Natuzzi S.p.A. (NYSE:NTZ) is Kanen Wealth Management LLC’s 10th Largest Position

Kanen Wealth Management LLC boosted its stake in shares of Natuzzi S.p.A. (NYSE:NTZ) by 2.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,666,246 shares of the company’s stock after buying an additional 34,086 shares during the period. Natuzzi makes up about 3.0% of Kanen Wealth Management LLC’s investment portfolio, making the stock its 10th largest holding. Kanen Wealth Management LLC’s holdings in Natuzzi were worth $7,998,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Benjamin F. Edwards & Company Inc. boosted its stake in Natuzzi by 2.1% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 121,262 shares of the company’s stock valued at $594,000 after purchasing an additional 2,450 shares during the last quarter. 6.07% of the stock is owned by institutional investors.

Natuzzi Price Performance

NTZ opened at $4.95 on Monday. The company’s 50 day moving average is $4.55 and its 200 day moving average is $4.39. Natuzzi S.p.A. has a 12-month low of $3.80 and a 12-month high of $6.50.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Natuzzi in a report on Monday, January 13th. They set a “hold” rating on the stock.

About Natuzzi

Natuzzi S.p.A. engages in the design, manufacture, and marketing of leather and fabric upholstered furniture through its own and franchised stores in the United States, Italy, China, Brazil, Spain, Mexico, Canada, Australia, Belgium, the United Arab Emirates, South Korea, Israel, Taiwan, the United Kingdom, and internationally.