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Flexsteel director William S. Creekmuir sells over $101k in company stock

By Investing.com2 min readInvesting.com
Flexsteel director William S. Creekmuir sells over $101k in company stockFlexsteel director William S. Creekmuir sells over $101k in company stock

Flexsteel director William S. Creekmuir sells over $101k in company stock

William S. Creekmuir, a director at FLEXSTEEL INDUSTRIES INC (NASDAQ:FLXS), recently sold a total of 1,250 shares of the company’s common stock across two transactions, valued at approximately $101,411.55.

On September 14, 2026, Mr. Creekmuir sold 250 shares at a price of $81.5154 per share. The following day, September 15, 2026, he disposed of an additional 1,000 shares. These shares were sold at a weighted average price of $81.0327, with individual transaction prices ranging from $81.00 to $81.325. The stock currently trades at $84.01, reflecting a remarkable 122% gain over the past year. According to InvestingPro analysis, FLEXSTEEL appears fairly valued at current levels, with the platform offering 14 additional ProTips for investors seeking deeper insights into the company’s prospects.

In a separate transaction on September 16, 2026, Mr. Creekmuir made a bona fide gift of 2,492 shares of FLEXSTEEL common stock. These shares were transferred to the MS GIFT Bill & Frances Creekmuir Giving Fund DAF, with no consideration received by Mr. Creekmuir for the gift.

Following these transactions, Mr. Creekmuir’s direct beneficial ownership of FLEXSTEEL common stock stands at 16,484 shares. The current filing corrects previously reported amounts to reflect the September 14, 2026, sale which was inadvertently omitted from an earlier filing.

In other recent news, Flexsteel Industries reported fiscal fourth-quarter results that surpassed Wall Street expectations. The company achieved adjusted earnings of $1.33 per share on revenue of $115.4 million, exceeding analyst projections of $1.09 per share and $109.66 million in revenue. Sales increased by 0.7% compared to the previous year, with full-year revenue growing by 4% to $459 million. Additionally, Freedom Broker downgraded Flexsteel’s stock rating from Buy to Hold, despite raising the price target from $72 to $80, citing valuation considerations. Analyst Balzhan Tleuzhanova highlighted that the revenue increase was supported by higher soft-seating volumes and contributions from strategic accounts, health and wellness products, and new product introductions. These developments reflect Flexsteel’s ongoing efforts to enhance its market position and financial performance.