Stanley Furniture Co. (OTCMKTS:STLY) Major Shareholder Solas Capital Management, Llc Purchases 94,898 Shares

Stanley Furniture Co. (OTCMKTS:STLY) major shareholder Solas Capital Management, Llc acquired 94,898 shares of Stanley Furniture stock in a transaction that occurred on Friday, February 14th. The shares were bought at an average price of $0.55 per share, with a total value of $52,193.90. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Solas Capital Management, Llc also recently made the following trade(s):

  • On Wednesday, January 22nd, Solas Capital Management, Llc acquired 34,000 shares of Stanley Furniture stock. The shares were bought at an average price of $0.56 per share, with a total value of $19,040.00.
  • On Tuesday, January 7th, Solas Capital Management, Llc acquired 8,200 shares of Stanley Furniture stock. The shares were bought at an average price of $0.55 per share, with a total value of $4,510.00.
  • On Tuesday, December 31st, Solas Capital Management, Llc acquired 16,563 shares of Stanley Furniture stock. The shares were bought at an average price of $0.55 per share, with a total value of $9,109.65.
  • On Thursday, December 19th, Solas Capital Management, Llc acquired 150,000 shares of Stanley Furniture stock. The shares were bought at an average price of $0.55 per share, with a total value of $82,500.00.
  • On Monday, December 2nd, Solas Capital Management, Llc acquired 200,000 shares of Stanley Furniture stock. The shares were bought at an average price of $0.57 per share, with a total value of $114,000.00.
  • On Monday, November 25th, Solas Capital Management, Llc acquired 13,100 shares of Stanley Furniture stock. The shares were bought at an average price of $0.55 per share, with a total value of $7,205.00.
  • On Monday, November 18th, Solas Capital Management, Llc acquired 55,002 shares of Stanley Furniture stock. The shares were bought at an average price of $0.57 per share, with a total value of $31,351.14.

OTCMKTS:STLY opened at $0.55 on Friday. Stanley Furniture Co. has a 12-month low of $0.47 and a 12-month high of $0.71. The business has a 50 day simple moving average of $0.55 and a 200 day simple moving average of $0.56.

Stanley Furniture Company Profile

Stanley Furniture Company, Inc is a design, marketing and sourcing resource in the wood residential furniture market. The Company’s segment is sale of residential wood furniture products. The Company markets its brands through a network of brick-and-mortar furniture retailers, online retailers and interior designers around the world.

Read More: What is the definition of arbitrage?

Insider Buying and Selling by Quarter for Stanley Furniture (OTCMKTS:STLY)

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.