The Duckhorn Portfolio, Inc. (NYSE:NAPA - Get Free Report) insider Deirdre Mahlan sold 29,681 shares of the business's stock in a transaction on Thursday, March 28th. The shares were sold at an average price of $9.23, for a total transaction of $273,955.63. Following the completion of the sale, the insider now directly owns 104,590 shares in the company, valued at approximately $965,365.70. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Duckhorn Portfolio Price Performance
Shares of NAPA stock opened at $9.31 on Friday. The Duckhorn Portfolio, Inc. has a 12-month low of $8.34 and a 12-month high of $16.11. The firm has a market capitalization of $1.07 billion, a price-to-earnings ratio of 16.33, a price-to-earnings-growth ratio of 8.14 and a beta of 0.25. The company has a quick ratio of 1.13, a current ratio of 6.85 and a debt-to-equity ratio of 0.28. The firm has a fifty day moving average of $9.09 and a 200-day moving average of $9.84.
Duckhorn Portfolio (NYSE:NAPA - Get Free Report) last announced its earnings results on Thursday, March 7th. The company reported $0.17 earnings per share for the quarter, hitting analysts' consensus estimates of $0.17. Duckhorn Portfolio had a net margin of 16.62% and a return on equity of 7.27%. The firm had revenue of $103.05 million during the quarter, compared to analyst estimates of $106.38 million. During the same period in the prior year, the business earned $0.17 EPS. On average, equities research analysts forecast that The Duckhorn Portfolio, Inc. will post 0.59 earnings per share for the current year.
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Several equities research analysts have issued reports on the stock. Citigroup lowered their price target on shares of Duckhorn Portfolio from $16.00 to $12.50 and set a "buy" rating on the stock in a report on Friday, December 8th. Bank of America cut shares of Duckhorn Portfolio from a "neutral" rating to an "underperform" rating and lowered their price target for the stock from $11.00 to $8.00 in a research report on Tuesday, February 13th. BMO Capital Markets reduced their price objective on shares of Duckhorn Portfolio from $13.00 to $11.00 and set a "market perform" rating on the stock in a research note on Monday, December 11th. Barclays lifted their target price on shares of Duckhorn Portfolio from $12.00 to $13.00 and gave the stock an "overweight" rating in a report on Friday, December 8th. Finally, TheStreet raised shares of Duckhorn Portfolio from a "d" rating to a "c" rating in a report on Monday, March 18th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $13.56.
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Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Raymond James & Associates grew its position in shares of Duckhorn Portfolio by 2.5% during the 1st quarter. Raymond James & Associates now owns 25,384 shares of the company's stock worth $462,000 after purchasing an additional 626 shares in the last quarter. MetLife Investment Management LLC boosted its position in shares of Duckhorn Portfolio by 4.7% during the 2nd quarter. MetLife Investment Management LLC now owns 22,283 shares of the company's stock worth $289,000 after acquiring an additional 1,008 shares in the last quarter. AdvisorShares Investments LLC boosted its position in shares of Duckhorn Portfolio by 10.5% during the 3rd quarter. AdvisorShares Investments LLC now owns 11,998 shares of the company's stock worth $123,000 after acquiring an additional 1,137 shares in the last quarter. Nuveen Asset Management LLC boosted its position in shares of Duckhorn Portfolio by 1.1% during the 4th quarter. Nuveen Asset Management LLC now owns 104,557 shares of the company's stock worth $1,030,000 after acquiring an additional 1,164 shares in the last quarter. Finally, Swiss National Bank boosted its position in shares of Duckhorn Portfolio by 1.1% during the 3rd quarter. Swiss National Bank now owns 114,000 shares of the company's stock worth $1,170,000 after acquiring an additional 1,200 shares in the last quarter.
About Duckhorn Portfolio
(
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The Duckhorn Portfolio, Inc produces and sells wines in North America. The company offers wines under a portfolio of brands, including Duckhorn Vineyards, Decoy, Goldeneye, Paraduxx, Migration, Canvasback, Calera, Kosta Browne, Greenwing, and Postmark. It sells wines to distributors, and directly to retail accounts and consumers.
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