Duluth Holdings Inc (NASDAQ:DLTH) SVP Neala Shepherd Sells 10,000 Shares

Duluth Holdings Inc (NASDAQ:DLTH) SVP Neala Shepherd sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, April 10th. The shares were sold at an average price of $4.70, for a total value of $47,000.00. Following the completion of the transaction, the senior vice president now owns 122,587 shares of the company’s stock, valued at approximately $576,158.90. The sale was disclosed in a document filed with the SEC, which is available through this link.

Duluth Stock Performance

DLTH stock traded down $0.10 during midday trading on Friday, reaching $4.44. 40,821 shares of the company were exchanged, compared to its average volume of 65,582. The firm has a market capitalization of $137.86 million, a price-to-earnings ratio of -15.66 and a beta of 1.25. The business has a 50-day moving average price of $4.78 and a two-hundred day moving average price of $5.08. Duluth Holdings Inc has a one year low of $4.20 and a one year high of $7.88. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.77 and a quick ratio of 0.54.

Duluth (NASDAQ:DLTH) last announced its quarterly earnings data on Thursday, March 7th. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.06). The firm had revenue of $245.61 million for the quarter, compared to analyst estimates of $241.80 million. Duluth had a negative return on equity of 4.24% and a negative net margin of 1.45%. During the same quarter in the previous year, the company earned $0.23 earnings per share. Equities research analysts forecast that Duluth Holdings Inc will post -0.07 EPS for the current year.

Institutional Trading of Duluth

Several large investors have recently bought and sold shares of the business. Royal Bank of Canada increased its position in Duluth by 8.7% during the 3rd quarter. Royal Bank of Canada now owns 15,215 shares of the company’s stock worth $107,000 after purchasing an additional 1,222 shares in the last quarter. State Street Corp lifted its stake in Duluth by 0.7% in the second quarter. State Street Corp now owns 253,414 shares of the company’s stock valued at $2,418,000 after buying an additional 1,640 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of Duluth by 1.2% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 152,832 shares of the company’s stock valued at $1,870,000 after buying an additional 1,764 shares during the period. Ironwood Investment Management LLC lifted its stake in shares of Duluth by 5.7% in the first quarter. Ironwood Investment Management LLC now owns 42,320 shares of the company’s stock valued at $270,000 after buying an additional 2,292 shares in the last quarter. Finally, AQR Capital Management LLC grew its holdings in shares of Duluth by 1.7% during the second quarter. AQR Capital Management LLC now owns 145,465 shares of the company’s stock valued at $1,388,000 after buying an additional 2,491 shares during the last quarter. 24.39% of the stock is owned by institutional investors and hedge funds.

About Duluth

Duluth Holdings Inc sells casual wear, workwear, and accessories for men and women under the Duluth Trading brand in the United States. It provides shirts, pants, underwear, tanks, outerwear, footwear, accessories, and hard goods. The company offers its products under various trademarks, trade names, and service marks, including Alaskan Hardgear, Armachillo, Ballroom, Bucket Master, Cab Commander, Crouch Gusset, Dry on the Fly, Duluth Trading Co, Duluthflex, Fire Hose, Longtail T, No-Yank, No Polo Shirt, Wild Boar Mocs, and Buck Naked.