The Duckhorn Portfolio, Inc. (NYSE:NAPA) Insider Sean B.A. Sullivan Sells 2,400 Shares

Posted by on May 14th, 2022

The Duckhorn Portfolio, Inc. (NYSE:NAPA – Get Rating) insider Sean B.A. Sullivan sold 2,400 shares of the business’s stock in a transaction dated Wednesday, May 11th. The stock was sold at an average price of $20.00, for a total value of $48,000.00. Following the completion of the sale, the insider now owns 182,416 shares in the company, valued at $3,648,320. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Sean B.A. Sullivan also recently made the following trade(s):

  • On Friday, May 13th, Sean B.A. Sullivan sold 15,761 shares of Duckhorn Portfolio stock. The shares were sold at an average price of $20.10, for a total value of $316,796.10.
  • On Friday, May 6th, Sean B.A. Sullivan sold 100 shares of Duckhorn Portfolio stock. The shares were sold at an average price of $20.00, for a total value of $2,000.00.

Shares of NAPA stock opened at $20.23 on Friday. The firm has a market capitalization of $2.33 billion, a price-to-earnings ratio of 42.15, a price-to-earnings-growth ratio of 3.02 and a beta of 0.16. The company has a debt-to-equity ratio of 0.29, a current ratio of 5.78 and a quick ratio of 0.93. The business has a fifty day moving average of $18.65 and a 200 day moving average of $19.82. The Duckhorn Portfolio, Inc. has a 1 year low of $16.29 and a 1 year high of $25.25.

Duckhorn Portfolio (NYSE:NAPA – Get Rating) last issued its earnings results on Thursday, March 10th. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.02. The company had revenue of $98.74 million during the quarter, compared to analyst estimates of $93.16 million. Duckhorn Portfolio had a return on equity of 7.11% and a net margin of 15.28%. As a group, equities research analysts expect that The Duckhorn Portfolio, Inc. will post 0.55 earnings per share for the current year.

A number of equities research analysts have issued reports on the company. Evercore ISI assumed coverage on Duckhorn Portfolio in a research report on Monday, March 14th. They set a “buy” rating and a $26.00 price objective on the stock. Zacks Investment Research downgraded Duckhorn Portfolio from a “buy” rating to a “hold” rating in a research report on Thursday. Barclays upped their target price on Duckhorn Portfolio from $19.00 to $20.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 15th. Finally, Royal Bank of Canada raised Duckhorn Portfolio from a “sector perform” rating to an “outperform” rating and set a $23.00 target price on the stock in a research note on Monday, March 28th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $24.11.

Several large investors have recently bought and sold shares of NAPA. Citigroup Inc. boosted its holdings in Duckhorn Portfolio by 135.5% in the 3rd quarter. Citigroup Inc. now owns 2,263 shares of the company’s stock worth $52,000 after buying an additional 1,302 shares during the last quarter. Royal Bank of Canada lifted its stake in Duckhorn Portfolio by 24.9% in the 2nd quarter. Royal Bank of Canada now owns 4,299 shares of the company’s stock worth $94,000 after purchasing an additional 857 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new position in Duckhorn Portfolio in the 4th quarter worth approximately $136,000. Morgan Stanley purchased a new position in Duckhorn Portfolio in the 1st quarter worth approximately $136,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in Duckhorn Portfolio in the 4th quarter worth approximately $186,000. Hedge funds and other institutional investors own 95.72% of the company’s stock.

Duckhorn Portfolio Company Profile (Get Rating)

The Duckhorn Portfolio, Inc produces and sells wines in North America. It offers wines under a portfolio of brands, including Duckhorn Vineyards, Decoy, Kosta Browne, Goldeneye, Paraduxx, Calera, Migration, Canvasback, Greenwing, and Postmark. The company sells wines to distributors, and directly to retail accounts and consumers.

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