The Duckhorn Portfolio, Inc. (NYSE:NAPA) Insider Sells $224,750.00 in Stock

The Duckhorn Portfolio, Inc. (NYSE:NAPA - Get Free Report) insider Sean B.A. Sullivan sold 25,000 shares of the company's stock in a transaction dated Tuesday, April 9th. The shares were sold at an average price of $8.99, for a total value of $224,750.00. Following the completion of the sale, the insider now directly owns 125,326 shares of the company's stock, valued at $1,126,680.74. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Sean B.A. Sullivan also recently made the following trade(s):

• On Tuesday, January 16th, Sean B.A. Sullivan sold 9,700 shares of Duckhorn Portfolio stock. The shares were sold at an average price of $9.13, for a total transaction of $88,561.00.
• On Friday, January 12th, Sean B.A. Sullivan sold 5,300 shares of Duckhorn Portfolio stock. The shares were sold at an average price of $9.50, for a total transaction of $50,350.00.

Duckhorn Portfolio Stock Down 6.1 %

NYSE:NAPA traded down $0.55 during trading hours on Wednesday, reaching $8.47. 1,566,329 shares of the stock were exchanged, compared to its average volume of 1,093,662. The company has a debt-to-equity ratio of 0.28, a current ratio of 6.85 and a quick ratio of 1.13. The Duckhorn Portfolio, Inc. has a twelve month low of $8.34 and a twelve month high of $15.37. The stock has a market cap of $977.52 million, a PE ratio of 14.86, a PEG ratio of 7.86 and a beta of 0.25. The firm has a 50 day moving average of $9.12 and a 200 day moving average of $9.67.

Duckhorn Portfolio (NYSE:NAPA - Get Free Report) last issued its quarterly earnings results on Thursday, March 7th. The company reported $0.17 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.17. Duckhorn Portfolio had a net margin of 16.62% and a return on equity of 7.27%. The firm had revenue of $103.05 million for the quarter, compared to analyst estimates of $106.38 million. During the same period in the previous year, the business earned $0.17 EPS. On average, equities analysts expect that The Duckhorn Portfolio, Inc. will post 0.59 earnings per share for the current year.

Wall Street Analysts Forecast Growth

NAPA has been the subject of a number of research analyst reports. TheStreet raised Duckhorn Portfolio from a "d" rating to a "c" rating in a research note on Monday, March 18th. Bank of America downgraded shares of Duckhorn Portfolio from a "neutral" rating to an "underperform" rating and dropped their target price for the stock from $11.00 to $8.00 in a report on Tuesday, February 13th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $13.56.

Institutional Trading of Duckhorn Portfolio

Several institutional investors and hedge funds have recently bought and sold shares of NAPA. Raymond James & Associates lifted its stake in Duckhorn Portfolio by 2.5% in the first quarter. Raymond James & Associates now owns 25,384 shares of the company's stock valued at $462,000 after acquiring an additional 626 shares during the last quarter. MetLife Investment Management LLC raised its holdings in shares of Duckhorn Portfolio by 4.7% in the 2nd quarter. MetLife Investment Management LLC now owns 22,283 shares of the company's stock valued at $289,000 after purchasing an additional 1,008 shares during the period. AdvisorShares Investments LLC lifted its stake in Duckhorn Portfolio by 10.5% in the 3rd quarter. AdvisorShares Investments LLC now owns 11,998 shares of the company's stock valued at $123,000 after purchasing an additional 1,137 shares during the last quarter. Nuveen Asset Management LLC grew its holdings in Duckhorn Portfolio by 1.1% during the fourth quarter. Nuveen Asset Management LLC now owns 104,557 shares of the company's stock worth $1,030,000 after purchasing an additional 1,164 shares during the period. Finally, Swiss National Bank grew its holdings in Duckhorn Portfolio by 1.1% during the third quarter. Swiss National Bank now owns 114,000 shares of the company's stock worth $1,170,000 after purchasing an additional 1,200 shares during the period.

Duckhorn Portfolio Company Profile

The Duckhorn Portfolio, Inc produces and sells wines in North America. The company offers wines under a portfolio of brands, including Duckhorn Vineyards, Decoy, Goldeneye, Paraduxx, Migration, Canvasback, Calera, Kosta Browne, Greenwing, and Postmark. It sells wines to distributors, and directly to retail accounts and consumers.

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