Ethan Allen Interiors Inc. (NYSE:ETD - Get Free Report) CEO M Farooq Kathwari sold 10,000 shares of the firm's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $26.70, for a total transaction of $267,000.00. Following the completion of the sale, the chief executive officer now directly owns 1,631,905 shares of the company's stock, valued at approximately $43,571,863.50. The trade was a 0.61 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
M Farooq Kathwari also recently made the following trade(s):
- On Tuesday, February 18th, M Farooq Kathwari sold 10,000 shares of Ethan Allen Interiors stock. The shares were sold at an average price of $29.27, for a total value of $292,700.00.
- On Friday, January 17th, M Farooq Kathwari sold 10,000 shares of Ethan Allen Interiors stock. The stock was sold at an average price of $28.67, for a total value of $286,700.00.
Ethan Allen Interiors Trading Up 0.1 %
ETD traded up $0.02 during midday trading on Friday, hitting $27.45. 163,424 shares of the company were exchanged, compared to its average volume of 232,412. The company's 50 day simple moving average is $28.66 and its 200 day simple moving average is $29.40. The firm has a market capitalization of $697.98 million, a price-to-earnings ratio of 11.44 and a beta of 1.27. Ethan Allen Interiors Inc. has a 1-year low of $26.13 and a 1-year high of $35.62.
Ethan Allen Interiors (NYSE:ETD - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The company reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.01). Ethan Allen Interiors had a return on equity of 12.62% and a net margin of 9.76%. On average, equities analysts anticipate that Ethan Allen Interiors Inc. will post 2.32 EPS for the current year.
Ethan Allen Interiors Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Tuesday, February 11th were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.68%. The ex-dividend date was Tuesday, February 11th. Ethan Allen Interiors's dividend payout ratio (DPR) is presently 65.55%.
Institutional Investors Weigh In On Ethan Allen Interiors
A number of institutional investors have recently modified their holdings of the business. Total Wealth Planning & Management Inc. acquired a new stake in shares of Ethan Allen Interiors during the 4th quarter valued at about $401,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Ethan Allen Interiors in the 4th quarter valued at about $2,480,000. PharVision Advisers LLC purchased a new position in Ethan Allen Interiors in the 4th quarter valued at about $310,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Ethan Allen Interiors by 6.5% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 39,241 shares of the company's stock valued at $1,103,000 after buying an additional 2,389 shares in the last quarter. Finally, Vident Advisory LLC lifted its stake in Ethan Allen Interiors by 7.6% in the 4th quarter. Vident Advisory LLC now owns 17,267 shares of the company's stock valued at $485,000 after buying an additional 1,215 shares in the last quarter. 83.80% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
ETD has been the subject of a number of analyst reports. Argus restated a "hold" rating on shares of Ethan Allen Interiors in a report on Monday, January 13th. Telsey Advisory Group reissued a "market perform" rating and issued a $32.00 target price on shares of Ethan Allen Interiors in a research report on Thursday, January 30th.
View Our Latest Research Report on Ethan Allen Interiors
About Ethan Allen Interiors
(
Get Free Report)
Ethan Allen Interiors Inc operates as an interior design company, and manufacturer and retailer of home furnishings in the United States, Mexico, Honduras, and Canada. The company operates in two segments, Wholesale and Retail. Its products include case goods items, such as beds, dressers, armoires, tables, chairs, buffets, entertainment units, home office furniture, and wooden accents; upholstery comprising fabric-covered items, such as sleepers, recliners and other motion furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accent items consisting of window treatments and drapery hardware, wall decors, florals, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, wall coverings, and home and garden furnishings.
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