Wayne Weaver Sells 166,666 Shares of SHOE
Wayne Weaver reduced his stake in SHOE by selling 166,666 shares.
Key Points
- Wayne Weaver, Chairman of SHOE, sold 166,666 shares on June 18, 2026.
- Shares of SHOE traded near $15.89 on Tuesday.
- State Street Corp reduced its SHOE holdings by 2,819 shares, while JPMorgan Chase & Co boosted its stake by 102,062 shares.
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Wayne Weaver, the Chairman of the Board at SHOE, sold 166,666 shares on June 18, 2026. This insider transaction was not part of a pre-arranged trading plan. On the same day, shares of SHOE traded around $15.89.
Insider Buying and Selling at Shoe Station Group Inc.
On June 18, 2026, Wayne Weaver sold 166,666 shares of SHOE. This transaction was not conducted under a Rule 10b5-1 plan. Additionally, Delores Weaver also sold the same amount of shares on the same day.
Other Institutional Activity in SHOE
State Street Corp reduced its holdings in SHOE by 2,819 shares, leaving it with 417,099 shares valued at approximately $6.5 million. Envestnet Asset Management Inc increased its position by 20,652 shares to 237,086 shares, worth about $3.7 million. JPMorgan Chase & Co significantly boosted its stake by 102,062 shares, now holding 212,503 shares valued at roughly $3.3 million. Empowered Funds, LLC opened a new position with 143,254 shares, valued at about $2.2 million. Meanwhile, Royal Bank of Canada added 5,685 shares, bringing its total to 97,107 shares, valued at approximately $1.5 million.
About SHOE
SHOE operates in the retail sector, focusing on footwear and related accessories. The company provides a wide range of products aimed at diverse consumer groups. It is committed to delivering quality and value through its various retail channels. SHOE's headquarters are located in an unspecified location, and it continues to expand its market presence through strategic initiatives.
Bottom Line
Wayne Weaver's sale of 166,666 shares of SHOE highlights a notable insider transaction. Investors often track such moves for potential signals about the company's outlook. While insider sales can sometimes raise eyebrows, they don't necessarily indicate negative sentiment. This transaction, along with recent institutional activity, provides a snapshot of the current sentiment around SHOE, though it's important to remember that these filings are backward-looking and may not reflect current positions.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.