Before the stock market opens on Thursday, March 16, Destination XL Group (NASDAQ: DXLG) will release the quarterly earnings report it has been working on since the beginning of the year.
Those interested in registering for the earnings conference call the company will be holding can do so by following the link in the previous sentence.
When trading started on Thursday, the price of a share of Destination XL Group was $6.04 per share. Over the previous year, the price of Destination XL Group ranged from its all-time low of $3.27 to its all-time high of $7.57.
Both the price-to-earnings ratio of the stock, which is 4.47, and its beta value, which is 1.47, are very high.
The company’s total value, as measured by its market capitalization, is 373.03 million dollars.
The company has seen a simple moving average of $6.34 over the past 200 days, and the company has seen a simple moving average of $6.66 over the last 50 days.
In other news, on February 2, director Jack Boyle sold 11,600 shares of the company’s stock.
This information can be found in the previous sentence.
This is just one of the many events that have happened in recent times.
In the sale, each share was acquired for an average price of $7.54; as a result, the total value of the transaction was $87,464. Following the completion of the transaction, the director has accumulated a total of 438,682 shares of the company’s stock, which are currently estimated to have a value of approximately $3,307,662.28.
If you follow this link, you will be taken to a document submitted to the Securities and Exchange Commission (SEC), which will provide a comprehensive explanation of the transaction.
Destination XL Group director Jack Boyle sold 11,600 shares of the company’s stock on Thursday, February 2.
This is additional information concerning the company.
In the sale, each share was acquired for an average price of $7.54; as a result, the total value of the transaction was $87,464.
The director now owns 438,682 company shares, which have a combined value of $3,307,662.28 as a direct result of the transaction.
The sale was made known to the general public through a document initially submitted to the SEC and then made available online by the SEC. CAO Additionally, on the trading day of Tuesday, January 17, John F. Cooney sold 13,000 shares of the company’s stock.
The price per share averaged when the shares were sold $6.85, resulting in a sales volume of $89,050.00 overall. Following the completion of the transaction, the chief accounting officer acquired a total of 59,559 shares in the company, which are currently valued at a sum of $407,979.15.
Disclosures related to the sale might be found in this website section.
The sale of 161,503 shares of company stock by company insiders over the most recent ninety days has resulted in total revenue of $1,155,469; insiders of the company own 10.60% of the total shares of stock in the company.
Recently, several hedge funds and other types of institutional investors have adjusted, to varying degrees, the percentage of a company’s ownership that they are responsible for.
BlackRock INC increased the proportion of Destination XL Group stock it owned by 11.0 percentage points during the third quarter.
BlackRock INC now holds 3,475,387 shares of the company’s stock, valued at $18,837,000, following the acquisition of an additional 345,512 shares during the most recent quarter.
During the third quarter of the current fiscal year, Vanguard Group INC acquired a stake in Destination XL Group that was 21.8% larger than before.
After making additional purchases totaling 531,228 shares during the most recent fiscal quarter, Vanguard Group INC now has 2,962,535 shares of the company’s stock in its possession.
There is a value of $16,057,000 attached to these shares. Geode Capital Management LLC increased the proportion of Destination XL Group shares by 3.2% during the fourth quarter.
After acquiring an additional 32,379 shares during the most recent quarter, Geode Capital Management LLC now holds 1,045,834 in its portfolio.
The value of these shares places the company’s stock at $7,059,000.
Dimensional Fund Advisors LP achieved a 30.6% increase in the number of shares of Destination XL Group that it possessed by the end of the year’s fourth quarter.
After purchasing an additional 220,771 shares of the company during the most recent quarter, Dimensional Fund Advisors LP is now the owner of 942,852 shares of the company, which have a value of $6,362,000.
These shares were acquired during the most recent quarter.
Last but not least, during the third quarter, State Street Corporation added 23.1% more stock in Destination XL Group to its holdings, bringing the total percentage of that company’s stock it owned to 100%.
The State Street Corporation increased the number of shares it owned in the company by 138,431 during the preceding quarter, bringing the total number of shares it holds to 4,001,000.
At present, 67.97% of the company’s outstanding stock is owned jointly by institutional investors and hedge funds.
There have been several different brokerage firms, each of which has published its report on DXLG. Craig Hallum stated that they had increased their price target for Destination XL Group to $10.50 in a research report made public on November 21 and published on the same day. StockNews.com encouraged its audience to “purchase” shares of Destination XL Group in a report published on January 10 and made available to the general public then.
DA Davidson increased their price objective for Destination XL Group to $9.00 in a research report published on November 21.
That was the day that the study was made available to the public.