Flexsteel Industries Inc
NASDAQ:FLXS
During the last 3 months Flexsteel Industries Inc insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 31% over this period (open performance analysis).
The last transaction was made on
Nov 4, 2024
by
Mcclaflin Michael Joseph
(Senior Vice President of Global Supply Chain and Manufacturing)
, who
sold
174.7k USD
worth of FLXS shares.
During the last 3 months Flexsteel Industries Inc insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 31% over this period (open performance analysis).
The last transaction was made on
Nov 4, 2024
by
Mcclaflin Michael Joseph
(Senior Vice President of Global Supply Chain and Manufacturing)
, who
sold
174.7k USD
worth of FLXS shares.
Flexsteel Industries Inc
Glance View
Flexsteel Industries, Inc. engages in the manufacturing, import and marketing of residential and commercial upholstered and wood furniture products. The company is headquartered in Dubuque, Iowa and currently employs 665 full-time employees. The firm offers a range of variety of furniture such as sofas, loveseats, chairs, reclining and rocker-reclining chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs and bedroom furniture. The firm's furniture products business involves the distribution of manufactured and imported products consisting of a range of furniture for residential and contract markets. The firm distributes its products throughout the United States through its e-commerce channel and dealer network. The company operated manufacturing facilities located in Georgia and Juarez, Mexico.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
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