Seymour Holtzman Purchases 12,000 Shares of Destination XL Group Inc (NASDAQ:DXLG) Stock

Destination XL Group Inc (NASDAQ:DXLG) Director Seymour Holtzman bought 12,000 shares of the company’s stock in a transaction on Wednesday, June 26th. The stock was purchased at an average cost of $1.69 per share, with a total value of $20,280.00. Following the completion of the transaction, the director now owns 4,306,355 shares in the company, valued at $7,277,739.95. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

Seymour Holtzman also recently made the following trade(s):

  • On Tuesday, July 2nd, Seymour Holtzman bought 1,391 shares of Destination XL Group stock. The stock was purchased at an average cost of $1.75 per share, with a total value of $2,434.25.
  • On Wednesday, June 12th, Seymour Holtzman bought 61,500 shares of Destination XL Group stock. The stock was purchased at an average cost of $1.61 per share, with a total value of $99,015.00.
  • On Friday, June 7th, Seymour Holtzman acquired 25,906 shares of Destination XL Group stock. The shares were bought at an average cost of $1.60 per share, with a total value of $41,449.60.

Shares of Destination XL Group stock traded down $0.01 on Friday, reaching $1.81. 25,570 shares of the company were exchanged, compared to its average volume of 28,666. Destination XL Group Inc has a 1-year low of $1.52 and a 1-year high of $3.52. The company has a debt-to-equity ratio of 3.61, a quick ratio of 0.15 and a current ratio of 0.90. The stock’s 50 day moving average is $1.75.

Destination XL Group (NASDAQ:DXLG) last announced its quarterly earnings data on Friday, May 24th. The specialty retailer reported ($0.04) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.02) by ($0.02). Destination XL Group had a negative return on equity of 4.88% and a negative net margin of 2.85%. The company had revenue of $112.97 million for the quarter.

Institutional investors have recently made changes to their positions in the company. O Shaughnessy Asset Management LLC grew its position in shares of Destination XL Group by 11.3% during the first quarter. O Shaughnessy Asset Management LLC now owns 71,641 shares of the specialty retailer’s stock worth $176,000 after buying an additional 7,301 shares in the last quarter. Cannell Capital LLC boosted its holdings in Destination XL Group by 5.1% in the fourth quarter. Cannell Capital LLC now owns 5,170,722 shares of the specialty retailer’s stock valued at $11,220,000 after purchasing an additional 250,645 shares in the last quarter. Bailard Inc. acquired a new position in Destination XL Group in the first quarter valued at approximately $207,000. Acadian Asset Management LLC boosted its holdings in Destination XL Group by 1,976.1% in the fourth quarter. Acadian Asset Management LLC now owns 33,342 shares of the specialty retailer’s stock valued at $72,000 after purchasing an additional 31,736 shares in the last quarter. Finally, Ashfield Capital Partners LLC acquired a new position in Destination XL Group in the first quarter valued at approximately $250,000. 64.88% of the stock is owned by institutional investors and hedge funds.

About Destination XL Group

Destination XL Group, Inc, together with its subsidiaries, operates as a specialty retailer of big and tall men's apparel. Its stores offer sportswear and dress wear; shoes; accessories, such as belts, ties, and socks; fashion-neutral items, including jeans, casual slacks, T-shirts, polo shirts, dress shirts, and suit separates; and casual clothing.

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Insider Buying and Selling by Quarter for Destination XL Group (NASDAQ:DXLG)

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