Escalade, Incorporated (NASDAQ:ESCA) CEO David L. Fetherman sold 9,250 shares of the business’s stock in a transaction that occurred on Wednesday, September 13th. The stock was sold at an average price of $12.11, for a total value of $112,017.50. Following the transaction, the chief executive officer now owns 102,729 shares in the company, valued at approximately $1,244,048.19. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Escalade, Incorporated (NASDAQ ESCA) traded up 1.64% during trading on Friday, reaching $12.40. The company’s stock had a trading volume of 61,110 shares. The firm has a 50 day moving average of $12.14 and a 200 day moving average of $12.57. The stock has a market capitalization of $178.11 million, a price-to-earnings ratio of 15.92 and a beta of 0.10. Escalade, Incorporated has a 52 week low of $11.30 and a 52 week high of $14.70.

Escalade, (NASDAQ:ESCA) last released its quarterly earnings results on Monday, July 31st. The company reported $0.15 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.23 by ($0.08). The business had revenue of $52.39 million for the quarter, compared to the consensus estimate of $45.60 million. Escalade, had a net margin of 6.67% and a return on equity of 10.95%. Analysts expect that Escalade, Incorporated will post $0.75 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 18th. Stockholders of record on Monday, September 11th will be issued a dividend of $0.115 per share. The ex-dividend date of this dividend is Friday, September 8th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 3.71%. Escalade,’s dividend payout ratio (DPR) is presently 58.23%.

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Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Rhumbline Advisers raised its holdings in shares of Escalade, by 4.9% during the second quarter. Rhumbline Advisers now owns 13,875 shares of the company’s stock valued at $182,000 after buying an additional 647 shares during the last quarter. Teachers Advisors LLC increased its stake in shares of Escalade, by 18.2% during the second quarter. Teachers Advisors LLC now owns 16,831 shares of the company’s stock valued at $220,000 after acquiring an additional 2,586 shares during the period. Strs Ohio increased its stake in shares of Escalade, by 5.8% during the second quarter. Strs Ohio now owns 20,000 shares of the company’s stock valued at $262,000 after acquiring an additional 1,100 shares during the period. Bank of New York Mellon Corp increased its stake in shares of Escalade, by 9.0% during the first quarter. Bank of New York Mellon Corp now owns 112,632 shares of the company’s stock valued at $1,453,000 after acquiring an additional 9,312 shares during the period. Finally, Northern Trust Corp increased its stake in shares of Escalade, by 7.2% during the second quarter. Northern Trust Corp now owns 129,228 shares of the company’s stock valued at $1,693,000 after acquiring an additional 8,726 shares during the period. 26.46% of the stock is currently owned by institutional investors.

Several equities analysts have issued reports on the company. Zacks Investment Research cut Escalade, from a “hold” rating to a “sell” rating in a research report on Friday, August 4th. ValuEngine cut Escalade, from a “buy” rating to a “hold” rating in a research report on Friday, August 4th. Finally, TheStreet upgraded Escalade, from a “c+” rating to a “b” rating in a research report on Monday, July 31st.

Escalade, Company Profile

Escalade, Incorporated (Escalade) is a manufacturer and distributor of sporting goods through its subsidiary Escalade Sports. The Company operates in Sporting Goods (Escalade Sports) segment. Escalade Sports manufactures, imports and distributes sporting goods brands in basketball goals, archery, indoor and outdoor game recreation and fitness products through sporting goods retailers, specialty dealers, key online retailers, traditional department stores and mass merchants.

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