Destination XL Group Inc (NASDAQ:DXLG) Director Seymour Holtzman bought 25,906 shares of Destination XL Group stock in a transaction on Friday, June 7th. The stock was acquired at an average cost of $1.60 per share, for a total transaction of $41,449.60. Following the acquisition, the director now owns 4,231,970 shares in the company, valued at approximately $6,771,152. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Seymour Holtzman also recently made the following trade(s):
- On Wednesday, June 12th, Seymour Holtzman bought 61,500 shares of Destination XL Group stock. The stock was acquired at an average cost of $1.61 per share, for a total transaction of $99,015.00.
Shares of DXLG stock traded down $0.15 during trading hours on Friday, reaching $1.71. The company’s stock had a trading volume of 4,226 shares, compared to its average volume of 89,891. Destination XL Group Inc has a fifty-two week low of $1.52 and a fifty-two week high of $3.52. The company has a quick ratio of 0.15, a current ratio of 0.90 and a debt-to-equity ratio of 3.61.
Destination XL Group (NASDAQ:DXLG) last issued its earnings results on Friday, May 24th. The specialty retailer reported ($0.04) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.02) by ($0.02). The business had revenue of $112.97 million during the quarter. Destination XL Group had a negative net margin of 2.85% and a negative return on equity of 4.88%.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in DXLG. Acadian Asset Management LLC boosted its holdings in shares of Destination XL Group by 1,976.1% during the 4th quarter. Acadian Asset Management LLC now owns 33,342 shares of the specialty retailer’s stock valued at $72,000 after acquiring an additional 31,736 shares in the last quarter. Signia Capital Management LLC acquired a new stake in shares of Destination XL Group during the 4th quarter valued at $1,745,000. O Shaughnessy Asset Management LLC acquired a new stake in shares of Destination XL Group during the 4th quarter valued at $140,000. Dimensional Fund Advisors LP boosted its holdings in shares of Destination XL Group by 0.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,600,863 shares of the specialty retailer’s stock valued at $3,474,000 after acquiring an additional 13,100 shares in the last quarter. Finally, Cannell Capital LLC boosted its holdings in shares of Destination XL Group by 5.1% during the 4th quarter. Cannell Capital LLC now owns 5,170,722 shares of the specialty retailer’s stock valued at $11,220,000 after acquiring an additional 250,645 shares in the last quarter. 64.89% of the stock is currently owned by institutional investors.
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Destination XL Group Company Profile
Destination XL Group, Inc, together with its subsidiaries, operates as a specialty retailer of big and tall men's apparel. Its stores offer sportswear and dress wear; shoes; accessories, such as belts, ties, and socks; fashion-neutral items, including jeans, casual slacks, T-shirts, polo shirts, dress shirts, and suit separates; and casual clothing.
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