New insider activity at Haverty ( (HVT) ) has taken place on August 29, 2025.
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Director Rawson J. Haverty recently executed a significant financial move by selling 15,000 shares of Haverty stock, amounting to a total transaction value of $342,600. This sale highlights a notable shift in stock ownership within the company.
Recent Updates on HVT stock
Haverty Furniture’s recent Q2 earnings report highlighted a modest increase in consolidated sales by 1.3% to $181.0 million, despite a 2.3% decrease in comparable store sales. The company improved its gross profit margin slightly to 60.8%. However, diluted earnings per share declined to $0.16 from $0.27 year-over-year due to increased SG&A expenses, which rose to 59.3% of sales, driven by higher administrative and occupancy costs. Despite these challenges, Haverty maintains a strong cash position with $113.8 million in cash and no debt, providing a solid foundation for future investments. The company remains cautiously optimistic, maintaining its guidance for gross profit margins and SG&A expenses for the rest of 2025, while focusing on mitigating tariff impacts and enhancing operational efficiency and customer engagement.
Spark’s Take on HVT Stock
According to Spark, TipRanks’ AI Analyst, HVT is a Neutral.
Haverty’s overall stock score is supported by stable financial performance with strong gross margins and solid dividend yield. However, the score is tempered by technical indicators showing neutral momentum and mixed earnings call sentiment due to declining sales and profitability challenges.
To see Spark’s full report on HVT stock, click here.
More about Haverty
YTD Price Performance: 5.73%
Average Trading Volume: 102,919
Technical Sentiment Signal: Buy
Current Market Cap: $366.4M