LLC Fund Investments Sells Shares of CTRN $CTRN
Key Points
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LLC Fund Investments, insider at Citi Trends, Inc. ($CTRN), sold 750,000 shares at an average price of $56.50, for a total transaction of $42.38 million. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
Citi Trends, Inc. Stock Down 5.7%
Shares of Citi Trends, Inc. ($CTRN) traded around $63.44 on Thursday, down 5.7% for the day.
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About Citi Trends, Inc.
Citi Trends, Inc. operates as a value retailer of apparel, accessories, and home trends. The company offers apparel for juniors, missy, and plus size, including trend right sportswear, outerwear, sleepwear, lingerie, and scrubs for women; basics, fashion, and trends for boys up to size 20 and girls up to size 16, as well as sizes for newborns, infants, and toddlers; children's uniforms, accessories, and sleepwear; and apparel for men and big men, such as trend right sportswear and outerwear. It also provides fashionable handbags, luggage, hats, belts, sunglasses, jewelry, and watches for men and women; and underwear and socks for the entire family, as well as beauty and fragrance offerings for women and men. In addition, the company offers home goods for the bedroom, bathroom, kitchen, and decorative accessories; eclectic composition of wants and needs comprising books, food, tech products, team sports products, toys, health and beauty products, and seasonal items. Further, it provides casual and dress footwear in sizes for men, women, and children. The company was formerly known as Allied Fashion, Inc. and changed its name to Citi Trends, Inc. in 2001. Citi Trends, Inc. was founded in 1946 and is headquartered in Savannah, Georgia.
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