Delta Apparel, Inc. (NYSEAMERICAN:DLA) Chairman Robert W. Humphreys sold 1,942 shares of the firm’s stock in a transaction on Wednesday, April 24th. The shares were sold at an average price of $22.82, for a total value of $44,316.44. Following the sale, the chairman now directly owns 523,169 shares of the company’s stock, valued at approximately $11,938,716.58. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
DLA stock traded up $0.87 during trading hours on Wednesday, hitting $23.46. 13,344 shares of the stock were exchanged, compared to its average volume of 19,786. Delta Apparel, Inc. has a 12 month low of $16.11 and a 12 month high of $24.99.
Delta Apparel (NYSEAMERICAN:DLA) last posted its quarterly earnings data on Monday, February 4th. The textile maker reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.06. The firm had revenue of $101.68 million for the quarter, compared to the consensus estimate of $100.98 million.
Several research firms have weighed in on DLA. Zacks Investment Research cut Delta Apparel from a “buy” rating to a “hold” rating in a research report on Monday, February 4th. Roth Capital cut 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.
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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