The Chairman & CEO of Bassett Furniture Industries (NASDAQ: BSET) is Buying Shares

Today, the Chairman & CEO of Bassett Furniture Industries (BSETResearch Report), Robert Spilman, bought shares of BSET for $8,817.

In addition to Robert Spilman, 2 other BSET executives reported Buy trades in the last month.

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Based on Bassett Furniture Industries’ latest earnings report for the quarter ending February 28, the company posted quarterly revenue of $121 million and quarterly net profit of $608K. In comparison, last year the company earned revenue of $110 million and had a GAAP net loss of $913K. BSET’s market cap is $177.5M and the company has a P/E ratio of 18.38. Currently, Bassett Furniture Industries has an average volume of 6,154.

In the last 30 days, insiders have sold $15.62K worth of BSET shares and purchased $94.32K worth of BSET shares. The insider sentiment on Bassett Furniture Industries has been neutral according to 30 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

Robert Spilman’s trades have generated a 51.8% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Bassett Furniture Industries, Inc. manufactures, markets and retails home furnishings. It operates through the following segments: Wholesale, Retail, and Logistical Services. The Wholesale segment focuses on the design, manufacture, sourcing, sale and distribution of furniture products.

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