Delta Apparel, Inc. (NYSEAMERICAN:DLA) Chairman Robert W. Humphreys sold 2,000 shares of Delta Apparel stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $23.49, for a total value of $46,980.00. Following the sale, the chairman now directly owns 538,910 shares of the company’s stock, valued at $12,658,995.90. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
NYSEAMERICAN:DLA traded up $0.89 during mid-day trading on Friday, hitting $24.39. 37,159 shares of the stock were exchanged, compared to its average volume of 22,176. Delta Apparel, Inc. has a fifty-two week low of $16.11 and a fifty-two week high of $24.99.
Delta Apparel (NYSEAMERICAN:DLA) last released its quarterly earnings results on Monday, February 4th. The textile maker reported $0.14 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.06. The firm had revenue of $101.68 million for the quarter, compared to analyst estimates of $100.98 million.
A number of large investors have recently added to or reduced their stakes in DLA. Oppenheimer Asset Management Inc. acquired a new position in Delta Apparel in the 4th quarter valued at $25,000. O Shaughnessy Asset Management LLC raised its holdings in Delta Apparel by 38.3% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 5,825 shares of the textile maker’s stock valued at $100,000 after acquiring an additional 1,612 shares in the last quarter. Algert Global LLC raised its holdings in Delta Apparel by 34.4% in the 3rd quarter. Algert Global LLC now owns 14,494 shares of the textile maker’s stock valued at $258,000 after acquiring an additional 3,706 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Delta Apparel in the 3rd quarter valued at $261,000. Finally, Bank of America Corp DE raised its holdings in Delta Apparel by 6.1% in the 4th quarter. Bank of America Corp DE now owns 16,537 shares of the textile maker’s stock valued at $285,000 after acquiring an additional 951 shares in the last quarter.
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About Delta Apparel
Delta Apparel, Inc, through its subsidiaries, designs, manufactures, sources, and markets a portfolio of lifestyle active wear apparel and related accessory products in the United States and internationally. The company operates through two segments, Delta Group and Salt Life Group. It markets, distributes, manufactures, and sells unembellished knit apparel under the Soffe, Delta Platinum, Delta Pro Weight, and Delta Magnum Weight brands to various large licensed screen printers and small independent businesses.
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