Duluth Holdings Inc. (NASDAQ:DLTH) Director William E. Ferry sold 28,400 shares of the company’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $20.10, for a total transaction of $570,840.00. Following the completion of the transaction, the director now owns 2,032 shares in the company, valued at $40,843.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of Duluth Holdings Inc. (NASDAQ:DLTH) opened at 20.65 on Friday. The stock has a 50 day moving average of $19.82 and a 200-day moving average of $19.72. Duluth Holdings Inc. has a 12 month low of $16.01 and a 12 month high of $38.19. The company has a market cap of $670.26 million, a PE ratio of 35.00 and a beta of 0.20.

Duluth Holdings (NASDAQ:DLTH) last announced its quarterly earnings data on Tuesday, September 5th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.03. Duluth Holdings had a return on equity of 17.05% and a net margin of 4.64%. The company had revenue of $86.20 million during the quarter, compared to analyst estimates of $82.51 million. During the same quarter last year, the firm posted $0.11 EPS. The firm’s revenue for the quarter was up 31.0% on a year-over-year basis. Equities analysts forecast that Duluth Holdings Inc. will post $0.70 earnings per share for the current year.

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Several equities analysts have commented on DLTH shares. Wunderlich reiterated a “buy” rating and issued a $36.00 price objective on shares of Duluth Holdings in a report on Friday, June 9th. FBR & Co reiterated a “buy” rating and issued a $26.00 price objective on shares of Duluth Holdings in a report on Wednesday, September 6th. DA Davidson started coverage on shares of Duluth Holdings in a report on Friday, July 21st. They issued a “buy” rating and a $25.00 price objective on the stock. BMO Capital Markets set a $30.00 price objective on shares of Duluth Holdings and gave the company a “buy” rating in a report on Tuesday, August 8th. Finally, Zacks Investment Research raised shares of Duluth Holdings from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a research report on Tuesday, August 8th. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Duluth Holdings currently has a consensus rating of “Buy” and a consensus target price of $26.38.

A number of hedge funds have recently bought and sold shares of DLTH. American International Group Inc. grew its holdings in Duluth Holdings by 7.0% during the 1st quarter. American International Group Inc. now owns 5,904 shares of the company’s stock valued at $126,000 after buying an additional 388 shares in the last quarter. Invictus RG purchased a new position in Duluth Holdings during the 1st quarter valued at about $182,000. Rhumbline Advisers grew its holdings in Duluth Holdings by 9.2% during the 2nd quarter. Rhumbline Advisers now owns 10,553 shares of the company’s stock valued at $192,000 after buying an additional 885 shares in the last quarter. Paloma Partners Management Co purchased a new position in Duluth Holdings during the 1st quarter valued at about $212,000. Finally, Trexquant Investment LP purchased a new position in Duluth Holdings during the 1st quarter valued at about $223,000. 33.54% of the stock is owned by institutional investors and hedge funds.

About Duluth Holdings

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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