Scsp Refo Sells 149,596 Shares of Reformation (NYSE:REF) Stock

Posted by Brian Himes on Sep 3rd, 2026

Reformation Inc. (NYSE:REF – Get Free Report) major shareholder Scsp Refo sold 149,596 shares of the business’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $13.95, for a total transaction of $2,086,864.20. Following the completion of the sale, the insider owned 28,942,153 shares in the company, valued at approximately $403,743,034.35. This trade represents a 0.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Scsp Refo also recently made the following trade(s):

On Friday, July 31st, Scsp Refo sold 2,987,199 shares of Reformation stock. The shares were sold at an average price of $13.95, for a total transaction of $41,671,426.05.

Reformation Stock Down 2.6%

REF stock traded down $0.37 during mid-day trading on Thursday, hitting $13.76. 257,835 shares of the company were exchanged, compared to its average volume of 449,809. Reformation Inc. has a 12-month low of $12.83 and a 12-month high of $17.26.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Guggenheim began coverage on shares of Reformation in a research report on Monday, August 24th. They set a “buy” rating and a $20.00 price objective for the company. JPMorgan Chase & Co. started coverage on Reformation in a research report on Monday, August 24th. They issued an “overweight” rating and a $21.00 target price on the stock. Wall Street Zen upgraded Reformation to a “hold” rating in a research note on Saturday, August 8th. Morgan Stanley began coverage on Reformation in a research report on Monday, August 24th. They set an “equal weight” rating and a $16.00 price target for the company. Finally, BTIG Research assumed coverage on Reformation in a report on Monday, August 24th. They issued a “buy” rating and a $20.00 price objective on the stock. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $19.25.

Check Out Our Latest Stock Report on REF