Destination XL Group Inc. (NASDAQ:DXLG) Director Willem Mesdag bought 46,659 shares of the firm’s stock in a transaction on Monday, November 28th. The stock was purchased at an average cost of $4.18 per share, with a total value of $195,034.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Willem Mesdag also recently made the following trade(s):

  • On Tuesday, September 6th, Willem Mesdag bought 62,000 shares of Destination XL Group stock. The stock was purchased at an average cost of $4.70 per share, with a total value of $291,400.00.
  • On Wednesday, August 31st, Willem Mesdag bought 9,744 shares of Destination XL Group stock. The stock was purchased at an average cost of $4.63 per share, with a total value of $45,114.72.
  • On Tuesday, August 30th, Willem Mesdag bought 12,600 shares of Destination XL Group stock. The stock was purchased at an average cost of $4.68 per share, with a total value of $58,968.00.

Shares of Destination XL Group Inc. (NASDAQ:DXLG) opened at 4.20 on Tuesday. Destination XL Group Inc. has a 52 week low of $3.90 and a 52 week high of $5.88. The company’s market capitalization is $208.14 million. The stock has a 50 day moving average of $4.32 and a 200-day moving average of $4.67.

Destination XL Group (NASDAQ:DXLG) last issued its earnings results on Friday, November 18th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.06) by $0.01. Destination XL Group had a negative net margin of 1.20% and a negative return on equity of 3.54%. The company had revenue of $101.90 million for the quarter, compared to analysts’ expectations of $103.66 million. During the same period in the prior year, the business earned ($0.07) EPS. The firm’s quarterly revenue was up 2.3% on a year-over-year basis. On average, analysts anticipate that Destination XL Group Inc. will post ($0.03) EPS for the current year.

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A number of hedge funds and other institutional investors have recently modified their holdings of DXLG. BlackRock Investment Management LLC boosted its position in shares of Destination XL Group by 3.0% in the second quarter. BlackRock Investment Management LLC now owns 140,661 shares of the company’s stock valued at $643,000 after buying an additional 4,111 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Destination XL Group by 2.1% in the second quarter. Vanguard Group Inc. now owns 1,338,637 shares of the company’s stock valued at $6,118,000 after buying an additional 28,131 shares during the last quarter. Oppenheimer & Co. Inc. boosted its position in shares of Destination XL Group by 7.4% in the second quarter. Oppenheimer & Co. Inc. now owns 43,300 shares of the company’s stock valued at $198,000 after buying an additional 3,000 shares during the last quarter. GSA Capital Partners LLP acquired a new position in shares of Destination XL Group during the second quarter valued at about $438,000. Finally, California Public Employees Retirement System boosted its position in shares of Destination XL Group by 45.5% in the second quarter. California Public Employees Retirement System now owns 62,700 shares of the company’s stock valued at $286,000 after buying an additional 19,600 shares during the last quarter. Institutional investors own 79.49% of the company’s stock.

Several research analysts have issued reports on the stock. Lake Street Capital reaffirmed a “buy” rating on shares of Destination XL Group in a report on Friday, November 18th. Zacks Investment Research upgraded shares of Destination XL Group from a “sell” rating to a “hold” rating in a research note on Tuesday, October 25th. Finally, Wunderlich started coverage on shares of Destination XL Group in a research note on Tuesday, August 2nd. They issued a “buy” rating and a $6.50 price target for the company.

Destination XL Group Company Profile

Destination XL Group, Inc is a specialty retailer of men’s apparel with retail and direct operations in the United States and London, England. The Company operates through the Big & Tall Men’s Apparel segment. The Company operates under the trade names of Destination XL, DXL, Casual Male XL, Casual Male XL outlets, DXL outlets, Rochester Clothing, ShoesXL and LivingXL.

5 Day Chart for NASDAQ:DXLG

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