Delta Apparel, Inc. (NYSEAMERICAN:DLA) Insider Jeffery Neil Stillwell Acquires 3,000 Shares

Delta Apparel, Inc. (NYSEAMERICAN:DLA – Get Rating) insider Jeffery Neil Stillwell purchased 3,000 shares of the stock in a transaction on Thursday, May 18th. The shares were acquired at an average cost of $9.90 per share, with a total value of $29,700.00. Following the transaction, the insider now directly owns 56,157 shares in the company, valued at $555,954.30. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.

Delta Apparel Stock Down 2.8 %

DLA stock opened at $9.06 on Tuesday. Delta Apparel, Inc. has a fifty-two week low of $9.06 and a fifty-two week high of $30.97. The business’s 50 day moving average price is $11.99 and its two-hundred day moving average price is $12.97. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.52 and a current ratio of 2.54. The company has a market capitalization of $63.42 million, a price-to-earnings ratio of -13.52 and a beta of 1.42.

Institutional Trading of Delta Apparel

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP grew its stake in shares of Delta Apparel by 1.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 549,128 shares of the textile maker’s stock worth $16,359,000 after buying an additional 8,900 shares during the last quarter. Wells Fargo & Company MN boosted its stake in Delta Apparel by 12,058.2% during the 4th quarter. Wells Fargo & Company MN now owns 252,039 shares of the textile maker’s stock valued at $2,674,000 after purchasing an additional 249,966 shares during the last quarter. Franklin Resources Inc. boosted its stake in Delta Apparel by 190.1% during the 1st quarter. Franklin Resources Inc. now owns 210,718 shares of the textile maker’s stock valued at $2,318,000 after purchasing an additional 138,082 shares during the last quarter. Aegis Financial Corp boosted its stake in Delta Apparel by 128.9% during the 1st quarter. Aegis Financial Corp now owns 187,020 shares of the textile maker’s stock valued at $2,057,000 after purchasing an additional 105,299 shares during the last quarter. Finally, Boothbay Fund Management LLC boosted its stake in Delta Apparel by 43.9% during the 4th quarter. Boothbay Fund Management LLC now owns 131,201 shares of the textile maker’s stock valued at $1,392,000 after purchasing an additional 40,012 shares during the last quarter. Hedge funds and other institutional investors own 57.14% of the company’s stock.

Analyst Upgrades and Downgrades

DLA has been the subject of a number of recent analyst reports. StockNews.com lowered Delta Apparel from a “hold” rating to a “sell” rating in a research report on Monday, May 8th. TheStreet downgraded Delta Apparel from a “c-” rating to a “d+” rating in a report on Monday, May 15th.

About Delta Apparel

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Delta Apparel, Inc engages in the design, merchandise, and marketing of lifestyle branded active wear apparel and headwear. It operates through the Delta Group and Salt Life Group segments. The Delta Group segment consists of the business units DTG2Go, Delta Activewear, and Soffe, which are primarily focused on core activewear styles.