Neal Nackman Sells Shares in G-III Apparel Group

On June 15, 2026, Neal Nackman, the Chief Financial Officer of G-III Apparel Group, Ltd. (NasdaqGS: GIII), sold 18,251 shares of the company. The shares were sold at an average price of $34.63, amounting to a total transaction value of $632,032. This insider sale was not part of a pre-arranged trading plan.

Other Institutional Activity in G-III Apparel Group

Several major funds have adjusted their positions in G-III Apparel Group. BlackRock, Inc. increased its holdings by 27,259 shares, reaching a total of 6,880,900 shares valued at about $190.6 million. American Century Companies Inc. also boosted its stake by 79,813 shares, ending with 1,818,651 shares worth approximately $50.4 million. On the other hand, State Street Corp reduced its position by 46,729 shares, bringing its total down to 1,428,710 shares valued at $39.6 million.

G-III Apparel Group, Ltd. Stock Up 5.1%

Shares of G-III Apparel Group are trading near $35.17. The company has a market capitalization of around $1.47 billion and a P/E ratio of 12.19. Its stock has seen a 52-week low of $21.10 and a high of $36.53. The company maintains a 50-day moving average of $31.35 and a 200-day moving average of $29.28. With a current ratio of 3.18 and a quick ratio of 1.82, G-III Apparel Group appears to have a solid liquidity position.

Recent Earnings

In its latest earnings report, G-III Apparel Group posted revenue of approximately $2.91 billion, reflecting a decline of 8.2% from the previous year. The company's net margin stood at 4.34%, with a return on equity of 7.19%. Earnings per share were reported at $2.86. The next earnings announcement is expected on September 3, 2026.

Dividend

G-III Apparel Group offers an annual dividend rate of $0.40 per share, yielding 1.15%. The company's dividend payout ratio is a modest 7.04%.

Insider Buying and Selling at G-III Apparel Group, Ltd.

Besides Neal Nackman's sale, other insiders were active on June 15, 2026. CEO Morris Goldfarb sold shares at the same average price of $34.63, while Executive Vice President Jeffrey David Goldfarb and Vice Chairman Sammy Aaron both executed share transactions. Notably, some of these transactions involved buying shares at a price of $0.00.

Analysts Set New Price Targets

On June 8, 2026, Telsey Advisory Group maintained its 'hold' rating with a $38 price target. Keybanc and BTIG both held a 'buy' rating, setting their targets at $40. The consensus among analysts is a 'buy' recommendation, with an average target price of $39.33 based on three analyst opinions.

About G-III Apparel Group

G-III Apparel Group, Ltd. is a New York-based company involved in designing, sourcing, and marketing apparel for both women and men. Operating through Wholesale and Retail segments, it offers a wide range of products including outerwear, dresses, and sportswear. The company owns several brands such as Andrew Marc and DKNY, and holds licenses for brands like Calvin Klein and Tommy Hilfiger. Founded in 1956, G-III Apparel Group employs around 3,400 people.

Bottom Line

Neal Nackman's recent sale of G-III Apparel Group shares adds to the mix of insider activity at the company. The stock is trading near its recent highs, and institutional investors have shown varied interest, with some increasing and others decreasing their positions. Analysts maintain a positive outlook, with a consensus 'buy' rating and price targets suggesting potential upside. As always, insider transactions provide a glimpse into executive sentiment, but they are just one piece of the puzzle for investors.