James Poppens Sells 10,000 Shares of Interface (NASDAQ:TILE) Stock

Interface, Inc. (NASDAQ:TILE) VP James Poppens sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $29.42, for a total value of $294,200.00. Following the completion of the transaction, the vice president directly owned 119,496 shares of the company’s stock, valued at $3,515,572.32. This trade represents a 7.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Friday, March 6th, James Poppens sold 8,000 shares of Interface stock. The shares were sold at an average price of $28.05, for a total transaction of $224,400.00.
• 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 transaction of $140,550.00.
• On Wednesday, March 4th, James Poppens sold 2,650 shares of Interface stock. The stock was sold at an average price of $29.11, for a total value of $77,141.50.

Interface Price Performance

Shares of NASDAQ TILE opened at $28.14 on Friday. The business has a 50-day moving average price of $31.18 and a 200 day moving average price of $28.75. The stock has a market cap of $1.64 billion, a PE ratio of 14.36, a price-to-earnings-growth ratio of 0.92 and a beta of 1.87. The company has a quick ratio of 1.18, a current ratio of 2.34 and a debt-to-equity ratio of 0.27. Interface, Inc. has a 52-week low of $17.24 and a 52-week high of $35.11.

Interface (NASDAQ:TILE) last posted its quarterly earnings data on Tuesday, February 24th. The textile maker reported $0.49 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $350.54 million. During the same period in the prior year, the company earned $0.34 earnings per share. The company’s revenue was up 4.3% compared to the same quarter last year. Equities research analysts forecast that Interface, Inc. will post 1.37 earnings per share for the current year.

Interface Increases Dividend

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

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

Hedge Funds Weigh In On Interface

Several hedge funds have recently added to or reduced their stakes in TILE. CIBC Private Wealth Group LLC increased its stake in shares of Interface by 180.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 981 shares of the textile maker’s stock worth $27,000 after purchasing an additional 631 shares in the last quarter. TD Private Client Wealth LLC purchased a new stake in Interface in the 3rd quarter valued at approximately $32,000. Blue Trust Inc. acquired a new stake in Interface during the 3rd quarter valued at $34,000. Larson Financial Group LLC increased its position in Interface by 114.6% during the third quarter. Larson Financial Group LLC now owns 1,176 shares of the textile maker’s stock worth $34,000 after buying an additional 628 shares in the last quarter. Finally, EverSource Wealth Advisors LLC acquired a new position in shares of Interface in the second quarter worth $35,000. 98.34% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Interface Company Profile

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.