Weyco Group (NASDAQ:WEYS) VP Sells 1,059 Shares of Stock

Weyco Group, Inc. (NASDAQ:WEYS - Get Free Report) VP Dustin Combs sold 1,059 shares of the business's stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $30.09, for a total transaction of $31,865.31. Following the transaction, the vice president owned 3,455 shares in the company, valued at $103,960.95. The trade was a 23.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.High-Yield Weyco Group Returns To Reasonable LevelsDustin Combs also recently made the following trade(s): On Thursday, September 11th, Dustin Combs sold 585 shares of Weyco Group stock. The stock was sold at an average price of $29.92, for a total transaction of $17,503.20. Weyco Group Stock Up 0.4%WEYS traded up $0.11 during midday trading on Monday, hitting $30.07. The company had a trading volume of 3,735 shares, compared to its average volume of 14,406. The stock's 50 day moving average price is $29.88 and its 200 day moving average price is $30.76. Weyco Group, Inc. has a 52 week low of $25.51 and a 52 week high of $38.24. The company has a market capitalization of $287.06 million, a price-to-earnings ratio of 11.18 and a beta of 0.97. Weyco Group (NASDAQ:WEYS - Get Free Report) last issued its earnings results on Tuesday, November 4th. The textile maker reported $0.69 EPS for the quarter. Weyco Group had a return on equity of 10.34% and a net margin of 9.20%.The company had revenue of $73.12 million during the quarter. Weyco Group Dividend AnnouncementThe firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 9th. Shareholders of record on Monday, November 17th will be paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Monday, November 17th. Weyco Group's dividend payout ratio (DPR) is 42.52%. Analysts Set New Price TargetsSeparately, Weiss Ratings reissued a "hold (c+)" rating on shares of Weyco Group in a research note on Monday, November 24th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of "Hold".Read Our Latest Stock Analysis on WEYSInstitutional Inflows and OutflowsA number of institutional investors have recently made changes to their positions in the company. Charles Schwab Investment Management Inc. increased its holdings in Weyco Group by 5.3% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 18,059 shares of the textile maker's stock worth $550,000 after acquiring an additional 903 shares during the last quarter. Nuveen LLC purchased a new position in shares of Weyco Group in the first quarter worth about $277,000. Empowered Funds LLC raised its position in shares of Weyco Group by 8.2% in the first quarter. Empowered Funds LLC now owns 43,175 shares of the textile maker's stock valued at $1,316,000 after purchasing an additional 3,285 shares during the period. Strs Ohio purchased a new stake in shares of Weyco Group during the 1st quarter valued at approximately $466,000. Finally, Voya Investment Management LLC bought a new position in Weyco Group in the 1st quarter worth approximately $201,000. Hedge funds and other institutional investors own 23.59% of the company's stock. About Weyco Group (Get Free Report)Weyco Group, Inc designs and distributes footwear for men, women, and children. It operates in two segments, North American Wholesale Operations and North American Retail Operations. The company offers mid-priced leather dress shoes and casual footwear of man-made materials and leather; and outdoor boots, shoes, and sandals under the Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters, and Forsake brands.Recommended StoriesFive stocks we like better than Weyco GroupTop Stocks Investing in 5G TechnologyNVIDIA’s 13F Reveals 2 Q3 Winners—And 1 Painful MissBusiness Services Stocks InvestingWhy Silver Beat Gold and the S&P in 2025—And What Comes Next3 Warren Buffett Stocks to Buy Now5 Healthcare Names to Watch as Sector Rotation Is in Full SwingThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Weyco Group Right Now?Before you consider Weyco Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Weyco Group wasn't on the list.While Weyco Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here