---
title: "Sell Alert: Christina Ciglar Cashes Out $230K In Steven Madden Stock"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289486107.md"
description: "Christina Ciglar, Chief Product Officer at Steven Madden (NASDAQ:SHOO), sold 5,147 shares worth $230,276 on June 10, per SEC filings. The transaction was reported via Form 4. At the time of reporting, SHOO shares rose 1.89% to $44.6. The article also highlights Steven Madden's strong financial metrics, including 17.99% revenue growth, a 54.73% gross margin, and positive EPS, while noting valuation ratios like a high P/E but attractive P/S."
datetime: "2026-06-11T15:02:55.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289486107.md)
  - [en](https://longbridge.com/en/news/289486107.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289486107.md)
---

# Sell Alert: Christina Ciglar Cashes Out $230K In Steven Madden Stock

**Christina Ciglar**, Chief Product Officer at **Steven Madden** (NASDAQ:SHOO), executed a substantial insider sell on June 10, according to an SEC filing.

**What Happened:** Ciglar opted to sell 5,147 shares of **Steven Madden**, according to a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The transaction's total worth stands at $230,276.

At Thursday morning, **Steven Madden** shares are up by 1.89%, trading at $44.6.

### All You Need to Know About Steven Madden

Steven Madden Ltd and its subsidiaries design, source, and market branded and private label footwear, accessories, and apparel. Its offerings include contemporary styles and core products, known for design creativity, trend-right offerings, high quality, and accessible price points. It operates through four segments: Wholesale Footwear, which generates maximum revenue and sells footwear globally; Wholesale Accessories/Apparel, which sells handbags and apparel through wholesale channels; Direct-to-Consumer, which sells footwear, handbags, apparel, and accessories through stores, outlets, e-commerce, and concessions; and Licensing, which licenses Steve Madden, Betsey Johnson, and Kurt Geiger trademarks, with the Company generating the majority of its revenue from the USA.

### Steven Madden: A Financial Overview

**Revenue Growth:** Steven Madden's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2026, the company achieved a revenue growth rate of approximately **17.99%**. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.

**Analyzing Profitability Metrics:**

-   Gross Margin: The company excels with a remarkable gross margin of 54.73%, indicating superior cost efficiency and profitability compared to its industry peers.
-   Earnings per Share (EPS): Steven Madden's EPS is a standout, portraying a positive bottom-line trend that exceeds the industry average with a current EPS of 1.01.

**Debt Management:** Steven Madden's debt-to-equity ratio is below the industry average at **0.59**, reflecting a lower dependency on debt financing and a more conservative financial approach.

**Assessing Valuation Metrics:**

-   Price to Earnings (P/E) Ratio: Steven Madden's current Price to Earnings (P/E) ratio of 41.73 is higher than the industry average, indicating that the stock may be overvalued according to market sentiment.
-   Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 1.2, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
-   EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): At 20.84, the company's EV/EBITDA ratio outperforms industry norms, reflecting positive market perception. This positioning indicates optimistic expectations for the company's future performance.

**Market Capitalization Analysis:** Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

### Why Insider Transactions Are Important

Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.

In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.

When a company insider makes a new purchase, that is an indication that they expect the stock to rise.

Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down.

### Understanding Crucial Transaction Codes

For investors, a primary focus lies on transactions occurring in the open market, as indicated in Table I of the Form 4 filing. A **P** in Box 3 denotes a purchase, while **S** signifies a sale. Transaction code **C** signals the conversion of an option, and transaction code **A** denotes a grant, award, or other acquisition of securities from the company.

Check Out The Full List Of Steven Madden's Insider Trades.

_This article was generated by Benzinga's automated content engine and reviewed by an editor._

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