Disclosed on June 18, Thomas Campbell, EVP at Oxford Industries (NYSE:OXM), executed a substantial insider sell as per the latest SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Campbell sold 17,540 shares of Oxford Industries. The total transaction amounted to $1,752,340.
Oxford Industries shares are trading down 0.86% at $100.95 at the time of this writing on Wednesday morning.
Get to Know Oxford Industries Better
Oxford Industries Inc is an apparel manufacturing company that designs, sources, markets, and distributes products under the brand name Tommy Bahama, and Lilly Pulitzer. Tommy Bahama designs, sources, markets, and distributes men's and women's sportswear and related products. Lilly Pulitzer designs, sources, markets, and distributes upscale collections of women's and women's dresses, sportswear, and related products. The company generates a majority of its revenue from the Tommy Bahama division.
Breaking Down Oxford Industries's Financial Performance
Negative Revenue Trend: Examining Oxford Industries's financials over 3 months reveals challenges. As of 30 April, 2024, the company experienced a decline of approximately -5.22% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, ...