Destination Maternity Corp (NASDAQ:DEST) insider Kingdon Capital Management, L. purchased 27,762 shares of the firm’s stock in a transaction that occurred on Thursday, January 17th. The stock was bought at an average price of $3.17 per share, for a total transaction of $88,005.54. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Kingdon Capital Management, L. also recently made the following trade(s):

  • On Tuesday, January 15th, Kingdon Capital Management, L. purchased 10,322 shares of Destination Maternity stock. The stock was bought at an average price of $3.04 per share, for a total transaction of $31,378.88.

Destination Maternity stock opened at $3.27 on Friday. Destination Maternity Corp has a 12-month low of $1.62 and a 12-month high of $6.84. The company has a quick ratio of 0.23, a current ratio of 1.18 and a debt-to-equity ratio of 0.68.

Destination Maternity (NASDAQ:DEST) last released its earnings results on Tuesday, December 11th. The company reported ($0.12) earnings per share (EPS) for the quarter. Destination Maternity had a negative net margin of 4.55% and a negative return on equity of 19.02%. The business had revenue of $92.84 million during the quarter. Analysts anticipate that Destination Maternity Corp will post -0.36 earnings per share for the current year.

Institutional investors have recently added to or reduced their stakes in the business. Palo Capital Inc. bought a new position in Destination Maternity in the third quarter valued at about $355,000. Dynamic Technology Lab Private Ltd grew its position in Destination Maternity by 139.3% in the third quarter. Dynamic Technology Lab Private Ltd now owns 30,443 shares of the company’s stock valued at $142,000 after acquiring an additional 17,723 shares during the last quarter. Bridgeway Capital Management Inc. grew its position in Destination Maternity by 68.9% in the third quarter. Bridgeway Capital Management Inc. now owns 185,500 shares of the company’s stock valued at $864,000 after acquiring an additional 75,700 shares during the last quarter. Mondrian Investment Partners LTD grew its position in Destination Maternity by 53.0% in the third quarter. Mondrian Investment Partners LTD now owns 417,671 shares of the company’s stock valued at $1,946,000 after acquiring an additional 144,603 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Destination Maternity by 4.5% in the second quarter. Dimensional Fund Advisors LP now owns 384,340 shares of the company’s stock valued at $2,237,000 after acquiring an additional 16,516 shares during the last quarter. Hedge funds and other institutional investors own 38.15% of the company’s stock.

Separately, ValuEngine cut Destination Maternity from a “buy” rating to a “hold” rating in a research report on Wednesday, November 7th.

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Destination Maternity Company Profile

Destination Maternity Corporation designs and retails maternity apparel. As of August 4, 2018, the company operated 1,114 retail locations, including 480 stores in the United States, Canada, and Puerto Rico under the Motherhood Maternity, A Pea in the Pod, and Destination Maternity names; and 634 leased department locations in the United States and Puerto Rico.

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Insider Buying and Selling by Quarter for Destination Maternity (NASDAQ:DEST)

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