Duluth Holdings Inc. (NASDAQ:DLTH) Director William E. Ferry sold 28,400 shares of the stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $20.10, for a total transaction of $570,840.00. Following the sale, the director now owns 2,032 shares of the company’s stock, valued at approximately $40,843.20. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Shares of Duluth Holdings Inc. (DLTH) opened at 20.325 on Thursday. Duluth Holdings Inc. has a 52-week low of $16.01 and a 52-week high of $38.19. The firm has a market cap of $659.71 million, a PE ratio of 34.449 and a beta of 0.20. The firm has a 50-day moving average of $19.78 and a 200 day moving average of $19.72.

Duluth Holdings (NASDAQ:DLTH) last posted its quarterly earnings data on Tuesday, September 5th. The company reported $0.13 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.10 by $0.03. The business had revenue of $86.20 million during the quarter, compared to analysts’ expectations of $82.51 million. Duluth Holdings had a net margin of 4.64% and a return on equity of 17.05%. Duluth Holdings’s revenue was up 31.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.11 earnings per share. On average, equities analysts predict that Duluth Holdings Inc. will post $0.70 earnings per share for the current year.

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A number of equities research analysts recently issued reports on DLTH shares. Stifel Nicolaus dropped their target price on shares of Duluth Holdings from $21.00 to $20.00 and set a “hold” rating for the company in a research report on Wednesday, June 7th. Wunderlich reiterated a “buy” rating and set a $36.00 target price on shares of Duluth Holdings in a research report on Friday, June 9th. Robert W. Baird dropped their target price on shares of Duluth Holdings from $30.00 to $25.00 and set an “outperform” rating for the company in a research report on Friday, June 9th. FBR & Co reiterated an “outperform” rating and set a $26.00 target price on shares of Duluth Holdings in a research report on Tuesday, July 11th. Finally, DA Davidson started coverage on shares of Duluth Holdings in a research report on Friday, July 21st. They set a “buy” rating and a $25.00 target price for the company. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $26.38.

A number of hedge funds and other institutional investors have recently modified their holdings of DLTH. Cooper Creek Partners Management LLC raised its stake in Duluth Holdings by 351.0% during the second quarter. Cooper Creek Partners Management LLC now owns 538,325 shares of the company’s stock worth $9,803,000 after acquiring an additional 418,965 shares in the last quarter. Summit Creek Advisors LLC raised its stake in Duluth Holdings by 154.4% during the second quarter. Summit Creek Advisors LLC now owns 532,652 shares of the company’s stock worth $9,700,000 after acquiring an additional 323,293 shares in the last quarter. Russell Investments Group Ltd. raised its stake in Duluth Holdings by 183.8% during the second quarter. Russell Investments Group Ltd. now owns 448,360 shares of the company’s stock worth $8,164,000 after acquiring an additional 290,392 shares in the last quarter. Point72 Asset Management L.P. acquired a new position in Duluth Holdings during the first quarter worth about $6,057,000. Finally, Franklin Resources Inc. raised its stake in Duluth Holdings by 24.9% during the second quarter. Franklin Resources Inc. now owns 796,098 shares of the company’s stock worth $14,497,000 after acquiring an additional 158,489 shares in the last quarter. 33.54% of the stock is owned by hedge funds and other institutional investors.

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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