The CAO of Kohl’s Corp (NYSE: KSS) is Selling Shares

By Carrie Williams

Today, the CAO of Kohl’s Corp (NYSE: KSS), Richard Schepp, sold shares of KSS for $1.18M.

Following Richard Schepp’s last KSS Sell transaction on March 05, 2015, the stock climbed by 12.1%. In addition to Richard Schepp, 2 other KSS executives reported Sell trades in the last month.

See today’s analyst top recommended stocks >>

Based on Kohl’s Corp’s latest earnings report for the quarter ending April 30, the company posted quarterly revenue of $4.21 billion and quarterly net profit of $75 million. In comparison, last year the company earned revenue of $3.84 billion and had a net profit of $66 million. KSS’s market cap is $12.72B and the company has a P/E ratio of 14.58. Currently, Kohl’s Corp has an average volume of 5.93M.

Seven different firms, including Atlantic Equities and Merrill Lynch, currently also have a Sell rating on the stock. Based on 12 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $76.60, reflecting a -4.3% downside.

In the last 30 days, insiders have sold $1.39M worth of KSS shares and purchased $379.1K worth of KSS shares. The insider sentiment on Kohl’s Corp has been negative according to 119 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Kohl’s Corp. owns and operates family-oriented department stores. It offers exclusive brand apparel, shoes, accessories and home & beauty products through its department stores. Its stores offer apparel, footwear and accessories for women, men and children; soft home products, such as sheets and pillows and house wares targeted to middle-income customers.