Qsemble Capital Management LP lowered its position in Foot Locker, Inc. (NYSE:FL – Free Report) by 65.2% during the 2nd quarter, HoldingsChannel reports. The fund owned 19,666 shares of the athletic footwear retailer’s stock after selling 36,848 shares during the period. Qsemble Capital Management LP’s holdings in Foot Locker were worth $490,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in the company. Headlands Technologies LLC purchased a new stake in Foot Locker in the 2nd quarter worth about $43,000. Choreo LLC bought a new position in shares of Foot Locker during the second quarter valued at approximately $585,000. Foundry Partners LLC raised its holdings in shares of Foot Locker by 32.9% in the second quarter. Foundry Partners LLC now owns 11,420 shares of the athletic footwear retailer’s stock worth $285,000 after buying an additional 2,829 shares during the period. Arizona State Retirement System raised its holdings in shares of Foot Locker by 2.2% in the second quarter. Arizona State Retirement System now owns 23,808 shares of the athletic footwear retailer’s stock worth $593,000 after buying an additional 518 shares during the period. Finally, Rhumbline Advisers lifted its stake in shares of Foot Locker by 0.7% during the 2nd quarter. Rhumbline Advisers now owns 268,910 shares of the athletic footwear retailer’s stock worth $6,701,000 after acquiring an additional 1,756 shares during the last quarter.
Insiders Place Their Bets
In related news, major shareholder Vesa Equity Investment S.A R.L sold 1,500 shares of the stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $32.90, for a total transaction of $49,350.00. Following the completion of the sale, the insider now owns 11,402,353 shares of the company’s stock, valued at $375,137,413.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last ninety days, insiders sold 787,566 shares of company stock worth $26,090,866. 1.20% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
View Our Latest Stock Analysis on FL
Foot Locker Price Performance
Shares of NYSE FL opened at $26.95 on Friday. Foot Locker, Inc. has a 1-year low of $16.68 and a 1-year high of $35.60. The business has a fifty day moving average price of $28.17 and a 200 day moving average price of $25.85. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.49 and a current ratio of 1.66.
About Foot Locker
Foot Locker, Inc, through its subsidiaries, operates as a footwear and apparel retailer in North America, Europe, Australia, New Zealand, Asia, and the Middle East. Its brand portfolio includes Foot Locker, a brand comprising sneakers and apparel; Kids Foot Locker, which offers athletic footwear, apparel, and accessories for children; and Champs Sports that operates as a mall-based specialty athletic footwear and apparel retailer.
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