Orange County Business Journal

PacSun Shares Surge After Executive Stock Purchase

Kari Hamanaka Monday, July 9, 2012

Shares of Anaheim-based Pacific Sunwear of California Inc. were up nearly 8% during Monday midday trading.

The bump came after Christine Lee Gartner, Pacific Sunwear women’s senior vice president and general merchandise manager, purchased 27,400 of the company’s shares priced between $1.80 and $1.82 on Friday, according to a Securities & Exchange Commission filing.

The action sports retailer had a recent market value of about $130 million.