The transaction was dated Thursday May 29 and the stock was sold for a total of $573,788.60.
The Secretary, Senior VP and General Counsel at Bebe Stores, a women's apparel and accessories chain, also sold a total of 1,586 shares in a deal dated May 28, for $4.09 per share, Emerging Markets reported.
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Separately, TheStreet Ratings team rates BEBE STORES INC as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:
"We rate BEBE STORES INC (BEBE) a SELL. This is driven by a number of negative factors, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, poor profit margins, weak operating cash flow and generally disappointing historical performance in the stock itself."