International Assets Investment Management LLC Has $331,000 Position in Duluth Holdings Inc (NASDAQ:DLTH)

International Assets Investment Management LLC grew its holdings in Duluth Holdings Inc (NASDAQ:DLTH) by 415.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 61,601 shares of the company’s stock after buying an additional 49,651 shares during the quarter. International Assets Investment Management LLC owned 0.20% of Duluth worth $331,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Taylor & Morgan Wealth Management LLC bought a new stake in Duluth in the fourth quarter valued at $54,000. Brave Asset Management Inc. grew its holdings in shares of Duluth by 70.6% in the 4th quarter. Brave Asset Management Inc. now owns 29,000 shares of the company’s stock worth $156,000 after purchasing an additional 12,000 shares during the last quarter. Silverlake Wealth Management LLC acquired a new stake in shares of Duluth during the 4th quarter worth about $58,000. Finally, Brandywine Global Investment Management LLC bought a new position in Duluth during the 3rd quarter valued at about $88,000. 24.39% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Duluth news, SVP Neala Shepherd sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, April 10th. The shares were sold at an average price of $4.70, for a total value of $47,000.00. Following the completion of the sale, the senior vice president now owns 122,587 shares in the company, valued at approximately $576,158.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 35.32% of the stock is owned by corporate insiders.

Duluth Price Performance

NASDAQ:DLTH opened at $4.38 on Friday. The company has a quick ratio of 0.54, a current ratio of 1.77 and a debt-to-equity ratio of 0.27. The firm has a market cap of $135.84 million, a PE ratio of -15.09 and a beta of 1.25. Duluth Holdings Inc has a 12 month low of $4.20 and a 12 month high of $7.88. The company’s 50-day moving average price is $4.65 and its two-hundred day moving average price is $4.97.

Duluth (NASDAQ:DLTH) last released its quarterly earnings results on Thursday, March 7th. The company reported $0.21 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 business had revenue of $245.61 million for the quarter, compared to the consensus estimate of $241.80 million. During the same quarter last year, the company earned $0.23 earnings per share. On average, equities analysts anticipate that Duluth Holdings Inc will post -0.07 EPS for the current fiscal year.

Duluth 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.