Benjamin Edwards Inc. purchased a new stake in Natuzzi S.p.A. (NYSE:NTZ - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 125,062 shares of the company's stock, valued at approximately $544,000. Benjamin Edwards Inc. owned about 1.13% of Natuzzi as of its most recent SEC filing.
Separately, Benjamin F. Edwards & Company Inc. increased its holdings in shares of Natuzzi by 2.1% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 121,262 shares of the company's stock valued at $594,000 after purchasing an additional 2,450 shares in the last quarter. 6.07% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Separately, StockNews.com began coverage on shares of Natuzzi in a research note on Wednesday, December 4th. They set a "hold" rating for the company.
Check Out Our Latest Stock Report on NTZ
Natuzzi Stock Down 6.0 %
Shares of NYSE:NTZ traded down $0.31 during trading on Monday, hitting $4.76. 2,861 shares of the company traded hands, compared to its average volume of 4,307. Natuzzi S.p.A. has a one year low of $3.80 and a one year high of $7.20. The business's fifty day moving average is $4.31 and its 200-day moving average is $4.49.
Natuzzi Company Profile
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Free Report)
Natuzzi S.p.A. engages in the design, manufacture, and marketing of leather and fabric upholstered furniture through its own and franchised stores in the United States, Italy, China, Brazil, Spain, Mexico, Canada, Australia, Belgium, the United Arab Emirates, South Korea, Israel, Taiwan, the United Kingdom, and internationally.
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