Ethan Allen Interiors Inc. (NYSE:ETD - Get Free Report) CEO M Farooq Kathwari sold 10,000 shares of the stock in a transaction on Thursday, April 17th. The stock was sold at an average price of $26.31, for a total transaction of $263,100.00. Following the completion of the sale, the chief executive officer now owns 1,621,905 shares in the company, valued at $42,672,320.55. The trade was a 0.61 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
M Farooq Kathwari also recently made the following trade(s):
- On Monday, March 17th, M Farooq Kathwari sold 10,000 shares of Ethan Allen Interiors stock. The shares were sold at an average price of $26.70, for a total transaction of $267,000.00.
- 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 shares were sold at an average price of $28.67, for a total value of $286,700.00.
Ethan Allen Interiors Stock Up 2.1 %
ETD stock opened at $26.47 on Friday. Ethan Allen Interiors Inc. has a 52-week low of $24.55 and a 52-week high of $35.62. The firm has a market cap of $673.06 million, a P/E ratio of 11.12 and a beta of 1.18. The company's 50-day simple moving average is $27.63 and its 200-day simple moving average is $28.81.
Ethan Allen Interiors (NYSE:ETD - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The company reported $0.59 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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, analysts anticipate that Ethan Allen Interiors Inc. will post 2.32 earnings per share for the current fiscal year.
Ethan Allen Interiors Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Tuesday, February 11th were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 5.89%. The ex-dividend date of this dividend was Tuesday, February 11th. Ethan Allen Interiors's payout ratio is presently 65.55%.
Analysts Set New Price Targets
ETD has been the subject of several recent research reports. Argus reiterated a "hold" rating on shares of Ethan Allen Interiors in a research report on Monday, January 13th. Telsey Advisory Group reaffirmed a "market perform" rating and set a $32.00 target price on shares of Ethan Allen Interiors in a report on Thursday, January 30th.
View Our Latest Stock Analysis on ETD
Hedge Funds Weigh In On Ethan Allen Interiors
Large investors have recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC grew its position in shares of Ethan Allen Interiors by 2.4% in the fourth quarter. Sanctuary Advisors LLC now owns 14,831 shares of the company's stock valued at $417,000 after purchasing an additional 342 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Ethan Allen Interiors by 3.6% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,006 shares of the company's stock worth $366,000 after buying an additional 448 shares during the last quarter. SummerHaven Investment Management LLC increased its stake in Ethan Allen Interiors by 1.6% during the 1st quarter. SummerHaven Investment Management LLC now owns 28,914 shares of the company's stock worth $801,000 after buying an additional 463 shares in the last quarter. Gotham Asset Management LLC raised its holdings in shares of Ethan Allen Interiors by 5.8% during the fourth quarter. Gotham Asset Management LLC now owns 10,237 shares of the company's stock valued at $288,000 after acquiring an additional 561 shares during the last quarter. Finally, Exchange Traded Concepts LLC lifted its position in shares of Ethan Allen Interiors by 6.8% in the fourth quarter. Exchange Traded Concepts LLC now owns 10,218 shares of the company's stock valued at $287,000 after acquiring an additional 650 shares in the last quarter. 83.80% of the stock is currently owned by institutional investors and hedge funds.
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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