Robert W. Humphreys Sells 1,000 Shares of Delta Apparel, Inc. (DLA) Stock

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Delta Apparel, Inc. (NYSEAMERICAN:DLA) CEO Robert W. Humphreys sold 1,000 shares of Delta Apparel stock in a transaction dated Friday, May 17th. The shares were sold at an average price of $21.85, for a total value of $21,850.00. Following the completion of the transaction, the chief executive officer now directly owns 512,149 shares of the company’s stock, valued at $11,190,455.65. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

NYSEAMERICAN DLA traded up $0.60 during trading on Tuesday, hitting $22.21. The stock had a trading volume of 7,100 shares, compared to its average volume of 19,009. Delta Apparel, Inc. has a twelve month low of $16.11 and a twelve month high of $24.99.

Delta Apparel (NYSEAMERICAN:DLA) last released its earnings results on Monday, May 6th. The textile maker reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.10). The business had revenue of $102.84 million during the quarter, compared to the consensus estimate of $106.16 million.

DLA has been the subject of several research reports. Zacks Investment Research raised Delta Apparel from a “hold” rating to a “buy” rating and set a $26.00 target price for the company in a research report on Friday, February 1st. Roth Capital downgraded Delta Apparel from a “buy” rating to a “neutral” rating and set a $26.00 target price for the company. in a research report on Wednesday, February 6th.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Oppenheimer Asset Management Inc. purchased a new position in shares of Delta Apparel in the 4th quarter valued at about $25,000. Morgan Stanley boosted its stake in shares of Delta Apparel by 136.0% in the 1st quarter. Morgan Stanley now owns 2,204 shares of the textile maker’s stock valued at $49,000 after buying an additional 1,270 shares during the period. Marshall Wace North America L.P. purchased a new position in shares of Delta Apparel in the 1st quarter valued at about $65,000. O Shaughnessy Asset Management LLC boosted its stake in shares of 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 buying an additional 1,612 shares during the period. Finally, Citigroup Inc. purchased a new position in shares of Delta Apparel in the 1st quarter valued at about $182,000.

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Delta Apparel Company Profile

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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Insider Buying and Selling by Quarter for Delta Apparel (NYSEAMERICAN:DLA)

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