A Director at Delta Apparel (DLA) is Buying Shares


Today, a Director at Delta Apparel (NYSE: DLA), Sam Pina Cortez, bought shares of DLA for $8,720.

Following Sam Pina Cortez’s last DLA Buy transaction on March 11, 2015, the stock climbed by 8.4%. Following this transaction Sam Pina Cortez’s holding in the company was increased by 3.74% to a total of $241.1K.

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Based on Delta Apparel’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $112 million and quarterly net profit of $4.55 million. In comparison, last year the company earned revenue of $104 million and had a net profit of $4.47 million. Currently, Delta Apparel has an average volume of 1,398.

Starting in August 2015, DLA received 15 Buy ratings in a row.

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Delta Apparel, Inc. engages in the design, merchandise, sales, and marketing of lifestyle branded active wear apparel and headwear. It operates through the Branded and Basics segments. The Branded segment specializes in apparel garments and headwear in different brands, including Salt Life, Junkfood, and Soffe.

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