Delta Apparel, Inc. (DLA) Chairman Sells $44,316.44 in Stock

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 hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE increased its position in shares of Delta Apparel by 6.1% in the fourth quarter. Bank of America Corp DE now owns 16,537 shares of the textile maker’s stock worth $285,000 after purchasing an additional 951 shares during the period. Vanguard Group Inc increased its position in shares of Delta Apparel by 0.5% in the third 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. Oppenheimer Asset Management Inc. bought a new position in shares of Delta Apparel in the fourth quarter worth $25,000. O Shaughnessy Asset Management LLC increased its position in shares of Delta Apparel by 38.3% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 5,825 shares of the textile maker’s stock worth $100,000 after purchasing an additional 1,612 shares during the period. Finally, Hodges Capital Management Inc. bought a new position in shares of Delta Apparel in the first quarter worth $267,000.

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.

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

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