Escalade (NASDAQ:ESCA) Director Edward Williams Sells 2,373 Shares

Key Points

  • Escalade director Edward Williams sold 30,315 shares at an average price of $20.98, generating approximately $636,009 and reducing his stake by 18.66% to 132,187 shares.
  • Escalade reported quarterly EPS of $0.68, beating the $0.16 consensus estimate, while revenue of $57.7 million was broadly in line with expectations.
  • The company declared a quarterly dividend of $0.1525 per share, equivalent to an annualized $0.61 payout and a 2.9% yield; analysts maintain a consensus “Strong Buy” rating.

Escalade, Incorporated (NASDAQ:ESCA - Get Free Report) Director Edward Williams sold 2,373 shares of Escalade stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $20.99, for a total transaction of $49,809.27. Following the sale, the director owned 129,452 shares of the company's stock, valued at approximately $2,717,197.48. The trade was a 1.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Escalade Price Performance

ESCA stock opened at $20.82 on Friday. The firm has a 50 day simple moving average of $19.30 and a two-hundred day simple moving average of $17.76. The stock has a market cap of $286.61 million, a PE ratio of 12.47 and a beta of 0.58. Escalade, Incorporated has a one year low of $11.41 and a one year high of $23.07.

Escalade (NASDAQ:ESCA - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.52. Escalade had a net margin of 9.46% and a return on equity of 13.11%. The firm had revenue of $57.70 million for the quarter, compared to analysts' expectations of $57.60 million. On average, research analysts expect that Escalade, Incorporated will post 1.56 EPS for the current fiscal year.

Escalade Announces Dividend




The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 13th. Investors of record on Tuesday, October 6th will be paid a $0.1525 dividend. This represents a $0.61 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Tuesday, October 6th. Escalade's dividend payout ratio is currently 36.53%.

More Escalade News

Here are the key news stories impacting Escalade this week:

  • Neutral Sentiment: Recent articles about Cadillac Escalade SUVs—including the Escalade-V, Escalade Sport and Escalade IQ—concern General Motors’ luxury vehicle brand, not Escalade, Incorporated. They do not have a direct effect on ESCA’s business or stock. Nobody needed a matte green carbon Escalade-V
  • Neutral Sentiment: Coverage of Cadillac’s premium customization options for the electric Escalade IQ and reviews of the 2026 Escalade Platinum Sport are likewise unrelated to the sporting-goods manufacturer. Cadillac Escalade IQ customization
  • Negative Sentiment: Director Edward E. Williams sold 30,315 ESCA shares for approximately $636,009 on August 11, reducing his ownership by 18.66%. He subsequently sold another 362 shares for about $7,588 on August 12 and 2,373 shares for approximately $49,809 on August 13. The three transactions totaled roughly 33,050 shares and $693,000, potentially weighing on investor sentiment even though he still retained 129,452 shares. Escalade insider sale SEC filing

Institutional Investors Weigh In On Escalade

Institutional investors have recently made changes to their positions in the business. Raymond James Financial Inc. purchased a new stake in shares of Escalade in the 2nd quarter valued at $29,000. Tower Research Capital LLC TRC raised its position in Escalade by 439.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,622 shares of the company's stock worth $51,000 after purchasing an additional 2,950 shares during the period. Deutsche Bank AG bought a new stake in Escalade in the second quarter worth $156,000. Goldman Sachs Group Inc. lifted its stake in Escalade by 7.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 11,845 shares of the company's stock worth $160,000 after purchasing an additional 779 shares during the last quarter. Finally, Certior Financial Group LLC lifted its stake in Escalade by 10.2% in the fourth quarter. Certior Financial Group LLC now owns 12,351 shares of the company's stock worth $167,000 after purchasing an additional 1,143 shares during the last quarter. Hedge funds and other institutional investors own 65.22% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Weiss Ratings upgraded Escalade from a "hold (c+)" rating to a "buy (b-)" rating in a report on Friday, July 24th. Zacks Research raised Escalade from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to MarketBeat, the stock has an average rating of "Strong Buy".

View Our Latest Stock Analysis on ESCA

Escalade Company Profile

(Get Free Report)

Escalade, Inc is a U.S.-based manufacturer and distributor of recreational equipment and specialty products for both consumer and commercial markets. Headquartered in Evansville, Indiana, the company operates through two principal business segments: Sporting Goods and Commercial Products. The Sporting Goods segment encompasses a diverse range of products such as hockey and lacrosse goal assemblies, fitness accessories, archery and hunting gear, and table tennis equipment. The Commercial Products segment focuses on seating solutions for restaurants, hospitality venues and other public spaces under the Top Seat brand, as well as storage, display products and industrial carts.

Within Sporting Goods, Escalade markets its products under proprietary brands including Bear® Archery, Gene St.

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