Bassett Furniture SVP John E III sells 2,690 shares at $18.56/share.

Bassett Furniture Industries Inc. (BSET) has disclosed that John E. III Bassett, Senior Vice President and Chief Operations Officer, has executed two transactions involving the sale of shares. On July 23, 2025, Bassett III sold 690 shares at a price of $18.56 per share, and subsequently sold an additional 2,000 shares at the same price.

Bassett Furniture Industries Inc. (BSET) has recently disclosed insider trading activity involving John E. III Bassett, Senior Vice President and Chief Operations Officer. On July 23, 2025, Bassett sold 690 shares at a price of $18.56 per share, followed by a subsequent sale of 2,000 shares at the same price. This sale represents approximately 3.8% of his total shares in the company [1].

This transaction comes on the heels of a period of increased insider activity. Over the past six months, BSET insiders have traded stock on the open market once, with no purchases and one sale. The recent sale by Bassett is the only insider trading event in this period [1].

In addition to insider activity, hedge funds have shown significant interest in BSET stock. According to data from Quiver Quantitative, 15 institutional investors added shares to their portfolios, while 23 decreased their positions in the most recent quarter. Notable moves include Truffle Hound Capital, LLC adding 98,520 shares and Millennium Management LLC adding 62,459 shares in Q1 2025. Meanwhile, Aristides Capital LLC and LSV Asset Management removed substantial shares from their portfolios during the same period [1].

These developments highlight the ongoing interest and activity surrounding BSET stock. Investors should monitor these transactions closely, as they can provide insights into the company's health and future prospects.

References:
[1] https://www.quiverquant.com/news/Insider+Sale%3A+SVP+of+%24BSET+Sells+2%2C000+Shares