Duluth Holdings Inc. (DLTH) Files Form 4 Insider Selling : Brenda I Morris Sells 6,250 Shares

Duluth Holdings Inc. (DLTH): Brenda I Morris , director of Duluth Holdings Inc. sold 6,250 shares on Jun 21, 2016. The Insider selling transaction was reported by the company on Jun 23, 2016 to the Securities and Exchange Commission. The shares were sold at $25.55 per share for a total value of $159,687.50 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jan 4, 2016, David Cole Finch (director) purchased 6,750 shares at $14.69 per share price.

Company has been under the radar of several Street Analysts.Duluth Holdings Inc is Initiated by Stifel to Buy and the brokerage firm has set the Price Target at $28. The Rating was issued on May 27, 2016.

Duluth Holdings Inc. (Duluth Trading) is a lifestyle brand of men’s and women’s casual wear workwear and accessories sold through the Company’s own channels. The Company offers a line of functional products such as Longtail T shirts Buck Naked underwear and Fire Hose work pants. The Company operates through two segments: direct and retail. The Company’s direct segment includes net sales from the Company’s Website and catalogs. The Company’s retail segment includes net sales from its retail and outlet stores. The Company offers products through its omni channel distribution network consisting of its Website catalogs and retail stores. Its retail stores are concentrated in the Midwest.

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