Destination XL Group Inc (NASDAQ:DXLG) COO Brian Reaves bought 21,735 shares of the business’s stock in a transaction that occurred on Thursday, September 19th. The shares were acquired at an average price of $1.35 per share, for a total transaction of $29,342.25. Following the transaction, the chief operating officer now owns 136,469 shares in the company, valued at $184,233.15. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Shares of Destination XL Group stock traded up $0.11 on Thursday, hitting $1.42. 5,145 shares of the company’s stock traded hands, compared to its average volume of 56,200. Destination XL Group Inc has a one year low of $1.31 and a one year high of $3.52. The company has a quick ratio of 0.15, a current ratio of 0.91 and a debt-to-equity ratio of 3.40. The company has a fifty day moving average of $1.67 and a two-hundred day moving average of $1.94.
Several institutional investors have recently made changes to their positions in DXLG. Punch & Associates Investment Management Inc. boosted its position in shares of Destination XL Group by 28.6% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 1,554,284 shares of the specialty retailer’s stock valued at $3,808,000 after purchasing an additional 345,807 shares in the last quarter. B. Riley Financial Inc. bought a new stake in shares of Destination XL Group during the 1st quarter valued at about $66,000. BlackRock Inc. boosted its position in shares of Destination XL Group by 1.7% during the 2nd quarter. BlackRock Inc. now owns 1,005,909 shares of the specialty retailer’s stock valued at $1,771,000 after purchasing an additional 16,461 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its position in shares of Destination XL Group by 11.3% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 71,641 shares of the specialty retailer’s stock valued at $176,000 after purchasing an additional 7,301 shares in the last quarter. Institutional investors own 64.06% of the company’s stock.
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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