Delta Apparel, Inc. (NYSEAMERICAN:DLA) Chairman Robert W. Humphreys sold 3,000 shares of Delta Apparel stock in a transaction dated Friday, January 25th. The stock was sold at an average price of $21.05, for a total value of $63,150.00. Following the completion of the transaction, the chairman now owns 556,883 shares of the company’s stock, valued at $11,722,387.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Delta Apparel stock traded up $0.24 during mid-day trading on Monday, hitting $24.59. The company’s stock had a trading volume of 34,438 shares, compared to its average volume of 22,825. Delta Apparel, Inc. has a twelve month low of $16.11 and a twelve month high of $24.59.
Delta Apparel (NYSEAMERICAN:DLA) last posted its quarterly earnings results on Monday, February 4th. The textile maker reported $0.14 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.06. The business had revenue of $101.68 million during the quarter, compared to analyst estimates of $100.98 million.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc grew its position in Delta Apparel by 0.5% during the 3rd quarter. Vanguard Group Inc now owns 234,210 shares of the textile maker’s stock worth $4,167,000 after purchasing an additional 1,200 shares in the last quarter. Oppenheimer Asset Management Inc. purchased a new position in shares of Delta Apparel during the 4th quarter valued at $25,000. Algert Global LLC grew its holdings in shares of Delta Apparel by 34.4% during the 3rd quarter. Algert Global LLC now owns 14,494 shares of the textile maker’s stock valued at $258,000 after acquiring an additional 3,706 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Delta Apparel during the 3rd quarter valued at $261,000. Finally, LSV Asset Management grew its holdings in shares of Delta Apparel by 58.0% during the 4th quarter. LSV Asset Management now owns 64,119 shares of the textile maker’s stock valued at $1,104,000 after acquiring an additional 23,530 shares in the last quarter.
Several equities research analysts recently commented on DLA shares. Zacks Investment Research cut Delta Apparel from a “buy” rating to a “hold” rating in a report on Tuesday, January 29th. Roth Capital cut Delta Apparel from a “buy” rating to a “neutral” rating and set a $26.00 target price on the stock. in a report on Wednesday, February 6th.
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Delta Apparel Company Profile
Delta Apparel, Inc, through its subsidiaries, designs, manufactures, sources, and markets a portfolio of lifestyle active wear apparel and related accessory products in the United States and internationally. The company operates through two segments, Delta Group and Salt Life Group. It markets, distributes, manufactures, and sells unembellished knit apparel under the Soffe, Delta Platinum, Delta Pro Weight, and Delta Magnum Weight brands to various large licensed screen printers and small independent businesses.
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