Culp Inc. (CFI): Chairman’s Stock is Up For Sale

0

Robert G. Culp III, Chairman of the Board at Culp Inc. (NYSE:CFI) disclosed today the disposal of 519 shares of common stock on October 17, 2014, at a unit price of $19. This is Mr. Gulp’s fifth sale this year, keeping under indirect ownership 1,448,775 shares and an additional 114,738 directly.

Franklin N. Saxon, Chief Executive Officer at Culp Inc. (NYSE:CFI) has also been active this year, selling a total of 227,197 shares of common stock with prices ranging from $20.45 to $20.75.

Jim Simons’ Renaissance Technologies is the largest shareholding institution (amongst those we track) at Culp Inc. (NYSE:CFI) owning  a total of 566,396 at an estimated value of 9.8 million, after reporting a 9% increment for the last filling period.

Culp Inc. (NYSE:CFI) manufactures, sources, and markets mattress fabrics used for covering mattresses, box springs, and foundations and upholstery fabrics primarily for use in production of upholstered furniture.

Suggested Articles:

Best TED Talks in Technology

Most Sexually Active Countries

Share.