Insider Selling: Interface (NASDAQ:TILE) VP Sells $294,200.00 in Stock

Interface, Inc. (NASDAQ:TILE) VP James Poppens sold 10,000 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $29.42, for a total transaction of $294,200.00. Following the transaction, the vice president owned 119,496 shares in the company, valued at approximately $3,515,572.32. The trade was a 7.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

James Poppens also recently made the following trade(s):

• On Friday, March 6th, James Poppens sold 8,000 shares of Interface stock. The shares were sold at an average price of $28.05, for a total transaction of $224,400.00.
• On Thursday, March 5th, James Poppens sold 5,000 shares of Interface stock. The shares were sold at an average price of $28.11, for a total transaction of $140,550.00.
• On Wednesday, March 4th, James Poppens sold 2,650 shares of Interface stock. The stock was sold at an average price of $29.11, for a total transaction of $77,141.50.

Interface Price Performance

Shares of TILE opened at $28.14 on Friday. Interface, Inc. has a fifty-two week low of $17.24 and a fifty-two week high of $35.11. The company’s fifty day moving average is $31.18 and its two-hundred day moving average is $28.76. The firm has a market cap of $1.64 billion, a PE ratio of 14.36, a price-to-earnings-growth ratio of 0.92 and a beta of 1.87. The company has a quick ratio of 1.18, a current ratio of 2.34 and a debt-to-equity ratio of 0.27.

Interface (NASDAQ:TILE) last released its quarterly earnings data on Tuesday, February 24th. The textile maker reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.09. Interface had a return on equity of 19.54% and a net margin of 8.37%.The business had revenue of $349.39 million during the quarter, compared to the consensus estimate of $350.54 million. During the same period in the prior year, the firm posted $0.34 EPS. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. Analysts forecast that Interface, Inc. will post 1.37 earnings per share for the current year.

Interface Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Friday, March 27th will be issued a $0.03 dividend. This is a positive change from Interface’s previous quarterly dividend of $0.02. The ex-dividend date is Friday, March 27th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.4%. Interface’s dividend payout ratio (DPR) is 4.08%.

Institutional Investors Weigh In On Interface

Hedge funds and other institutional investors have recently bought and sold shares of the business. CIBC Private Wealth Group LLC raised its position in shares of Interface by 180.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 981 shares of the textile maker’s stock valued at $27,000 after purchasing an additional 631 shares in the last quarter. TD Private Client Wealth LLC acquired a new stake in shares of Interface during the third quarter worth approximately $32,000. Blue Trust Inc. bought a new stake in shares of Interface in the third quarter worth $34,000. Larson Financial Group LLC increased its stake in shares of Interface by 114.6% in the third quarter. Larson Financial Group LLC now owns 1,176 shares of the textile maker’s stock worth $34,000 after buying an additional 628 shares during the last quarter. Finally, EverSource Wealth Advisors LLC acquired a new stake in Interface in the second quarter valued at $35,000. 98.34% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Interface

Here are the key news stories impacting Interface this week:

• Positive Sentiment: Quarterly earnings beat — Interface reported $0.49 EPS vs. $0.40 expected, showing improving profitability and year‑over‑year EPS growth; that beat supports valuation and investor confidence. MarketBeat TILE page
• Positive Sentiment: Dividend increase — the board raised the quarterly payout to $0.03 (annualized $0.12), signaling confidence in cash flow and adding modest income appeal. MarketBeat TILE page
• Positive Sentiment: Institutional buying — multiple hedge funds and asset managers materially increased stakes in Q4 (Fuller & Thaler, UBS, Balyasny, etc.), which can provide a stable shareholder base and reduce volatility. MarketBeat TILE page
• Neutral Sentiment: Technicals/analyst views — Zacks notes TILE is in oversold territory and analysts have been raising estimates, which could support a technical bounce; consensus target remains around $36. Zacks turnaround article
• Negative Sentiment: Insider selling — VP James Poppens sold shares on multiple days (Mar 3–6), totaling roughly 25k+ shares across consecutive transactions; while insiders still hold large positions, the volume and cadence of sales can be perceived as a near‑term negative signal. SEC filing: SEC filing

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on TILE shares. Weiss Ratings upgraded Interface from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 20th. Wall Street Zen cut shares of Interface from a “strong-buy” rating to a “buy” rating in a research report on Sunday, March 1st. Barrington Research boosted their price objective on shares of Interface from $32.00 to $36.00 and gave the stock an “outperform” rating in a research note on Friday, January 23rd. Finally, Zacks Research lowered shares of Interface from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $36.00.

Interface Company Profile

Interface, Inc (NASDAQ: TILE) is a global manufacturer of modular flooring and resilient commercial flooring solutions. The company specializes in carpet tiles, luxury vinyl tile (LVT) and other environmentally responsible hard-surface products designed for use in corporate, education, healthcare, hospitality and retail environments. Interface’s portfolio also includes broadloom carpet, rubber flooring and acoustic underlays, all engineered to meet performance, design and sustainability requirements in modern interior spaces.

Founded in 1973 by Ray C.