Insider Trading Alert: Alliance Data Systems Corporation (ADS)

Alliance Data Systems Corporation (NYSE:ADS) insider has recently participated in insider trading activity. EVP & President, LoyaltyOne, Pearson Bryan A sold 3,724 shares for $673,210 via one transaction Feb 11. Following the transaction, the insider now owns 19,226 shares in total, priced at $3,604,682.7 as of Tuesday. Another notable insider trading was done by the same insider on Feb 09. Kennedy Bryan J acquired 7,724 shares at an average price of $179.00 for a total of $118,354. Moreover, Pearson Bryan A carried out a sale of 4,000 shares at $273.97 each on Dec 22. The transaction amounted to $1,095,884. EVP & Pres, Card Services Miller Melisa A sold5,100 shares for $1,507,992 through one transaction Nov 03. Following this sale, this insider’s stake in the company comprises 31,571 shares, priced at $5,919,246.8 as of Tuesday.

The stock has experienced a total of 3 insider trades in the past three months. These trades include 3 sell activities and 0 buy trades. Furthermore, over the past 12 months, the stock was traded 48 times by insiders. In 26 of these trades, the insider was a seller while an employee of the company was the buyer in just 22 instances.

Alliance Data Systems Corporation (ADS) on February 11, 2016 announced that Ed Heffernan, chief executive officer, will present at a fireside chat at the Keefe, Bruyette & Woods Cards, Payments & Financial Technology Symposium at the Mandarin Oriental Hotel in New York, NY on Monday, February 22, 2016.

The presentation will take place at 10:30 a.m. EDT and will be broadcast live over the Internet at the following address: http://wsw.com/webcast/kbw32/ads or through the Company’s website at www.alliancedata.com. A replay of the webcast will be available for 30 days following the presentation.

Additionally, on Feb. 4, 2016 announced its Columbus, Ohio-based card services business, a premier provider of branded private label, co-brand and commercial credit programs, has signed a new long-term agreement to provide private label credit card services for Boscov’s Department Store, LLC. Based in Reading, Pennsylvania, Boscov’s is the largest family-owned department store chain in the U.S., operating 44 stores throughout seven mid-Atlantic states and an online store (www.boscovs.com), providing a wide variety of brand-name apparel, footwear, cosmetics, jewelry and merchandise for the home.

Alliance Data’s industry-leading, data-driven marketing tools will deliver custom analytics and insights for Boscov’s, increasing cardmember engagement and generating incremental sales. Boscov’s will leverage Alliance Data’s MyLoyalty App capabilities to support individualized customer engagement and increase value to cardmembers. The MyLoyalty App will be customized for a brand-immersive experience giving customers the ability to apply, earn and connect with Boscov’s.