Insider Trading Update: Interface, Inc. (NASDAQ:TILE)

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Interface, Inc. (NASDAQ:TILE) insider have most recently took part in a trading activity. On Jun 29, 2016 Gould Jay, President & COO bought 10,000 shares having total worth of $147,600 at the price of $14.76 per share, following the transaction a total of 103,961 shares owned by Gould Jay.

The stock has experienced a total of 3 insider trades in the past three months. These trades include 3 sell activities .Furthermore, over the past 12 months , the stock was traded 16 times by insiders. In 16 of these trades, the insider was a seller .

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 0 3 -11.24%
12 Month 0 16 -9.63%

Shares of Interface, Inc. (NASDAQ:TILE) traded up 2.32% on Jun 29, 2016, hitting $15.01. 1,113,700 shares of the company’s stock traded hands. Interface, Inc. has a 52 week low of $14.67 and a 52 week high of $26.45. The company’s market cap is $983 million.

Interface, Inc. (NASDAQ:TILE) last announced its earnings results on Apr 27, 2016. The company reported 0.20 earnings per share (EPS) for the quarter, same as the consensus estimate of 0.20. The company had revenue of $223 million for the quarter, compared to the consensus estimate of $225 million. During the same quarter in the previous year, the company posted 0.19 earnings per share. The company’s revenue for the quarter was down 6% on a year-over-year basis.

2016-04-27 2016-02-24 2015-10-28 2015-07-29 2015-04-29 2015-02-18 2014-10-22 2014-07-23 2014-04-23 2014-02-19
earnings per share 0.20 0.28 0.31 0.33 0.19 0.24 0.13 0.20 0.06 0.23
Revenue(M) 222.55 246.64 254.69 263.64 236.9 272.1 252.2 260.6 218.99 251.7

Interface, Inc. has been the subject of a number of recent research reports. Analysts at Raymond James Downgrades shares of Interface, Inc. from a Market Perform rating to an Underperform rating in a research note.

Interface Inc. engages in the design, production, and sale of modular carpet for commercial, institutional, and residential customers. The company offers modular and broadloom floor coverings with a focus on the high-quality, designer-oriented sector of the market, and provides specialized carpet replacement, installation and maintenance services. Additionally, the company offers Intersept, a proprietary antimicrobial used in a number of interior finishes, carpet tile installation systems under TacTiles brand, as well as traditional adhesives and products. In addition it provides commercial carpet installation services; and project management services for national accounts and other customers. The company markets products in over 110 countries under brand names such as InterfaceFLOR(r), Heuga(r), Bentley Prince Street and FLOR in modular carpet; Bentley Prince Street and Prince Street House and Home in broadloom carpet; and Intersept(r) in antimicrobial chemicals. The company’s principal geographic markets are the Americas, Europe and Asia-Pacific, where the percentages of total net sales were approximately 55%, 34% and 11%, respectively, for fiscal year 2008. The company sells its products to retail space, government institutions, schools, healthcare facilities, tenant improvement space, hospitality centers, residences, home office space, architects, engineers, interior designers, and contracting firms.. Interface manufactures carpet at three locations in the United States and at facilities in the Netherlands, the United Kingdom, Australia and Thailand.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.