{
  "id": 18648042,
  "title": "Levi Strauss evp and cdto Jason Gowans sells $83,367 in stock",
  "url": "https://urgent.news/2026/11/07/levi-strauss-evp-and-cdto-jason-gowans-sells-83-367-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-07T05:34:38.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/levi-strauss-evp-and-cdto-jason-gowans-sells-83367-in-stock-93CH-5009677"
  },
  "original_language": "en",
  "account": "Jason Gowans, Executive Vice President and Chief Digital and Technology Officer at Levi Strauss & Co (LEVI), sold a total of 3,494 shares of the company's Class A Common Stock on November 4, 2026. The total value of these shares amounted to $83,367, with each share being sold at a weighted average price of $23.8601. The sales took place in multiple transactions, with prices fluctuating between $23.86 and $23.865 per share. After these transactions, Mr. Gowans directly holds 88,705 shares of LEVI's Class A Common Stock. Meanwhile, Levi Strauss & Co reported a 4% increase in third-quarter revenue on a reported basis, as well as a 5% rise in constant currency. However, this quarter marked the company's first revenue miss in almost two years, according to Wells Fargo, due to weaker direct-to-consumer sales in the United States and Europe. Despite this, Levi Strauss's earnings per share for the quarter came in at $0.48, exceeding the estimated $0.35 and the consensus estimate of $0.36. This positive result was mainly driven by a $0.16 benefit from tariff refunds. Analysts have varying opinions on Levi Strauss's recent performance and future prospects, with some raising their price targets and maintaining positive ratings, while others lowered their targets and reduced ratings due to challenges in the direct-to-consumer segment and revenue concerns.",
  "summary": null,
  "key_points": [
    "Jason Gowans sold 3,494 shares of Levi Strauss stock for $83,367",
    "Share price ranged from $23.86 to $23.865 per share",
    "Levi Strauss reported 4% Q3 revenue increase, first miss in 2 years"
  ],
  "editors_take": "The executive's divestment occurs as the company navigates its first revenue miss in two years despite exceeding earnings expectations through tariff-related benefits.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}