Chief Commercial Officer Ashlee Wheeler filed a Form 4 with the Securities and Exchange Commission disclosing the sale of 30,013 shares of Torrid Holdings Inc common stock on April 13, 2026. The transaction generated approximately $59,275 in proceeds.
The shares were transacted at prices between $1.915 and $2.035. After the disposition, Wheeler retains direct ownership of 205,856 Torrid shares.
At the time of the filing the company's stock was trading at $2.06. That price point reflects a 113% increase year-to-date, even as the share price remains down 60% over the trailing 12 months.
Recent financials
Torrid reported fourth-quarter fiscal 2025 results that topped expectations on key metrics. The company recorded earnings per share of negative $0.08, ahead of the forecasted negative $0.13. Quarterly revenue reached $236.2 million versus an anticipated $230.89 million.
The company attributed the outperformance to stronger sales and disciplined control of selling, general, and administrative expenses, although those gains were partially offset by pressure on gross margins. On a percentage basis, Torrid delivered a 38.46% positive surprise in EPS relative to analyst expectations.
Analyst reaction and valuation notes
Following the quarterly release, BofA Securities raised its price target for Torrid from $2.00 to $2.25 and maintained a Buy rating. The firm cited an improved sales outlook as an important factor behind the revised target.
Separately, InvestingPro's analysis described the company as appearing slightly undervalued at current market levels. That platform also highlighted the company's active share repurchase program, noting management has been aggressively buying back stock. The buyback activity was listed as one of 16 ProTips available to subscribers seeking further insight into the $203 million market-cap retailer.
The Form 4 filing, the recent quarterly beats, the analyst revision, and the InvestingPro valuation note together provide a factual snapshot of Torrid's current position - a company registering short-term operating improvement amid continued share-price volatility over the last year.