Tandy Leather Factory, Inc. (NASDAQ:TLF) was upgraded by equities researchers at TheStreet from a “c+” rating to a “b-” rating in a research report issued on Monday.
Shares of Tandy Leather Factory (NASDAQ:TLF) traded up 1.27% during midday trading on Monday, reaching $8.00. 62,991 shares of the company traded hands. The company has a 50 day moving average price of $7.83 and a 200 day moving average price of $7.64. The company has a market capitalization of $74.13 million, a PE ratio of 11.63 and a beta of 0.98. Tandy Leather Factory has a 1-year low of $6.57 and a 1-year high of $8.26.
In other Tandy Leather Factory news, Director James C. Pappas purchased 482,409 shares of Tandy Leather Factory stock in a transaction dated Wednesday, March 15th. The stock was acquired at an average price of $7.25 per share, for a total transaction of $3,497,465.25. Following the acquisition, the director now owns 1,801 shares in the company, valued at approximately $13,057.25. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director James C. Pappas purchased 47,388 shares of Tandy Leather Factory stock in a transaction dated Wednesday, March 22nd. The stock was acquired at an average price of $7.82 per share, with a total value of $370,574.16. Following the acquisition, the director now owns 1,801 shares in the company, valued at approximately $14,083.82. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 565,318 shares of company stock valued at $4,144,855. Company insiders own 37.19% of the company’s stock.
Tandy Leather Factory Company Profile
Tandy Leather Factory, Inc is a retailer and a wholesale distributor of a range of leather and related products. The Company’s products include leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company also manufactures leather lacing and some of its do-it-yourself kits.