Douglas H. Diefenbach Sells 666 Shares of Ethan Allen Interiors Inc. (NYSE:ETD) Stock

Ethan Allen Interiors Inc. (NYSE:ETD) SVP Douglas H. Diefenbach sold 666 shares of the firm’s stock in a transaction on Monday, May 19th. The shares were sold at an average price of $27.17, for a total value of $18,095.22. Following the transaction, the senior vice president now owns 6,097 shares of the company’s stock, valued at $165,655.49. The trade was a 9.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Ethan Allen Interiors Price Performance

Shares of NYSE:ETD opened at $26.06 on Thursday. Ethan Allen Interiors Inc. has a 1-year low of $24.55 and a 1-year high of $35.62. The business has a fifty day moving average price of $27.20 and a 200-day moving average price of $28.38. The company has a market capitalization of $662.63 million, a PE ratio of 10.95 and a beta of 1.20.

Ethan Allen Interiors (NYSE:ETD) last issued its quarterly earnings results on Monday, May 5th. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.07). Ethan Allen Interiors had a net margin of 9.76% and a return on equity of 12.62%. The company had revenue of $142.70 million for the quarter, compared to the consensus estimate of $146.85 million. During the same quarter in the previous year, the business earned $0.48 earnings per share. Ethan Allen Interiors’s revenue was down 2.5% compared to the same quarter last year. On average, sell-side analysts anticipate that Ethan Allen Interiors Inc. will post 2.32 earnings per share for the current fiscal year.

Ethan Allen Interiors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Thursday, May 15th will be issued a $0.39 dividend. The ex-dividend date is Thursday, May 15th. This represents a $1.56 annualized dividend and a yield of 5.99%. Ethan Allen Interiors’s payout ratio is 69.33%.

Institutional Investors Weigh In On Ethan Allen Interiors

Several large investors have recently bought and sold shares of the business. Sanctuary Advisors LLC increased its holdings in Ethan Allen Interiors by 2.4% in the 4th quarter. Sanctuary Advisors LLC now owns 14,831 shares of the company’s stock worth $417,000 after buying an additional 342 shares in the last quarter. Unison Advisors LLC increased its holdings in Ethan Allen Interiors by 1.4% in the 1st quarter. Unison Advisors LLC now owns 30,872 shares of the company’s stock worth $855,000 after buying an additional 414 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Ethan Allen Interiors by 3.6% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,006 shares of the company’s stock worth $366,000 after buying an additional 448 shares in the last quarter. SummerHaven Investment Management LLC increased its holdings in Ethan Allen Interiors by 1.6% in the 1st quarter. SummerHaven Investment Management LLC now owns 28,914 shares of the company’s stock worth $801,000 after buying an additional 463 shares in the last quarter. Finally, HighTower Advisors LLC increased its holdings in Ethan Allen Interiors by 6.9% in the 1st quarter. HighTower Advisors LLC now owns 8,129 shares of the company’s stock worth $225,000 after buying an additional 522 shares in the last quarter. 83.80% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Telsey Advisory Group restated a “market perform” rating on shares of Ethan Allen Interiors in a report on Tuesday, May 6th.

About Ethan Allen Interiors

Ethan Allen Interiors Inc operates as an interior design company, and manufacturer and retailer of home furnishings in the United States, Mexico, Honduras, and Canada. The company operates in two segments, Wholesale and Retail. Its products include case goods items, such as beds, dressers, armoires, tables, chairs, buffets, entertainment units, home office furniture, and wooden accents; upholstery comprising fabric-covered items, such as sleepers, recliners and other motion furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accent items consisting of window treatments and drapery hardware, wall decors, florals, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, wall coverings, and home and garden furnishings.