Interface CEO Unloads $111,700 in Stock (TILE)
Interface (NASDAQ:TILE) CEO Daniel Hendrix sold 5,000 shares of the company’s stock on the open market in a transaction dated Tuesday, December 31st. The shares were sold at an average price of $22.34, for a total value of $111,700.00. Following the sale, the chief executive officer now directly owns 591,705 shares in the company, valued at approximately $13,218,690. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Interface (NASDAQ:TILE) traded down 1.91% on Thursday, hitting $21.54. 301,845 shares of the company’s stock traded hands. Interface has a 52-week low of $15.13 and a 52-week high of $22.46. The stock’s 50-day moving average is $20.04 and its 200-day moving average is $19.1. The company has a market cap of $1.428 billion and a P/E ratio of 36.00.
Interface (NASDAQ:TILE) last issued its quarterly earnings data on Thursday, October 24th. The company reported $0.23 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.23. The company had revenue of $254.44 million for the quarter, compared to the consensus estimate of $260.39 million. During the same quarter in the prior year, the company posted ($0.09) earnings per share. The company’s quarterly revenue was up 4.8% on a year-over-year basis.
Interface Inc is an industrials company in the Office Services & Supplies industry.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.