The SVP, Upholstery of Bassett Furniture Industries (BSET) is Selling Shares


Today, the SVP, Upholstery of Bassett Furniture Industries (BSET), Mark Jordan, sold shares of BSET for $15.62K.

In addition to Mark Jordan, one other BSET executive reported Sell trades in the last month.

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Based on Bassett Furniture Industries’ latest earnings report for the quarter ending February 28, the company posted quarterly revenue of $121 million and quarterly net profit of $608K. In comparison, last year the company earned revenue of $110 million and had a GAAP net loss of $913K. BSET’s market cap is $188.8M and the company has a P/E ratio of 19.55. Currently, Bassett Furniture Industries has an average volume of 6,256.

In the last 30 days, insiders have sold $15.62K worth of BSET shares and purchased $85.5K worth of BSET shares. The insider sentiment on Bassett Furniture Industries has been neutral according to 29 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Mark Jordan’s trades have generated a 2.8% 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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Bassett Furniture Industries, Inc. manufactures, markets and retails home furnishings. It operates through the following segments: Wholesale, Retail, and Logistical Services. The Wholesale segment focuses on the design, manufacture, sourcing, sale and distribution of furniture products.

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