Weyco group VP marketing Douglass sells $14,087 in company stock By Investing.com

Jeffrey S. Douglass, VP of Marketing at WEYCO GROUP INC (), recently sold company common stock totaling $14,087. The transactions occurred over two days in mid-August, with prices ranging from $46.90 to $46.99 per share.

On August 11, 2026, Mr. Douglass disposed of 100 shares of common stock at a price of $46.90 per share, followed by another 100 shares at $46.98 per share. The next day, August 12, 2026, he sold an additional 100 shares at $46.99 per share. The sale prices align closely with the stock’s current trading level of $46.73, which sits just 4% below its 52-week high of $48.67. According to InvestingPro analysis, WEYS appears overvalued at current levels relative to its Fair Value estimate—placing it among stocks on the Most Overvalued list.

Following these sales, Mr. Douglass directly holds 7,478 shares of WEYCO GROUP INC common stock. The filing also indicated his ownership of various stock options, which vest over several years, though no transactions related to these derivative securities were reported. The company has demonstrated remarkable dividend consistency, maintaining payments for 56 consecutive years while currently offering a 6.68% yield. InvestingPro subscribers have access to 15 additional ProTips for WEYS, plus comprehensive Pro Research Reports covering this and 1,400+ other US equities.

In other recent news, Weyco Group reported a strong performance in the second quarter of 2026, with sales increasing by 7% and a significant rise in profit. The company announced diluted earnings of $1.39 per share on revenue of $62.2 million, compared to $0.24 per share and $58.1 million in the same period last year. This improvement was attributed to tariff refunds and higher prices, which helped expand the company’s profit margins amidst challenging consumer conditions. These recent developments highlight Weyco Group’s ability to navigate a tough market environment. The company’s financial results were notably supported by an increase in net sales, despite a generally weak climate for discretionary spending. These earnings results are crucial for investors assessing Weyco Group’s performance and future potential.

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