Duluth Holdings Inc. (NASDAQ:DLTH) Director E David Coolidge III acquired 15,000 shares of the business’s stock in a transaction dated Thursday, June 15th. The stock was acquired at an average cost of $17.25 per share, for a total transaction of $258,750.00. Following the transaction, the director now owns 5,365 shares of the company’s stock, valued at $92,546.25. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Duluth Holdings Inc. (DLTH) traded up 0.64% during mid-day trading on Friday, reaching $17.21. 397,878 shares of the company’s stock traded hands. The stock has a market cap of $558.53 million, a P/E ratio of 30.19 and a beta of 0.12. The company has a 50 day moving average price of $19.94 and a 200-day moving average price of $22.65. Duluth Holdings Inc. has a 12 month low of $16.01 and a 12 month high of $38.19.
Duluth Holdings (NASDAQ:DLTH) last issued its quarterly earnings data on Tuesday, June 6th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.05 by $0.04. Duluth Holdings had a net margin of 4.71% and a return on equity of 17.31%. The company had revenue of $83.70 million for the quarter, compared to the consensus estimate of $82.94 million. During the same quarter last year, the business posted $0.10 earnings per share. Duluth Holdings’s revenue was up 22.0% on a year-over-year basis. On average, analysts anticipate that Duluth Holdings Inc. will post $0.69 EPS for the current year.
ILLEGAL ACTIVITY NOTICE: “Duluth Holdings Inc. (DLTH) Director E David Coolidge III Purchases 15,000 Shares” was published by sleekmoney and is owned by of sleekmoney. If you are reading this story on another domain, it was copied illegally and republished in violation of United States & international trademark & copyright legislation. The legal version of this story can be accessed at https://sleekmoney.com/duluth-holdings-inc-dlth-director-e-david-coolidge-iii-purchases-15000-shares/1916720.html.
A number of institutional investors have recently modified their holdings of DLTH. Russell Investments Group Ltd. bought a new position in shares of Duluth Holdings during the fourth quarter valued at $2,467,000. State Street Corp boosted its position in shares of Duluth Holdings by 8.4% in the fourth quarter. State Street Corp now owns 151,618 shares of the company’s stock valued at $3,855,000 after buying an additional 11,689 shares during the period. Dimensional Fund Advisors LP bought a new position in shares of Duluth Holdings during the fourth quarter valued at $365,000. Cortina Asset Management LLC boosted its position in shares of Duluth Holdings by 2.2% in the fourth quarter. Cortina Asset Management LLC now owns 261,616 shares of the company’s stock valued at $6,645,000 after buying an additional 5,562 shares during the period. Finally, Nicholas Co. Inc. WI boosted its position in shares of Duluth Holdings by 0.4% in the fourth quarter. Nicholas Co. Inc. WI now owns 112,400 shares of the company’s stock valued at $2,854,000 after buying an additional 490 shares during the period. Institutional investors and hedge funds own 31.52% of the company’s stock.
A number of brokerages have recently commented on DLTH. Robert W. Baird cut their price objective on shares of Duluth Holdings from $30.00 to $25.00 and set an “outperform” rating on the stock in a research report on Friday, June 9th. BMO Capital Markets set a $30.00 price objective on shares of Duluth Holdings and gave the stock a “buy” rating in a research report on Tuesday, June 6th. Stifel Nicolaus cut their price objective on shares of Duluth Holdings from $21.00 to $20.00 and set a “hold” rating on the stock in a research report on Wednesday, June 7th. Wunderlich reissued a “buy” rating and issued a $36.00 price objective on shares of Duluth Holdings in a research report on Friday, June 9th. Finally, Zacks Investment Research raised shares of Duluth Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, February 28th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. Duluth Holdings currently has an average rating of “Hold” and a consensus price target of $30.01.
About Duluth Holdings
Duluth Holdings Inc is a lifestyle brand of men’s and women’s casual wear, workwear and accessories. The Company offers a line of functional products, such as its Longtail T shirts, Buck Naked underwear and Fire Hose work pants. The Company’s segments include direct and retail. The direct segment includes revenues from the Company’s Website and catalogs.
This story was originally published by sleekmoney (https://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://sleekmoney.com/duluth-holdings-inc-dlth-director-e-david-coolidge-iii-purchases-15000-shares/1916720.html
Receive News & Ratings for Duluth Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duluth Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.