in a report on Monday, August 24th. They set an “overweight” rating and a $21.00 price objective on the stock. Royal Bank Of Canada started coverage on Reformation in a research note on Monday, August 24th. They issued an “outperform” rating and a $18.00 target price for the company. Robert W. Baird assumed coverage on Reformation in a research report on Monday, August 24th. They set an “outperform” rating and a $19.00 price target on the stock. Finally, Guggenheim began coverage on shares of Reformation in a research report on Monday, August 24th. They issued a “buy” rating and a $20.00 price objective for the company. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $19.25.

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About Reformation

(Get Free Report)

Reformation Inc provide sustainable womenswear brand. Reformation Inc is based in LOS ANGELES.

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