An Insider at Tandy Leather Factory (TLF) is Selling Shares

Today, an Insider at Tandy Leather Factory (NASDAQ: TLF), Shannon Greene, sold shares of TLF for $96.3K.

This is Greene’s first Sell trade following 26 Buy transactions. Following Shannon Greene’s last TLF Sell transaction on August 16, 2010, the stock climbed by 3.5%.

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Based on Tandy Leather Factory’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $19.18 million and quarterly net profit of $1.44 million. In comparison, last year the company earned revenue of $18.39 million and had a net profit of $521.4K. TLF’s market cap is $65.91M and the company has a P/E ratio of 13.48. Currently, Tandy Leather Factory has an average volume of 13.05K.

Shannon Greene’s trades have generated a 38.1% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Tandy Leather Factory, Inc. engages in the distribution of leather and related products. It offers leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. It operates through North America and International geographical segments.

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