Tumi Holdings (TUMI) : During the past 4 weeks, traders have been relatively bearish on Tumi Holdings (TUMI), hence the stock is down -4.22% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.77% relative to the S&P 500. The 4-week change in the price of the stock is -0.04% and the stock has fallen -0.3% in the past 1 week. The stock has recorded a 20-day Moving Average of 0.16% and the 50-Day Moving Average is 0.17%.
Tumi Holdings (NYSE:TUMI): The stock opened at $26.71 on Friday but the bulls could not build on the opening and the stock topped out at $26.71 for the day. The stock traded down to $26.66 during the day, due to lack of any buying support eventually closed down at $26.67 with a loss of -0.11% for the day. The stock had closed at $26.70 on the previous day. The total traded volume was 2,711,834 shares.
The company Insiders own 4.1% of Tumi Holdings shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -46.7% . Institutional Investors own 84.39% of Tumi Holdings shares. During last six month period, the net percent change held by insiders has seen a change of -63.67%. In a related news, Hurwitz Steven M, officer (SVP – Prod Dvlp/Mfg/Sourcing) of Tumi Holdings, Inc., unloaded 9,000 shares at an average price of $26.71 on May 19, 2016. The total amount of the transaction was worth $240,390, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Tumi Holdings, Inc. (Tumi) offers a line of travel and business products and accessories in multiple categories. The Company operates in four segments including: Direct-to-Consumer North America, Indirect-to-Consumer North America, Direct-to-Consumer International and Indirect-to-Consumer International. Tumi designs its products for and markets its products to professionals, travelers and individuals. It distributes its products globally in over 75 countries through approximately 1,800 points of distribution. It uses retail wholesale and electronic commerce channels. Tumis retail stores are located throughout the world including New York, Beverly Hills, San Francisco, Chicago, Paris, London, Rome, Tokyo, Munich, Moscow, Hong Kong, Shanghai, Beijing, Milan and Barcelona. Its production is sourced globally through a network of suppliers based in Asia, Italy and the Caribbean.