Delta Apparel, Inc. (DLA) Chairman Sells $13,864.54 in Stock

Delta Apparel, Inc. (NYSEAMERICAN:DLA) Chairman Robert W. Humphreys sold 562 shares of the stock in a transaction dated Friday, February 15th. The stock was sold at an average price of $24.67, for a total value of $13,864.54. Following the sale, the chairman now owns 544,964 shares of the company’s stock, valued at approximately $13,444,261.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

NYSEAMERICAN DLA traded down $0.21 during trading on Friday, hitting $24.34. 46,800 shares of the stock traded hands, compared to its average volume of 24,309. Delta Apparel, Inc. has a 12-month low of $16.11 and a 12-month high of $24.99.

Delta Apparel (NYSEAMERICAN:DLA) last announced its earnings results on Monday, February 4th. The textile maker reported $0.14 EPS for the quarter, topping the Zacks’ consensus estimate of $0.08 by $0.06. The company had revenue of $101.68 million during the quarter, compared to analysts’ expectations of $100.98 million.

Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc boosted its holdings in shares of Delta Apparel by 0.5% in 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 during the period. Millennium Management LLC purchased a new position in shares of Delta Apparel in the 2nd quarter worth approximately $1,990,000. Putnam Investments LLC purchased a new position in shares of Delta Apparel in the 3rd quarter worth approximately $1,600,000. LSV Asset Management lifted its stake 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 worth $1,104,000 after acquiring an additional 23,530 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its stake in shares of Delta Apparel by 154.7% during the 2nd quarter. Renaissance Technologies LLC now owns 46,100 shares of the textile maker’s stock worth $892,000 after acquiring an additional 28,000 shares during the last quarter.

Several equities analysts have weighed in on the company. Zacks Investment Research upgraded Delta Apparel from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a report on Tuesday, January 15th. Roth Capital cut Delta Apparel from a “buy” rating to a “neutral” rating and set a $26.00 price target for the company. in a report on Wednesday, February 6th.

TRADEMARK VIOLATION NOTICE: This piece of content was first reported by WKRB News and is the property of of WKRB News. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of US and international copyright & trademark law. The original version of this piece of content can be read at https://www.wkrb13.com/2019/02/15/delta-apparel-inc-dla-chairman-sells-13864-54-in-stock.html.

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.

Further Reading: What are no-load funds?

Insider Buying and Selling by Quarter for Delta Apparel (NYSEAMERICAN:DLA)

Receive News & Ratings for Delta Apparel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delta Apparel and related companies with MarketBeat.com's FREE daily email newsletter.