HAVERTY FURNITURE COMPANIES INC: Director Sells 15,000 Shares for $342,600

Haverty Furniture Companies Inc. [HVT] has announced that Director and 10% Owner Haverty Rawson Jr. has recently sold 15,000 shares of the company's stock at a price of $22.84 per share on August 27, 2025.

Haverty Furniture Companies Inc. [HVT] has announced that Director and 10% Owner Haverty Rawson Jr. has recently sold 15,000 shares of the company's stock at a price of $22.84 per share on August 27, 2025. This transaction occurred at a time when the stock was trading above its 200-day moving average, with shares reaching a high of $22.82 during the same period [1].

The sale represents a significant reduction in Rawson Haverty Jr.'s ownership stake, which had previously been 10% of the company's stock. Following the sale, his ownership decreased to approximately 8.63% [1]. The sale was disclosed in a filing with the SEC, which is available through this link [1].

This transaction comes at a time when the company has reported strong financial performance. Haverty Furniture Companies Inc. recently announced a quarterly dividend of $0.32 per share, reflecting an annualized yield of 5.7% and a payout ratio of 111.30% [1]. The company also reported earnings per share (EPS) of $0.16 for the quarter, exceeding analyst estimates of $0.15 [1].

The stock's performance has been influenced by several factors, including analyst ratings and institutional trading activity. Several research analysts have recently commented on the company, with some lowering their ratings from "buy" to "hold" [1]. Additionally, institutional investors have been actively trading the stock, with PNC Financial Services Group Inc. increasing its stake by 1,929.3% in the first quarter [1].

Despite the recent sale by Rawson Haverty Jr., the company's stock has shown resilience, trading above its 200-day moving average and demonstrating strong fundamentals. The company's market capitalization stands at $379.28 million, with a price-to-earnings ratio of 20.27 and a beta of 1.42 [1].

Reference:
[1] https://www.marketbeat.com/instant-alerts/haverty-furniture-companies-nysehvt-stock-price-passes-above-200-day-moving-average-whats-next-2025-08-21/