Interface, Inc. (NASDAQ:TILE – Get Free Report) VP James Poppens sold 2,650 shares of the company’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $29.11, for a total transaction of $77,141.50. Following the completion of the sale, the vice president directly owned 116,846 shares of the company’s stock, valued at $3,401,387.06. The trade was a 2.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
James Poppens also recently made the following trade(s):
- On Friday, March 6th, James Poppens sold 8,000 shares of Interface stock. The stock was sold at an average price of $28.05, for a total value of $224,400.00.
- On Thursday, March 5th, James Poppens sold 5,000 shares of Interface stock. The shares were sold at an average price of $28.11, for a total value of $140,550.00.
- On Tuesday, March 3rd, James Poppens sold 10,000 shares of Interface stock. The stock was sold at an average price of $29.42, for a total value of $294,200.00.
Interface Price Performance
TILE stock opened at $28.14 on Friday. The stock has a market cap of $1.64 billion, a P/E ratio of 14.36, a P/E/G ratio of 0.92 and a beta of 1.87. The company has a current ratio of 2.34, a quick ratio of 1.18 and a debt-to-equity ratio of 0.27. The stock’s fifty day simple moving average is $31.18 and its two-hundred day simple moving average is $28.75. Interface, Inc. has a 1-year low of $17.24 and a 1-year high of $35.11.
Interface Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Friday, March 27th will be issued a $0.03 dividend. This is a boost from Interface’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend is Friday, March 27th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.4%. Interface’s payout ratio is presently 4.08%.
Institutional Investors Weigh In On Interface
A number of hedge funds and other institutional investors have recently bought and sold shares of TILE. CIBC Private Wealth Group LLC lifted its position in shares of Interface by 180.3% during the fourth quarter. CIBC Private Wealth Group LLC now owns 981 shares of the textile maker’s stock worth $27,000 after acquiring an additional 631 shares in the last quarter. TD Private Client Wealth LLC bought a new stake in shares of Interface during the 3rd quarter valued at $32,000. Blue Trust Inc. purchased a new stake in Interface during the 3rd quarter worth about $34,000. Larson Financial Group LLC grew its holdings in Interface by 114.6% during the 3rd quarter. Larson Financial Group LLC now owns 1,176 shares of the textile maker’s stock valued at $34,000 after buying an additional 628 shares in the last quarter. Finally, Wexford Capital LP purchased a new position in Interface during the 3rd quarter valued at about $43,000. Institutional investors own 98.34% of the company’s stock.
Analyst Upgrades and Downgrades
A number of analysts have issued reports on the company. Wall Street Zen downgraded Interface from a “strong-buy” rating to a “buy” rating in a research report on Sunday, March 1st. Weiss Ratings upgraded Interface from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 20th. Barrington Research lifted their price objective on Interface from $32.00 to $36.00 and gave the stock an “outperform” rating in a report on Friday, January 23rd. Finally, Zacks Research cut Interface from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $36.00.
Get Our Latest Stock Analysis on Interface
Key Headlines Impacting Interface
Here are the key news stories impacting Interface this week:
- Positive Sentiment: Quarterly earnings beat — Interface reported $0.49 EPS vs. $0.40 expected, showing improving profitability and year‑over‑year EPS growth; that beat supports valuation and investor confidence. MarketBeat TILE page
- Positive Sentiment: Dividend increase — the board raised the quarterly payout to $0.03 (annualized $0.12), signaling confidence in cash flow and adding modest income appeal. MarketBeat TILE page
- Positive Sentiment: Institutional buying — multiple hedge funds and asset managers materially increased stakes in Q4 (Fuller & Thaler, UBS, Balyasny, etc.), which can provide a stable shareholder base and reduce volatility. MarketBeat TILE page
- Neutral Sentiment: Technicals/analyst views — Zacks notes TILE is in oversold territory and analysts have been raising estimates, which could support a technical bounce; consensus target remains around $36. Zacks turnaround article
- Negative Sentiment: Insider selling — VP James Poppens sold shares on multiple days (Mar 3–6), totaling roughly 25k+ shares across consecutive transactions; while insiders still hold large positions, the volume and cadence of sales can be perceived as a near‑term negative signal. SEC filing: SEC filing
Interface Company Profile
Interface, Inc (NASDAQ: TILE) is a global manufacturer of modular flooring and resilient commercial flooring solutions. The company specializes in carpet tiles, luxury vinyl tile (LVT) and other environmentally responsible hard-surface products designed for use in corporate, education, healthcare, hospitality and retail environments. Interface’s portfolio also includes broadloom carpet, rubber flooring and acoustic underlays, all engineered to meet performance, design and sustainability requirements in modern interior spaces.
Founded in 1973 by Ray C.
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