What Did This CEO Just Do with Personal Shares of Ethan Allen (ETH)?


Today, the COB, Pres & CEO of Ethan Allen (NYSE: ETH), Farooq Kathwari, sold shares of ETH for $814.8K.

This is Kathwari’s first Sell trade following 3 Buy transactions.

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Based on Ethan Allen’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $206 million and quarterly net profit of $11.48 million. In comparison, last year the company earned revenue of $195 million and had a net profit of $11.68 million. ETH’s market cap is $567.7M and the company has a P/E ratio of 16.21. Currently, Ethan Allen has an average volume of 23.12K.

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Ethan Allen Interiors, Inc. is engaged in manufacturing home furnishings and accessories. The firm offers a full complement of home decorating and design solutions through its home furnishing retail networks. It operates through Wholesale, and Retail segments.

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