Moab Capital Partners buys $6,435,498 stake in Crown Crafts (CRWS)

Crown Crafts (CRWS) : Moab Capital Partners scooped up 79,633 additional shares in Crown Crafts during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 644,194 shares of Crown Crafts which is valued at $6,435,498.Crown Crafts makes up approximately 2.24% of Moab Capital Partners’s portfolio.

Other Hedge Funds, Including , Raymond James Associates boosted its stake in CRWS in the latest quarter, The investment management firm added 4,142 additional shares and now holds a total of 47,750 shares of Crown Crafts which is valued at $477,023.Blackrock Fund Advisors reduced its stake in CRWS by selling 537 shares or 1.86% in the most recent quarter. The Hedge Fund company now holds 28,279 shares of CRWS which is valued at $282,507.Lsv Asset Management boosted its stake in CRWS in the latest quarter, The investment management firm added 7,200 additional shares and now holds a total of 43,422 shares of Crown Crafts which is valued at $437,694. Msi Financial Services Inc sold out all of its stake in CRWS during the most recent quarter. The investment firm sold 252 shares of CRWS which is valued $2,538.

Crown Crafts closed down -0.02 points or -0.20% at $10.01 with 5,521 shares getting traded on Thursday. Post opening the session at $10, the shares hit an intraday low of $10 and an intraday high of $10.1192 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

Crown Crafts Inc. operates indirectly through its wholly owned subsidiaries Crown Crafts Infant Products Inc. (CCIP) and Hamco Inc. (Hamco) in the infant and toddler products segment within the consumer products industry. The infant and toddler products segment consists of infant and toddler bedding bibs soft bath products disposable products and accessories. Sales of the Company’s products are generally made directly to retailers which are primarily mass merchants mid-tier retailers juvenile specialty stores value channel stores grocery and drug stores restaurants Internet accounts and wholesale clubs. The Company’s products are manufactured primarily in Asia and marketed under a variety of Company-owned trademarks under trademarks licensed from others and as private label goods.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *