Dixie Group Inc (DXYN) Files Form 4 Insider Buying : William F Jr Blue Buys 1,199 Shares

Dixie Group Inc (DXYN): William F Jr Blue , director of Dixie Group Inc purchased 1,199 shares on Jun 1, 2016. The Insider buying transaction was reported by the company on Jun 1, 2016 to the Securities and Exchange Commission. The shares were purchased at $3.45 per share for a total value of $4,136.55 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 13, 2016, Jon A Faulkner (CFO) purchased 1,000 shares at $3.26 per share price.On May 3, 2016, William F Jr Blue (director) purchased 877 shares at $4.72 per share price.Also, On Nov 19, 2015, Lowry F Kline (director) purchased 6,000 shares at $5.14 per share price.On Aug 7, 2015, Paul B Comiskey (VP-President Dixie Residential) sold 11,242 shares at $10.88 per share price.

Dixie Group Inc: On Friday, May 27, 2016 heightened volatility was witnessed in Dixie Group Inc which led to swings in the share price. The shares opened for trading at $3.33 and hit $3.62 on the upside , eventually ending the session at $3.35, with a gain of 1.82% or 0.06 points. The heightened volatility saw the trading volume jump to 49,492 shares. The 52-week high of the share price is $11.5 and the company has a market cap of $54 M . The 52-week low of the share price is at $3.

Dixie Group Inc Money Flow Index Chart

The Dixie Group Inc. (Dixie Group) is engaged in marketing manufacturing and selling carpets and rugs to residential and commercial customers through its various sales forces and brands. A portion of its manufacturing capacity is used to provide carpet and yarn related services to other manufacturers. The Company’s business is concentrated in areas of the soft floorcovering markets which involves styling design color quality and service as well as limited distribution. Its Fabrica Masland and Dixie Home brands have presence in the residential soft floorcovering markets. Its Atlas Carpet Mills Masland Contract brand and Masland Hospitality participate in the upper end specified commercial marketplace. Dixie International sells all of its brands outside of the North American market. The Company organizes its carpet and rug manufacturing business across its brand divisions.

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