Stanley Furniture Co. (NASDAQ:STLY) major shareholder Solas Capital Management, Llc acquired 96,030 shares of the company’s stock in a transaction dated Monday, May 13th. The shares were purchased at an average price of $0.53 per share, for a total transaction of $50,895.90. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
STLY opened at $0.53 on Wednesday. Stanley Furniture Co. has a 52-week low of $0.40 and a 52-week high of $0.73.
COPYRIGHT VIOLATION WARNING: “Stanley Furniture Co. (STLY) Major Shareholder Solas Capital Management, Llc Buys 96,030 Shares” was first published by WKRB News and is owned by of WKRB News. If you are reading this piece on another domain, it was illegally copied and republished in violation of international trademark and copyright legislation. The legal version of this piece can be viewed at https://www.wkrb13.com/2019/05/15/stanley-furniture-co-stly-major-shareholder-solas-capital-management-llc-buys-96030-shares.html.
About Stanley Furniture
Further Reading: Terms to Better Understand Call Options
Receive News & Ratings for Stanley Furniture Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stanley Furniture and related companies with MarketBeat.com's FREE daily email newsletter.