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Making an investment decision in the stock market involves a certain amount of risk, so it's important to thoroughly review a company's stock before making any decisions. Stock float, number of short positions and outstanding shares are among the many factors an investor should take into account.
Investors cannot turn a blind eye to insiders as well as institutional ownership. They need to follow insider trades to determine the direction the stock is likely to take.
About 64.31% of CULP shares are held by financial institutions. MILL ROAD CAPITAL MANAGEMENT LLC is the top corporate investor, holding 324.67K shares valued at $1.56M. A 2.6% stake in Culp, Inc. is owned by the company. VANGUARD GROUP INC owns 485.42K shares valued at $2.33M, which translates its holding of 3.89% of the stake in the company.
Among the CULP insiders holding of 7.63% of the stake in company, ENGLISH ARON R., 10 percent owner, holds the largest shares of 1.86M. CULP ROBERT G III, Chairman of the Board, is the second largest CULP insider with ownership of 1.07M shares. SAXON FRANKLIN N, Executive Chairman, stands third with possession of 106.76K shares of that stake.