Executive Insiders and Financial Institution Cashing DSW’s Stock

Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently decreased stock shares of DSW Inc. (NYSE:DSW).

SEC data indicate these insiders have sold DSW Inc.’s stock since 06/30/2011:

Ferree Deborah L: act as V Chairman & Chief Mdsing Off.. On 07/19/2011, sold 10,000 shares, worth $540,600.

Ferree Deborah L: act as V Chairman & Chief Mdsing Off.. On 10/19/2011, sold 10,439 shares, worth $529,400.

Ferree Deborah L: act as V Chairman & Chief Mdsing Off.. On 09/19/2011, sold 10,000 shares, worth $460,700.

Ferree Deborah L: act as V Chairman & Chief Mdsing Off.. On 11/21/2011, sold 10,439 shares, worth $456,200.

Ferree Deborah L: act as V Chairman & Chief Mdsing Off.. On 08/23/2011, sold 10,000 shares, worth $400,000.

SEC data indicate that these institutions significantly reduced their stock shares of DSW Inc. in Q3 2011:

CADENCE CAPITAL MANAGEMENT LLC: On 06/30/2011, held 321,354 shares, worth $15,527,825. On 09/30/2011, held 0 shares.

AQR CAPITAL MANAGEMENT LLC: On 06/30/2011, held 189,888 shares, worth $9,175,388. On 09/30/2011, held 0 shares.

VALINOR MANAGEMENT, LLC: On 06/30/2011, held 171,700 shares, worth $8,296,544. On 09/30/2011, held 0 shares.

OXFORD ASSET MANAGEMENT: On 06/30/2011, held 84,359 shares, worth $4,076,227. On 09/30/2011, held 0 shares.

MOORE CAPITAL MANAGEMENT, LP: On 06/30/2011, held 70,000 shares, worth $3,382,400. On 09/30/2011, held 0 shares.

About the company: DSW Inc., is a specialty branded footwear retailer operating in the United States. The Company offers a wide selection of brand name and designer dress, casual, and athletic footwear for women and men.

Competitors to Watch: Collective Brands Inc. (NYSE:PSS), Genesco Inc. (NYSE:GCO), Foot Locker, Inc. (NYSE:FL), Shoe Carnival, Inc. (NASDAQ:SCVL), Bakers Footwear Group Inc (BKRS), The Finish Line, Inc. (NASDAQ:FINL), Prima Moda S.A. (NYSE:PMA), Deckers Outdoor Corp. (NASDAQ:DECK), NIKE, Inc. (NYSE:NKE), Skechers USA, Inc. (NYSE:SKX), The Timberland Company (NYSE:TBL), Crocs (NASDAQ:CROX), Under Armour (NYSE:UA), Wolverine World Wide, Inc. (NYSE:WWW), Steven Madden, Ltd. (NASDAQ:SHOO), LaCrosse Footwear, Inc. (NASDAQ:BOOT), Brown Shoe Company, Inc. (NYSE:BWS), and Phoenix Footwear Group, Inc. (AMEX:PXG).

(Note: Data regarding DSW Inc.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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To contact the reporter on this story: Dave Friedman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com