Neala Shepherd Sells 10,000 Shares of Duluth Holdings Inc (NASDAQ:DLTH) Stock

Duluth Holdings Inc (NASDAQ:DLTH) SVP Neala Shepherd sold 10,000 shares of Duluth stock in a transaction on Wednesday, April 10th. The shares were sold at an average price of $4.70, for a total transaction of $47,000.00. Following the completion of the transaction, the senior vice president now owns 122,587 shares in the company, valued at $576,158.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Duluth Trading Down 2.2 %

NASDAQ DLTH opened at $4.44 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.54 and a current ratio of 1.77. The firm has a market cap of $137.86 million, a PE ratio of -15.31 and a beta of 1.25. Duluth Holdings Inc has a one year low of $4.20 and a one year high of $7.88. The firm’s fifty day moving average is $4.77 and its two-hundred day moving average is $5.06.

Duluth (NASDAQ:DLTH) last issued its quarterly earnings results on Thursday, March 7th. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.06). Duluth had a negative return on equity of 4.24% and a negative net margin of 1.45%. The firm had revenue of $245.61 million for the quarter, compared to analyst estimates of $241.80 million. During the same quarter last year, the firm earned $0.23 earnings per share. Analysts expect that Duluth Holdings Inc will post -0.07 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Duluth by 10.5% during the fourth quarter. Vanguard Group Inc. now owns 843,955 shares of the company’s stock worth $4,540,000 after acquiring an additional 80,340 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Duluth by 6.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 45,685 shares of the company’s stock worth $246,000 after acquiring an additional 2,863 shares during the period. Barclays PLC increased its stake in shares of Duluth by 90.8% during the fourth quarter. Barclays PLC now owns 43,765 shares of the company’s stock worth $236,000 after acquiring an additional 20,827 shares during the period. Nuveen Asset Management LLC increased its stake in shares of Duluth by 25.3% during the fourth quarter. Nuveen Asset Management LLC now owns 37,306 shares of the company’s stock worth $201,000 after acquiring an additional 7,539 shares during the period. Finally, Occudo Quantitative Strategies LP acquired a new position in shares of Duluth during the fourth quarter worth about $88,000. 24.39% of the stock is currently owned by institutional investors and hedge funds.

Duluth Company Profile

Duluth Holdings Inc sells casual wear, workwear, and accessories for men and women under the Duluth Trading brand in the United States. It provides shirts, pants, underwear, tanks, outerwear, footwear, accessories, and hard goods. The company offers its products under various trademarks, trade names, and service marks, including Alaskan Hardgear, Armachillo, Ballroom, Bucket Master, Cab Commander, Crouch Gusset, Dry on the Fly, Duluth Trading Co, Duluthflex, Fire Hose, Longtail T, No-Yank, No Polo Shirt, Wild Boar Mocs, and Buck Naked.