Delta Apparel, Inc. (NYSEAMERICAN:DLA) Chairman Robert W. Humphreys sold 2,804 shares of the firm’s stock in a transaction on Thursday, March 28th. The stock was sold at an average price of $22.75, for a total value of $63,791.00. Following the sale, the chairman now owns 535,942 shares in the company, valued at approximately $12,192,680.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
DLA stock traded up $0.33 during midday trading on Friday, reaching $23.03. The company had a trading volume of 7,958 shares, compared to its average volume of 19,961. Delta Apparel, Inc. has a fifty-two week low of $16.11 and a fifty-two week 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, beating the Zacks’ consensus estimate of $0.08 by $0.06. The company had revenue of $101.68 million during the quarter, compared to analyst estimates of $100.98 million.
DLA has been the topic of several research reports. Zacks Investment Research lowered Delta Apparel from a “buy” rating to a “hold” rating in a research report on Monday, February 4th. Roth Capital lowered Delta Apparel from a “buy” rating to a “neutral” rating and set a $26.00 price objective on the stock. in a research report on Wednesday, February 6th.
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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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