Jun. 22 at 10:38 PM
The Lovesac Company rose in after-hours trading on Monday following insider buying activity from senior executives.
Director Andrew Heyer purchased 30,000 common shares on June 18, 2025, at a weighted average price of
$14.68 per share, totaling roughly
$440,400, according to a Form 4 filing with the SEC. After the transaction, Heyer’s direct holdings increased to 293,259 shares.
Separately, Board Chair Mary Fox also bought 1,720 shares at an average price of
$14.41, bringing her total direct ownership to 71,674 shares.
Insider purchases are often interpreted by markets as a signal of confidence in a company’s outlook, as executives are committing personal capital based on their expectations for future performance.
$LOVE