Interface Inc’s recently made public that its Director HENDRIX DANIEL T unloaded Company’s shares for reported $0.15 million on Mar 03 ’25. In the deal valued at $19.95 per share,7,500 shares were sold. As a result of this transaction, HENDRIX DANIEL T now holds 96,147 shares worth roughly $1.9 million.
Then, HENDRIX DANIEL T bought 7,500 shares, generating $149,627 in total proceeds.
Before that, HENDRIX DANIEL T sold 12,500 shares. Interface Inc shares valued at $297,250 were divested by the Director at a price of $23.78 per share. As a result of the transaction, HENDRIX DANIEL T now holds 103,647 shares, worth roughly $2.05 million.
Barrington Research initiated its Interface Inc [TILE] rating to an Outperform in a research note published on April 15, 2024; the price target was $20. A number of analysts have revised their coverage, including Longbow’s analysts, who increased its forecast for the stock in early March from “a Neutral” to “a Buy”. Truist also remained covering TILE and has decreased its forecast on February 22, 2023 with a “Hold” recommendation from previously “Buy” rating. Raymond James revised its rating on November 08, 2021. It rated TILE as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of TILE
On Friday, Interface Inc [NASDAQ:TILE] saw its stock fall -3.09% to $19.75. Over the last five days, the stock has gained 0.05%. Interface Inc shares have fallen nearly -18.89% since the year began. Nevertheless, the stocks have risen 15.36% over the past one year. While a 52-week high of $27.34 was reached on 01/30/25, a 52-week low of $14.12 was recorded on 03/10/25. SMA at 50 days reached $21.52, while 200 days put it at $20.27.
Levels Of Support And Resistance For TILE Stock
The 24-hour chart illustrates a support level at 19.38, which if violated will result in even more drops to 19.01. On the upside, there is a resistance level at 20.30. A further resistance level may holdings at 20.85. The Relative Strength Index (RSI) on the 14-day chart is 45.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 32.46%. Stochastics %K at 84.60% indicates the stock is a selling.
How much short interest is there in Interface Inc?
A steep rise in short interest was recorded in Interface Inc stocks on 2025-03-14, growing by 0.77 million shares to a total of 3.55 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.78 million shares. There was a rise of 21.74%, which implies that there is a positive sentiment for the stock.
