AdvisorShares Investments LLC Boosts Stake in The Duckhorn Portfolio, Inc. (NYSE:NAPA)

AdvisorShares Investments LLC lifted its position in The Duckhorn Portfolio, Inc. (NYSE:NAPAFree Report) by 125.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 26,998 shares of the company’s stock after buying an additional 15,000 shares during the quarter. AdvisorShares Investments LLC’s holdings in Duckhorn Portfolio were worth $266,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Aristides Capital LLC purchased a new stake in shares of Duckhorn Portfolio in the 4th quarter valued at $267,000. Tower Research Capital LLC TRC raised its holdings in shares of Duckhorn Portfolio by 94.2% in the 4th quarter. Tower Research Capital LLC TRC now owns 10,289 shares of the company’s stock valued at $101,000 after buying an additional 4,992 shares during the period. Southeast Asset Advisors Inc. raised its holdings in shares of Duckhorn Portfolio by 136.8% in the 4th quarter. Southeast Asset Advisors Inc. now owns 67,291 shares of the company’s stock valued at $663,000 after buying an additional 38,870 shares during the period. Isthmus Partners LLC acquired a new position in Duckhorn Portfolio during the 4th quarter worth $215,000. Finally, Aigen Investment Management LP grew its stake in Duckhorn Portfolio by 78.0% during the 4th quarter. Aigen Investment Management LP now owns 22,899 shares of the company’s stock worth $226,000 after purchasing an additional 10,032 shares in the last quarter.

Insider Activity at Duckhorn Portfolio

In other Duckhorn Portfolio news, insider Deirdre Mahlan sold 29,681 shares of the company’s stock in a transaction that occurred on Thursday, March 28th. The stock was 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 of the company’s stock, valued at approximately $965,365.70. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, insider Deirdre Mahlan sold 29,681 shares of the stock in a transaction that occurred on Thursday, March 28th. The stock was sold at an average price of $9.23, for a total transaction of $273,955.63. Following the completion of the transaction, the insider now directly owns 104,590 shares of the company’s stock, valued at approximately $965,365.70. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Sean B.A. Sullivan sold 25,000 shares of the stock in a transaction that occurred on Tuesday, April 9th. The stock was sold at an average price of $8.99, for a total value of $224,750.00. Following the transaction, the insider now directly owns 125,326 shares of the company’s stock, valued at $1,126,680.74. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on NAPA. Wedbush lowered their target price on Duckhorn Portfolio from $11.00 to $10.00 and set an “outperform” rating for the company in a research note on Thursday, May 2nd. TheStreet raised Duckhorn Portfolio from a “d” rating to a “c” rating in a research note on Monday, March 18th. Bank of America cut Duckhorn Portfolio from a “neutral” rating to an “underperform” rating and lowered their target price for the stock from $11.00 to $8.00 in a research note on Tuesday, February 13th. BMO Capital Markets lowered their target price on Duckhorn Portfolio from $10.00 to $9.00 and set a “market perform” rating for the company in a research note on Friday. Finally, Citigroup lowered their target price on Duckhorn Portfolio from $11.00 to $10.00 and set a “buy” rating for the company in a research note on Friday. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $9.86.

Get Our Latest Report on NAPA

Duckhorn Portfolio Stock Down 3.7 %

Shares of NYSE:NAPA traded down $0.29 on Friday, hitting $7.50. 1,718,119 shares of the company’s stock were exchanged, compared to its average volume of 734,079. The firm’s 50-day moving average is $8.24 and its 200 day moving average is $8.98. The company has a market capitalization of $865.58 million, a PE ratio of 13.89, a P/E/G ratio of 7.18 and a beta of 0.27. The Duckhorn Portfolio, Inc. has a 1-year low of $7.45 and a 1-year high of $14.46. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.13 and a current ratio of 6.85.

Duckhorn Portfolio (NYSE:NAPAGet Free Report) last announced its earnings results on Thursday, March 7th. The company reported $0.17 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.17. The firm had revenue of $103.05 million during the quarter, compared to analysts’ expectations of $106.38 million. Duckhorn Portfolio had a return on equity of 6.96% and a net margin of 15.69%. During the same period in the prior year, the firm earned $0.17 EPS. Sell-side analysts predict that The Duckhorn Portfolio, Inc. will post 0.56 EPS for the current year.

Duckhorn Portfolio Profile

(Free Report)

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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Institutional Ownership by Quarter for Duckhorn Portfolio (NYSE:NAPA)

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