Delta Apparel, Inc. (NYSEAMERICAN:DLA) Chairman Robert W. Humphreys sold 2,000 shares of the firm’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $23.49, for a total transaction of $46,980.00. Following the completion of the sale, the chairman now directly owns 538,910 shares of the company’s stock, valued at approximately $12,658,995.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of NYSEAMERICAN:DLA traded up $0.89 during trading on Friday, reaching $24.39. 37,159 shares of the company were exchanged, compared to its average volume of 22,176. Delta Apparel, Inc. has a 12-month low of $16.11 and a 12-month high of $24.99.
Delta Apparel (NYSEAMERICAN:DLA) last issued 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 for the quarter, compared to analysts’ expectations of $100.98 million.
Several large investors have recently modified their holdings of the company. Putnam Investments LLC purchased a new position in Delta Apparel during the third quarter valued at approximately $1,600,000. LSV Asset Management purchased a new position in Delta Apparel during the third quarter valued at approximately $722,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Delta Apparel during the third quarter valued at approximately $261,000. Algert Global LLC increased its holdings in Delta Apparel by 34.4% during the third quarter. Algert Global LLC now owns 14,494 shares of the textile maker’s stock valued at $258,000 after buying an additional 3,706 shares during the period. Finally, O Shaughnessy Asset Management LLC increased its holdings in Delta Apparel by 38.3% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 5,825 shares of the textile maker’s stock valued at $100,000 after buying an additional 1,612 shares during the period.
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About Delta Apparel
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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