Duluth Holdings Inc. (NASDAQ:DLTH - Get Free Report) CFO Heena Agrawal bought 13,000 shares of the company's stock in a transaction on Monday, June 16th. The shares were purchased at an average cost of $1.90 per share, for a total transaction of $24,700.00. Following the transaction, the chief financial officer now owns 238,093 shares in the company, valued at approximately $452,376.70. This represents a 5.78% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Heena Agrawal also recently made the following trade(s):
- On Friday, April 11th, Heena Agrawal bought 9,000 shares of Duluth stock. The stock was acquired at an average cost of $1.84 per share, with a total value of $16,560.00.
Duluth Stock Performance
Duluth stock traded up $0.13 during trading on Wednesday, hitting $1.98. The stock had a trading volume of 62,068 shares, compared to its average volume of 82,865. The stock's 50 day moving average is $1.87 and its two-hundred day moving average is $2.46. Duluth Holdings Inc. has a 1 year low of $1.58 and a 1 year high of $4.50. The stock has a market cap of $74.41 million, a price-to-earnings ratio of -1.25 and a beta of 1.30. The company has a quick ratio of 0.22, a current ratio of 1.35 and a debt-to-equity ratio of 0.33.
Duluth (NASDAQ:DLTH - Get Free Report) last posted its earnings results on Thursday, June 5th. The company reported ($0.32) earnings per share for the quarter, missing the consensus estimate of ($0.30) by ($0.02). Duluth had a negative return on equity of 14.31% and a negative net margin of 8.68%. The business had revenue of $102.70 million during the quarter, compared to analysts' expectations of $105.54 million. As a group, analysts predict that Duluth Holdings Inc. will post -0.56 EPS for the current year.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. Empowered Funds LLC boosted its stake in Duluth by 9.3% during the first quarter. Empowered Funds LLC now owns 101,447 shares of the company's stock valued at $177,000 after buying an additional 8,597 shares during the period. Goldman Sachs Group Inc. increased its stake in Duluth by 50.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 87,615 shares of the company's stock worth $152,000 after acquiring an additional 29,521 shares during the last quarter. Taylor & Morgan Wealth Management LLC raised its holdings in shares of Duluth by 47.0% in the 1st quarter. Taylor & Morgan Wealth Management LLC now owns 39,687 shares of the company's stock valued at $69,000 after acquiring an additional 12,687 shares in the last quarter. Bridgeway Capital Management LLC boosted its position in shares of Duluth by 1.6% during the 4th quarter. Bridgeway Capital Management LLC now owns 279,437 shares of the company's stock valued at $863,000 after acquiring an additional 4,459 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in shares of Duluth by 14.2% during the fourth quarter. Northern Trust Corp now owns 62,462 shares of the company's stock worth $193,000 after purchasing an additional 7,769 shares in the last quarter. 24.39% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of analysts recently commented on DLTH shares. Robert W. Baird dropped their price target on Duluth from $3.50 to $2.75 and set a "neutral" rating on the stock in a report on Friday, March 14th. Wall Street Zen began coverage on Duluth in a research report on Tuesday, May 20th. They set a "hold" rating for the company.
Check Out Our Latest Stock Report on Duluth
About Duluth
(
Get Free Report)
Duluth Holdings Inc sells casual wear, workwear, and accessories for men and women under the Duluth Trading brand in the United States. It provides shirts, pants, underwear, tanks, outerwear, footwear, accessories, and hard goods. The company offers its products under various trademarks, trade names, and service marks, including Alaskan Hardgear, Armachillo, Ballroom, Bucket Master, Cab Commander, Crouch Gusset, Dry on the Fly, Duluth Trading Co, Duluthflex, Fire Hose, Longtail T, No-Yank, No Polo Shirt, Wild Boar Mocs, and Buck Naked.
Further Reading
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