Flexsteel Industries VP Unloads $271,271 in Stock (FLXS)
Flexsteel Industries (NASDAQ:FLXS) VP Donald D. Dreher sold 7,700 shares of the company’s stock on the open market in a transaction dated Monday, August 25th. The stock was sold at an average price of $35.23, for a total value of $271,271.00. Following the transaction, the vice president now directly owns 8,300 shares in the company, valued at approximately $292,409. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Flexsteel Industries (NASDAQ:FLXS) traded up 0.17% during mid-day trading on Tuesday, hitting $35.47. The stock had a trading volume of 4,059 shares. Flexsteel Industries has a 1-year low of $22.40 and a 1-year high of $40.44. The stock’s 50-day moving average is $32.32 and its 200-day moving average is $34.57. The company has a market cap of $260.0 million and a P/E ratio of 17.70.
Flexsteel Industries (NASDAQ:FLXS) last announced its earnings results on Tuesday, August 19th. The company reported $0.70 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.69 by $0.01. On average, analysts predict that Flexsteel Industries will post $2.58 earnings per share for the current fiscal year.
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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