Tandy Leather Factory, Inc. (NASDAQ:TLF) insider Shannon L. Greene sold 13,277 shares of Tandy Leather Factory stock in a transaction on Wednesday, October 10th. The stock was sold at an average price of $7.25, for a total value of $96,258.25. Following the completion of the sale, the insider now directly owns 196,317 shares of the company’s stock, valued at approximately $1,423,298.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Shares of TLF opened at $7.28 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 8.67 and a quick ratio of 3.10. Tandy Leather Factory, Inc. has a one year low of $6.79 and a one year high of $8.40. The firm has a market capitalization of $67.28 million, a P/E ratio of 13.85 and a beta of 0.63.
Tandy Leather Factory (NASDAQ:TLF) last issued its quarterly earnings data on Thursday, August 2nd. The textile maker reported $0.15 EPS for the quarter. Tandy Leather Factory had a return on equity of 8.80% and a net margin of 5.96%. The company had revenue of $19.18 million during the quarter. Equities research analysts predict that Tandy Leather Factory, Inc. will post 0.66 EPS for the current fiscal year.
An institutional investor recently bought a new position in Tandy Leather Factory stock. Renaissance Technologies LLC acquired a new position in Tandy Leather Factory, Inc. (NASDAQ:TLF) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 19,100 shares of the textile maker’s stock, valued at approximately $149,000. Renaissance Technologies LLC owned 0.21% of Tandy Leather Factory at the end of the most recent reporting period. Institutional investors and hedge funds own 54.08% of the company’s stock.
Separately, TheStreet lowered Tandy Leather Factory from a “b-” rating to a “c” rating in a report on Monday, October 8th.
Tandy Leather Factory Company Profile
Tandy Leather Factory, Inc operates as a retailer and wholesale distributor of a range of leather and leathercraft related items. It operates through two segments, North America and International. The company offers leather, quality tools, hardware, accessories, liquids, lace, kits, open workbenches, and teaching materials.
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