On August 21, 2012, President & CEO of Ann Inc (ANN) Krill Katherine Lawther sold 491,767 shares at an average price of $33.75. The total transaction amount was $16,597,136.
Ms. Krill has been Chief Executive Officer of AnnTaylor since 2005, President of the Company since 2004, and a member of the Board of Directors since 2004. From 2001 until 2004, she was President of LOFT.
Krill Katherine Lawther sold 86,251 shares of ANN stock in May, June, and July. Other Directors and Officers, such as EVP/Genral Counsel/ Secretary Barbara Eisenberg, Brand President, LOFT Gary Muto, James J Burke Jr, and Brand President, Ann Taylor Brian E Lynch, have also sold shares of ANN stock.
GuruFocus Guru Joel Greenblatt increased his position in the Company. He owns 82,207 shares as of June 30, 2012, an increase of 209.79% from the previous quarter.
AnnTaylor Inc reported their fiscal second quarter of 2012. The Company reported net income of $30.7 million and revenues of $594.9 million.
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