Today, the Chairman & CEO of HNI Corporation (NYSE: HNI), Stanley Askren, bought shares of HNI for $784.8K.
Following this transaction Stanley Askren’s holding in the company was increased by 13.53% to a total of $9.03 million.
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Based on HNI Corporation’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $505 million and quarterly net profit of $2.51 million. In comparison, last year the company earned revenue of $478 million and had a net profit of $4.84 million. HNI’s market cap is $1.62B and the company has a P/E ratio of 18.79. Currently, HNI Corporation has an average volume of 24.14K.
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HNI Corp. is engaged in the manufacturing and trading of office furniture. It operates through two segments: Office Furniture and Hearth Products. The Office Furniture segment manufactures storage products, desks, credenzas, chairs, tables, bookcases, freestanding office partitions, and panel systems.
