VF Corp director Richard Carucci acquires $602,500 in stock

Published 27/05/2025, 11:18
VF Corp director Richard Carucci acquires $602,500 in stock

In a recent transaction, Richard Carucci, a director at VF Corporation (NYSE:VFC), has acquired 50,000 shares of the company’s common stock. The purchase comes as the stock has declined over 40% in the past six months, according to InvestingPro data. The shares were purchased on May 23, 2025, at a weighted average price of $12.05 per share, resulting in a total transaction value of $602,500. This acquisition increases Carucci’s direct ownership to 280,281 shares. The stock purchase was executed over multiple transactions, with prices ranging from $12.04 to $12.06 per share. With a market capitalization of $4.7 billion and an impressive 55-year streak of consecutive dividend payments, InvestingPro analysis indicates the stock is currently undervalued. Discover more insights about VFC and track insider transactions with InvestingPro’s comprehensive research reports, available for 1,400+ US stocks.

In other recent news, VF Corp reported mixed results in its latest earnings report, with revenues aligning with expectations and adjusted earnings per share (EPS) surpassing projections. Despite these positive outcomes, the company faced challenges with its Vans brand, which saw a significant decline in sales, impacting overall performance. Analysts from BNP Paribas (OTC:BNPQY) Exane, Stifel, BMO Capital Markets, Truist Securities, and Needham have all adjusted their price targets for VF Corp, reflecting these developments.

BNP Paribas Exane and Truist Securities maintained their Neutral and Hold ratings, respectively, but reduced their price targets significantly, citing concerns over the company’s free cash flow and the ongoing Vans brand reset. Stifel and Needham, while reducing their price targets, maintained Buy ratings, expressing optimism about VF Corp’s long-term prospects despite short-term hurdles. BMO Capital Markets also lowered its price target while maintaining a Market Perform rating, highlighting the company’s mixed performance across its brand portfolio.

The North Face and Timberland brands showed growth, yet Vans’ performance remains a focal point for analysts. Stifel and Needham’s revised EPS forecasts reflect a cautious outlook, with Stifel projecting a delay in top-line strength and Needham anticipating continued challenges for Vans. As VF Corp continues to implement its Reinvent strategy, analysts suggest investors monitor the company’s progress in overcoming these challenges and achieving sustained growth.

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