DSW Inc. (NYSE:DSW)’s Executive Vicepresident, General Counsel & Secretary L William Jordan just reported an acquisition of 1,000 class A common shares at a price of $25.65, on June 3. The total amount of securities that Mr. Jordan directly owns is now 28,928.
In addition, on June 2, Senior Vice President E Mary Meixelsperger also purchased an amount of 2,000 shares of common stock at $25.18 per share at the $2.35 Billion Market Cap Retail-Shoe Stores company. Previous insider investments date of May 2011, and were made by B Philip Miller.
DSW Inc. also counts with the support of several hedge fund shareholders. Eight large shareholders displayed increasing activity on the past quarter. Stephen Mandel’s Lone Pine Capital’s position increased only by 1%, to 6.95 million shares. John Lykouretzos’s Hoplite Capital Management upped its stake by 118% and now owns 3.27 million shares; Ken Griffin’s Citadel Investment Group, by 621%, to 2.24 million shares; and Sac Capital Advisors run by Steven Cohen, 1675%, to 1.2 million shares.
Disclosure: none
Suggested Reading:
The 5 Most Popular Rap Songs of All Time
10 Countries with Cheapest Medical Care
