Duluth Holdings Inc. (NASDAQ:DLTH) Director William E. Ferry sold 28,400 shares of the company’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $19.67, for a total value of $558,628.00. Following the completion of the sale, the director now owns 2,032 shares of the company’s stock, valued at $39,969.44. The transaction was disclosed in a filing with the SEC, which is available through this link.

Duluth Holdings (NASDAQ:DLTH) last issued its quarterly earnings data on Tuesday, September 5th. The company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.03. The business had revenue of $86.20 million during the quarter, compared to the consensus estimate of $82.51 million. Duluth Holdings had a net margin of 4.64% and a return on equity of 17.05%. The company’s revenue was up 31.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.11 earnings per share.

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Several research firms have recently commented on DLTH. Zacks Investment Research lowered Duluth Holdings from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. BMO Capital Markets set a $30.00 price objective on Duluth Holdings and gave the stock a “buy” rating in a research note on Tuesday, August 8th. BidaskClub upgraded Duluth Holdings from a “sell” rating to a “hold” rating in a research note on Saturday, August 19th. Robert W. Baird restated a “buy” rating on shares of Duluth Holdings in a research note on Friday, September 8th. Finally, DA Davidson restated a “buy” rating and issued a $25.00 price objective on shares of Duluth Holdings in a research note on Wednesday, September 6th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $26.38.

Several institutional investors have recently modified their holdings of the business. Schwab Charles Investment Management Inc. raised its position in shares of Duluth Holdings by 0.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 32,942 shares of the company’s stock worth $600,000 after acquiring an additional 171 shares during the period. American International Group Inc. raised its position in shares of Duluth Holdings by 7.0% in the first quarter. American International Group Inc. now owns 5,904 shares of the company’s stock worth $126,000 after acquiring an additional 388 shares during the period. Rhumbline Advisers raised its position in shares of Duluth Holdings by 9.2% in the second quarter. Rhumbline Advisers now owns 10,553 shares of the company’s stock worth $192,000 after acquiring an additional 885 shares during the period. Gradient Investments LLC raised its position in shares of Duluth Holdings by 7.7% in the second quarter. Gradient Investments LLC now owns 16,330 shares of the company’s stock worth $297,000 after acquiring an additional 1,170 shares during the period. Finally, TIAA CREF Investment Management LLC raised its position in shares of Duluth Holdings by 5.7% in the second quarter. TIAA CREF Investment Management LLC now owns 26,115 shares of the company’s stock worth $476,000 after acquiring an additional 1,397 shares during the period. Institutional investors and hedge funds own 33.50% of the company’s stock.

Duluth Holdings Company Profile

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.

Insider Buying and Selling by Quarter for Duluth Holdings (NASDAQ:DLTH)

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