Cheniere Energy Inc. (LNG) and Vince Holding Corp (VNCE) See Their CEOs Buy Shares; Three Other Companies Register Insider Selling

Contemporary Clothing Company Has CEO Buy Shares

The man in charge of Vince Holding Corp (NYSE:VNCE) recently made the first acquisition of Vince shares.  Brendan L. Hoffman, CEO since October 2015, purchased a new stake of 30,000 shares on Tuesday at $5.28 apiece. The purchase comes shortly after the contemporary clothing company released its financial results for the first quarter of fiscal 2016 that ended April 30. Vince Holding Corp (NYSE:VNCE) reported net sales of $67.65 million for the three months that ended April 30, up from $59.84 million posted for the same period of the prior year. However, the company’s comparable sales including e-commerce plunged a disturbing 12.3% year-over-year, reflecting a decline in the number of transactions and average order value as a result of a planned reduction in promotional activity and inventory levels. The decrease in gross margin to 41.8% from a much higher margin of 51.4% recorded last year, as well as an increase of 24.0% in selling, general and administrative expenses, impacted significantly the company’s bottom line. Vince shares are 11% in the green thus far in 2016. Joel Ramin’s 12 West Capital Management added an 847,436-share stake in Vince Holding Corp (NYSE:VNCE) during the first quarter of 2016.

Truckload Carrier Has Board Member Sell Big This Week

Larry J. Gordon, member of Heartland Express Inc. (NASDAQ:HTLD)’s board, discarded 50,000 shares on Tuesday and 45,934 shares on Wednesday at prices that ranged from $17.54 to $17.93 per share. After the recent sales, Mr. Gordon continues to own 476,933 shares. The short-to-medium haul truckload carrier of commodities has seen its market value gain 4% since the beginning of 2016. In early May, analysts at Wells Fargo downgraded Heartland Express Inc. (NASDAQ:HTLD) to ‘Underperform’ from ‘Market Perform’, while analysts at investment firm KeyBanc Capital Markets downgraded the stock to ‘Sector Weight’ from ‘Overweight’. KeyBanc analysts’ downgrade reflects softer pricing dynamics and relative valuation, but the transportation and logistics company is said to have limited downside due to favorable free-cash-flow generation and healthy balance sheet. Shares of Heartland Express are currently changing hands at around 20.4-expected earnings, above the forward P/E of 16.8 for the S&P 500 Index. Ken Fisher’s Fisher Asset Management has 2.25 million shares of Heartland Express Inc. (NASDAQ:HTLD) in its portfolio as of March 31.