What Did This CEO Just Do with Personal Shares of Shoe Carnival (NASDAQ: SCVL)?

Yesterday, the VICE CHAIRMAN & CEO of Shoe Carnival (SCVLResearch Report), Clifton Sifford, sold shares of SCVL for $1.18M.

Following Clifton Sifford’s last SCVL Sell transaction on April 06, 2018, the stock climbed by 14.6%. In addition to Clifton Sifford, 6 other SCVL executives reported Sell trades in the last month.

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The company has a one-year high of $40.15 and a one-year low of $12.56. SCVL’s market cap is $533 million and the company has a P/E ratio of 52.50. Currently, Shoe Carnival has an average volume of 282.44K.

Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $38.75, reflecting a -1.6% downside.

The insider sentiment on Shoe Carnival has been negative according to 25 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Clifton Sifford’s trades have generated a -34.2% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Shoe Carnival, Inc. engages in the retail of footwear products. It offers casual and athletic footwear for men, women, and children under the Skechers, Clarks, Adidas, Crocs, New Balance, Converse, Roxy, Nike, Vans, Madden Girl, Sperry, Rampage, Keds, PUMA, Timberland, Koolaburra, Jellypop, and ASICS brands. The company was founded in 1978 and is headquartered in Evansville, IN.