James Poppens Sells 8,000 Shares of Interface (NASDAQ:TILE) Stock

Interface, Inc. (NASDAQ:TILE) VP James Poppens sold 8,000 shares of Interface stock in a transaction on Friday, March 6th. The stock was sold at an average price of $28.05, for a total transaction of $224,400.00. Following the sale, the vice president directly owned 103,846 shares of the company’s stock, valued at approximately $2,912,880.30. This trade represents a 7.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

James Poppens also recently made the following trade(s):

• On Thursday, March 5th, James Poppens sold 5,000 shares of Interface stock. The shares were sold at an average price of $28.11, for a total value of $140,550.00.
• On Wednesday, March 4th, James Poppens sold 2,650 shares of Interface stock. The shares were sold at an average price of $29.11, for a total value of $77,141.50.
• On Tuesday, March 3rd, James Poppens sold 10,000 shares of Interface stock. The shares were sold at an average price of $29.42, for a total value of $294,200.00.

Interface Price Performance

Shares of NASDAQ TILE opened at $28.14 on Friday. The business has a 50-day moving average of $31.18 and a two-hundred day moving average of $28.76. The company has a market capitalization of $1.64 billion, a price-to-earnings ratio of 14.36, a price-to-earnings-growth ratio of 0.92 and a beta of 1.87. Interface, Inc. has a 1 year low of $17.24 and a 1 year high of $35.11. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.34 and a quick ratio of 1.18.

Interface (NASDAQ:TILE) last released its quarterly earnings data on Tuesday, February 24th. The textile maker reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.09. Interface had a return on equity of 19.54% and a net margin of 8.37%.The business had revenue of $349.39 million for the quarter, compared to the consensus estimate of $350.54 million. During the same quarter in the prior year, the business posted $0.34 EPS. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. On average, analysts forecast that Interface, Inc. will post 1.37 earnings per share for the current fiscal year.

Interface Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Friday, March 27th will be issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.4%. This is a positive change from Interface’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend is Friday, March 27th. Interface’s dividend payout ratio is currently 4.08%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on TILE shares. Barrington Research raised their price objective on shares of Interface from $32.00 to $36.00 and gave the stock an “outperform” rating in a report on Friday, January 23rd. Zacks Research downgraded shares of Interface from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Wall Street Zen lowered shares of Interface from a “strong-buy” rating to a “buy” rating in a research note on Sunday, March 1st. Finally, Weiss Ratings raised shares of Interface from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 20th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $36.00.

Key Headlines Impacting Interface

Here are the key news stories impacting Interface this week:

• Positive Sentiment: Quarterly earnings beat — Interface reported $0.49 EPS vs. $0.40 expected, showing improving profitability and year?over?year EPS growth; that beat supports valuation and investor confidence. MarketBeat TILE page
• Positive Sentiment: Dividend increase — the board raised the quarterly payout to $0.03 (annualized $0.12), signaling confidence in cash flow and adding modest income appeal. MarketBeat TILE page
• Positive Sentiment: Institutional buying — multiple hedge funds and asset managers materially increased stakes in Q4 (Fuller & Thaler, UBS, Balyasny, etc.), which can provide a stable shareholder base and reduce volatility. MarketBeat TILE page
• Neutral Sentiment: Technicals/analyst views — Zacks notes TILE is in oversold territory and analysts have been raising estimates, which could support a technical bounce; consensus target remains around $36. Zacks turnaround article
• Negative Sentiment: Insider selling — VP James Poppens sold shares on multiple days (Mar 3–6), totaling roughly 25k+ shares across consecutive transactions; while insiders still hold large positions, the volume and cadence of sales can be perceived as a near?term negative signal. SEC filing: SEC filing

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. ProShare Advisors LLC lifted its stake in Interface by 3.2% in the fourth quarter. ProShare Advisors LLC now owns 11,282 shares of the textile maker’s stock valued at $315,000 after buying an additional 349 shares during the last quarter. Larson Financial Group LLC grew its position in shares of Interface by 30.8% during the fourth quarter. Larson Financial Group LLC now owns 1,538 shares of the textile maker’s stock worth $43,000 after acquiring an additional 362 shares during the last quarter. CWM LLC increased its holdings in shares of Interface by 15.1% in the 3rd quarter. CWM LLC now owns 2,857 shares of the textile maker’s stock valued at $83,000 after acquiring an additional 375 shares during the period. Los Angeles Capital Management LLC increased its holdings in shares of Interface by 0.7% in the 4th quarter. Los Angeles Capital Management LLC now owns 58,483 shares of the textile maker’s stock valued at $1,560,000 after acquiring an additional 403 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH raised its position in Interface by 1.5% in the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 30,695 shares of the textile maker’s stock valued at $857,000 after purchasing an additional 452 shares during the last quarter. Institutional investors and hedge funds own 98.34% of the company’s stock.

About Interface

Interface, Inc (NASDAQ: TILE) is a global manufacturer of modular flooring and resilient commercial flooring solutions. The company specializes in carpet tiles, luxury vinyl tile (LVT) and other environmentally responsible hard-surface products designed for use in corporate, education, healthcare, hospitality and retail environments. Interface’s portfolio also includes broadloom carpet, rubber flooring and acoustic underlays, all engineered to meet performance, design and sustainability requirements in modern interior spaces.

Founded in 1973 by Ray C.