Robert W. Humphreys Sells 2,000 Shares of Delta Apparel, Inc. (DLA) Stock
Delta Apparel, Inc. (NYSEAMERICAN:DLA) Chairman Robert W. Humphreys sold 2,000 shares of the business’s stock in a transaction on Thursday, April 18th. The shares were sold at an average price of $22.96, for a total transaction of $45,920.00. Following the transaction, the chairman now owns 524,391 shares in the company, valued at approximately $12,040,017.36. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Shares of DLA stock opened at $23.03 on Friday. 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 quarterly earnings results on Monday, February 4th. The textile maker reported $0.14 EPS for the quarter, beating the Zacks’ consensus estimate of $0.08 by $0.06. The business had revenue of $101.68 million for the quarter, compared to the consensus estimate of $100.98 million.
A number of brokerages have commented on DLA. Roth Capital lowered shares of Delta Apparel from a “buy” rating to a “neutral” rating and set a $26.00 price target for the company. in a research note on Wednesday, February 6th. Zacks Investment Research lowered shares of Delta Apparel from a “buy” rating to a “hold” rating in a research note on Monday, February 4th.
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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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