The President and CMO of Burlington Stores is Exercising Options

By Carrie Williams

Today it was reported that the President and CMO of Burlington Stores (BURLResearch Report), Jennifer Vecchio, exercised options to sell 15,000 BURL shares at $54.58 a share, for a total transaction value of $2.98M.

In addition to Jennifer Vecchio, 6 other BURL executives reported Sell trades in the last month.

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Based on Burlington Stores’ latest earnings report for the quarter ending July 31, the company posted quarterly revenue of $1.66 billion and quarterly net profit of $84.57 million. In comparison, last year the company earned revenue of $1.5 billion and had a net profit of $70.96 million. The company has a one-year high of $209.36 and a one-year low of $136.30. BURL’s market cap is $13.19B and the company has a P/E ratio of 31.99.

In the last 30 days, insiders have sold $18.96M worth of BURL shares and purchased $248.2K worth of BURL shares. The insider sentiment on Burlington Stores has been negative according to 83 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Burlington Stores, Inc. offers selection of in-season, fashion-focused merchandise, including: women’s ready-to-wear apparel, accessories, footwear, menswear, youth apparel, baby, home, coats, beauty, toys and gifts. The company was founded in 1972 and is headquartered in Burlington, NJ.