Flexsteel IndustriesFLXS
Market Cap: 198M
About: Flexsteel Industries Inc is a United States-based company that manufactures, imports, and markets residential upholstered wooden furniture products. The products offering include sofas, loveseats, chairs, rockers, desks, tables, convertible bedding units, and bedroom furniture. The company's products are intended for use in home, office, hotel, healthcare, and other contract applications. A featured component in the company's upholstered furniture is the durable Blue Steel Spring. It operates in the business segment of Furniture products. The company's furniture products business involves the distribution of manufactured and imported products for residential and contract markets, of which key revenue is derived from the residential market.
Employees: 1,700
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
667% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 3
119% more capital invested
Capital invested by funds: $30M [Q4 2023] → $65.7M (+$35.6M) [Q1 2024]
61% more funds holding
Funds holding: 33 [Q4 2023] → 53 (+20) [Q1 2024]
3.56% more ownership
Funds ownership: 30.62% [Q4 2023] → 34.18% (+3.56%) [Q1 2024]
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
Research analyst outlook
We haven’t received any recent analyst ratings for FLXS.