Flexsteel Industries VP Jeffrey T. Bertsch Sells 5,816 Shares (FLXS)
Flexsteel Industries (NASDAQ:FLXS) VP Jeffrey T. Bertsch sold 5,816 shares of Flexsteel Industries stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $36.55, for a total transaction of $212,574.80. Following the completion of the sale, the vice president now directly owns 215,714 shares of the company’s stock, valued at approximately $7,884,347. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Flexsteel Industries (NASDAQ:FLXS) traded up 1.81% during mid-day trading on Wednesday, hitting $36.925. 4,255 shares of the company’s stock traded hands. Flexsteel Industries has a 52 week low of $18.56 and a 52 week high of $37.27. The stock has a 50-day moving average of $31.01 and a 200-day moving average of $27.20. The company has a market cap of $266.7 million and a P/E ratio of 21.90.
Flexsteel Industries (NASDAQ:FLXS) last announced its earnings results on Wednesday, February 5th. The company reported $0.60 earnings per share for the quarter. On average, analysts predict that Flexsteel Industries will post $2.17 earnings per share for the current fiscal year.
Separately, analysts at Singular Research initiated coverage on shares of Flexsteel Industries in a research note on Tuesday, January 21st. They set a “buy” rating and a $42.50 price target on the stock.
Flexsteel Industries, Inc is manufacturer, importer and marketer of residential and commercial upholstered and wooden furniture products in the United States.
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