G-III Apparel (GIII) EVP David Sells $1.9M of Stock

Jeffrey Goldfarb, the Executive Vice President of G-III Apparel Group, Ltd. (NasdaqGS:GIII), sold 55,400 shares of the company on June 15, 2026. The shares were sold at an average price of $34.63, amounting to roughly $1.92 million. This transaction was not part of a pre-arranged trading plan.

Insider Buying and Selling at G-III Apparel Group, Ltd.

In addition to Jeffrey Goldfarb's sale, other executives at G-III Apparel Group engaged in stock transactions on June 15, 2026. CEO Morris Goldfarb, CFO Neal Nackman, and Vice Chairman Sammy Aaron also sold shares, with Jeffrey Goldfarb and Sammy Aaron buying additional shares at a zero price, reflecting internal stock compensation or reallocation.

Other Institutional Activity in G-III Apparel Group

Several institutional investors adjusted their holdings in G-III Apparel Group. BlackRock, Inc. increased its holdings by 27,259 shares, bringing its total to approximately 6.88 million shares valued at about $190.6 million. Dimensional Fund Advisors LP slightly reduced its position by 1,831 shares, ending with around 2.87 million shares worth $79.6 million. American Century Companies Inc made a significant addition, increasing its holdings by 79,813 shares to a total of 1.82 million shares valued at $50.4 million.

G-III Apparel Group, Ltd. Stock Up 27.6%

Shares of G-III Apparel Group are trading near $35.17. The company has a market capitalization of approximately $1.47 billion and a P/E ratio of 12.19. Its stock has fluctuated between a low of $21.10 and a high of $36.53 over the past year. The 50-day moving average is $31.35, and the 200-day moving average is $29.28. The company maintains a strong current ratio of 3.18 and a quick ratio of 1.82, with a debt-to-equity ratio of 16.09.

Recent Earnings

G-III Apparel Group reported revenue of about $2.91 billion, although it experienced a revenue decline of 8.2%. The company achieved a net margin of 4.34% and a return on equity of 7.19%. Its earnings per share stood at $2.86. The next earnings report is expected on September 3, 2026.

Dividend

G-III Apparel Group pays an annual dividend of $0.40 per share, yielding 1.15%. The dividend payout ratio is a modest 7.04%.

Analysts Set New Price Targets

On June 8, 2026, Telsey Advisory Group maintained its "hold" rating on G-III Apparel Group with a price target of $38.00. Keybanc and BTIG both issued a "buy" rating with a higher target of $40.00. The consensus among analysts is a "buy" rating, with an average target price of $39.33 based on three opinions.

About G-III Apparel Group

G-III Apparel Group, Ltd., based in New York, designs, sources, and markets a wide range of apparel for both women and men. The company operates through its Wholesale and Retail segments, offering products such as outerwear, dresses, sportswear, and accessories. It owns brands like Andrew Marc and DKNY and licenses others like Calvin Klein and Tommy Hilfiger. Founded in 1956, G-III employs about 3,400 people.

Bottom Line

Jeffrey Goldfarb's recent sale of shares in G-III Apparel Group is part of ongoing insider activity within the company. Investors often watch such moves for insights into company leadership's confidence. G-III continues to show a solid market position, though its recent revenue decline has caught analysts' attention. Remember, this insider activity is reported after the fact, and the company's financial health remains a key focus for stakeholders.