Culp (NYSE:CULP) CEO Purchases $18,423.72 in Stock

Posted by Stanley Muller on Sep 21st, 2026

Culp, Inc. (NYSE:CULP – Get Free Report) CEO Robert George Iv Culp bought 4,874 shares of Culp stock in a transaction on Friday, September 18th. The stock was purchased at an average price of $3.78 per share, for a total transaction of $18,423.72. Following the completion of the acquisition, the chief executive officer owned 133,959 shares in the company, valued at $506,365.02. This represents a 3.78% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Robert George Iv Culp also recently made the following trade(s):

On Thursday, July 9th, Robert George Iv Culp bought 2,768 shares of Culp stock. The stock was purchased at an average cost of $3.33 per share, with a total value of $9,217.44.

Culp Trading Down 1.8%

Shares of NYSE:CULP traded down $0.07 during midday trading on Monday, reaching $3.56. The company’s stock had a trading volume of 83,478 shares, compared to its average volume of 48,239. The business has a 50 day moving average price of $3.52 and a 200 day moving average price of $3.24. The company has a quick ratio of 0.79, a current ratio of 1.76 and a debt-to-equity ratio of 0.13. Culp, Inc. has a 1 year low of $2.70 and a 1 year high of $4.75. The firm has a market cap of $45.40 million, a price-to-earnings ratio of -4.15 and a beta of 1.19.

Culp (NYSE:CULP – Get Free Report) last announced its quarterly earnings data on Wednesday, September 9th. The textile maker reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.03. Culp had a negative net margin of 5.24% and a negative return on equity of 12.53%. The business had revenue of $53.97 million for the quarter, compared to analyst estimates of $53.20 million.

Wall Street Analysts Forecast Growth

Separately, Zacks Research downgraded shares of Culp from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 7th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce”.

View Our Latest Report on Culp

Institutional Investors Weigh In On Culp

Large investors have recently modified their holdings of the business. Hsbc Holdings PLC bought a new position in shares of Culp in the second quarter worth about $47,000. Grace & White Inc. NY grew its holdings in shares of Culp by 24.7% during the 1st quarter. Grace & White Inc. NY now owns 150,763 shares of the textile maker’s stock valued at $413,000 after purchasing an additional 29,845 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in Culp during the 2nd quarter worth approximately $158,000. Finally, BlackRock Inc. acquired a new position in Culp during the 2nd quarter worth approximately $863,000. Institutional investors and hedge funds own 75.05% of the company’s stock.

About Culp

(Get Free Report)

Culp, Inc is a manufacturer and marketer of mattress fabrics and upholstery fabrics. The company supplies textile products used by bedding manufacturers, furniture producers, and other customers in residential, commercial, hospitality, and related end markets.

Through its Mattress Fabrics segment, Culp produces knitted and woven fabrics used in mattress covers, ticking, foundations, and other bedding applications. Its Upholstery Fabrics segment provides fabrics for residential furniture as well as commercial and hospitality furnishings, offering a range of designs, textures, and performance characteristics.

Founded in 1972 and headquartered in High Point, North Carolina, Culp serves customers in the United States and international markets through manufacturing and distribution operations in multiple countries.