Delta Apparel, Inc. (DLA) Director Buys $21,080.00 in Stock
Delta Apparel, Inc. (NYSEMKT:DLA) Director A Alexander Taylor II purchased 1,000 shares of the stock in a transaction dated Thursday, June 15th. The shares were acquired at an average cost of $21.08 per share, with a total value of $21,080.00. Following the acquisition, the director now directly owns 5,277 shares in the company, valued at approximately $111,239.16. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
A Alexander Taylor II also recently made the following trade(s):
- On Wednesday, June 14th, A Alexander Taylor II purchased 1,000 shares of Delta Apparel stock. The shares were acquired at an average cost of $21.10 per share, with a total value of $21,100.00.
- On Tuesday, June 13th, A Alexander Taylor II purchased 1,000 shares of Delta Apparel stock. The shares were acquired at an average cost of $21.10 per share, with a total value of $21,100.00.
Shares of Delta Apparel, Inc. (NYSEMKT DLA) traded up 3.29% during trading on Friday, reaching $22.32. The company’s stock had a trading volume of 31,335 shares. The stock’s 50-day moving average is $19.24 and its 200-day moving average is $18.85. Delta Apparel, Inc. has a 12-month low of $14.85 and a 12-month high of $25.52. The stock has a market cap of $168.98 million, a P/E ratio of 20.27 and a beta of 0.07.
Delta Apparel (NYSEMKT:DLA) last issued its quarterly earnings results on Monday, May 8th. The textile maker reported $0.47 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.44 by $0.03. Delta Apparel had a return on equity of 11.95% and a net margin of 4.37%. The firm had revenue of $104.14 million during the quarter, compared to analyst estimates of $107.19 million. Equities research analysts anticipate that Delta Apparel, Inc. will post $1.55 earnings per share for the current fiscal year.
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A number of large investors have recently modified their holdings of the company. Bank of America Corp DE raised its stake in shares of Delta Apparel by 20.2% in the first quarter. Bank of America Corp DE now owns 22,407 shares of the textile maker’s stock valued at $395,000 after buying an additional 3,765 shares during the period. Renaissance Technologies LLC purchased a new stake in shares of Delta Apparel during the first quarter valued at about $291,000. Geode Capital Management LLC raised its stake in shares of Delta Apparel by 3.1% in the first quarter. Geode Capital Management LLC now owns 41,810 shares of the textile maker’s stock valued at $737,000 after buying an additional 1,250 shares during the period. Vanguard Group Inc. raised its stake in shares of Delta Apparel by 2.1% in the first quarter. Vanguard Group Inc. now owns 234,000 shares of the textile maker’s stock valued at $4,125,000 after buying an additional 4,738 shares during the period. Finally, California Public Employees Retirement System raised its stake in shares of Delta Apparel by 26.4% in the first quarter. California Public Employees Retirement System now owns 29,700 shares of the textile maker’s stock valued at $524,000 after buying an additional 6,200 shares during the period.
Separately, Roth Capital set a $26.00 target price on Delta Apparel and gave the stock a “buy” rating in a report on Monday, April 3rd.
Delta Apparel Company Profile
Delta Apparel, Inc is an apparel design, marketing, manufacturing and sourcing company. The Company operates through two segments: branded and basics. The branded segment consists of its business units, which are focused on specialized apparel garments and headwear. Its products are marketed under its lifestyle brands of Salt Life, Soffe and COAST, as well as other labels.
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