Destination XL Group Inc. (NASDAQ:DXLG) Director Willem Mesdag acquired 46,659 shares of the company’s stock in a transaction dated Monday, November 28th. The shares were bought at an average price of $4.18 per share, for a total transaction of $195,034.62. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Willem Mesdag also recently made the following trade(s):

  • On Tuesday, September 6th, Willem Mesdag acquired 62,000 shares of Destination XL Group stock. The shares were bought at an average price of $4.70 per share, for a total transaction of $291,400.00.
  • On Wednesday, August 31st, Willem Mesdag acquired 9,744 shares of Destination XL Group stock. The shares were bought at an average price of $4.63 per share, for a total transaction of $45,114.72.
  • On Tuesday, August 30th, Willem Mesdag acquired 12,600 shares of Destination XL Group stock. The shares were bought at an average price of $4.68 per share, for a total transaction of $58,968.00.

Shares of Destination XL Group Inc. (NASDAQ:DXLG) opened at 4.20 on Tuesday. Destination XL Group Inc. has a 52-week low of $3.90 and a 52-week high of $5.88. The stock’s 50 day moving average is $4.32 and its 200 day moving average is $4.67. The company’s market capitalization is $208.14 million.

Destination XL Group (NASDAQ:DXLG) last released its earnings results on Friday, November 18th. The company reported ($0.05) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.06) by $0.01. Destination XL Group had a negative net margin of 1.20% and a negative return on equity of 3.54%. The company had revenue of $101.90 million for the quarter, compared to analyst estimates of $103.66 million. During the same quarter last year, the firm earned ($0.07) EPS. The firm’s quarterly revenue was up 2.3% compared to the same quarter last year. Equities analysts expect that Destination XL Group Inc. will post ($0.03) EPS for the current year.

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Several brokerages have recently weighed in on DXLG. Zacks Investment Research upgraded shares of Destination XL Group from a “sell” rating to a “hold” rating in a report on Tuesday, October 25th. Lake Street Capital reissued a “buy” rating on shares of Destination XL Group in a research report on Friday, November 18th. Finally, Wunderlich started coverage on shares of Destination XL Group in a research report on Tuesday, August 2nd. They set a “buy” rating and a $6.50 target price for the company.

A number of large investors have recently made changes to their positions in the company. The Manufacturers Life Insurance Company purchased a new stake in shares of Destination XL Group during the third quarter worth about $123,000. A.R.T. Advisors LLC purchased a new stake in shares of Destination XL Group during the second quarter worth about $157,000. Rothschild Asset Management Inc. purchased a new stake in shares of Destination XL Group during the second quarter worth about $160,000. Alliancebernstein L.P. raised its stake in shares of Destination XL Group by 3.1% in the second quarter. Alliancebernstein L.P. now owns 36,700 shares of the company’s stock worth $168,000 after buying an additional 1,100 shares during the period. Finally, Oppenheimer & Co. Inc. raised its stake in shares of Destination XL Group by 7.4% in the second quarter. Oppenheimer & Co. Inc. now owns 43,300 shares of the company’s stock worth $198,000 after buying an additional 3,000 shares during the period. 79.49% of the stock is currently owned by institutional investors and hedge funds.

Destination XL Group Company Profile

Destination XL Group, Inc is a specialty retailer of men’s apparel with retail and direct operations in the United States and London, England. The Company operates through the Big & Tall Men’s Apparel segment. The Company operates under the trade names of Destination XL, DXL, Casual Male XL, Casual Male XL outlets, DXL outlets, Rochester Clothing, ShoesXL and LivingXL.

5 Day Chart for NASDAQ:DXLG

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