SiteOne Landscape Supply Inc (NYSE:SITE) EVP Sells $444,022.40 in Stock

SiteOne Landscape Supply Inc (NYSE:SITE) EVP Ross Anker sold 6,080 shares of the company’s stock in a transaction dated Thursday, March 15th. The shares were sold at an average price of $73.03, for a total transaction of $444,022.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Ross Anker also recently made the following trade(s):

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  • On Thursday, February 15th, Ross Anker sold 6,080 shares of SiteOne Landscape Supply stock. The shares were sold at an average price of $77.19, for a total transaction of $469,315.20.
  • On Tuesday, January 16th, Ross Anker sold 6,080 shares of SiteOne Landscape Supply stock. The shares were sold at an average price of $71.38, for a total transaction of $433,990.40.

Shares of SITE stock opened at $77.20 on Wednesday. The company has a market capitalization of $3,076.73, a PE ratio of 62.50 and a beta of 1.32. SiteOne Landscape Supply Inc has a one year low of $46.00 and a one year high of $80.56. The company has a current ratio of 2.92, a quick ratio of 1.28 and a debt-to-equity ratio of 2.19.

SiteOne Landscape Supply (NYSE:SITE) last posted its earnings results on Tuesday, February 20th. The industrial products company reported $0.01 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.04) by $0.05. The firm had revenue of $415.70 million for the quarter, compared to the consensus estimate of $410.38 million. SiteOne Landscape Supply had a net margin of 2.93% and a return on equity of 27.59%. The company’s revenue was up 14.9% on a year-over-year basis. During the same period last year, the firm posted ($0.14) EPS. equities analysts expect that SiteOne Landscape Supply Inc will post 1.9 earnings per share for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Koch Industries Inc. purchased a new position in shares of SiteOne Landscape Supply in the 4th quarter valued at $595,000. Neuberger Berman Group LLC purchased a new position in SiteOne Landscape Supply during the 3rd quarter worth $24,028,000. SG Americas Securities LLC purchased a new position in SiteOne Landscape Supply during the 3rd quarter worth $524,000. Wells Fargo & Company MN grew its position in SiteOne Landscape Supply by 312.3% during the 3rd quarter. Wells Fargo & Company MN now owns 1,366,395 shares of the industrial products company’s stock worth $79,387,000 after purchasing an additional 1,034,971 shares during the last quarter. Finally, Bamco Inc. NY grew its position in SiteOne Landscape Supply by 11.2% during the 3rd quarter. Bamco Inc. NY now owns 1,720,722 shares of the industrial products company’s stock worth $99,974,000 after purchasing an additional 172,650 shares during the last quarter.

SITE has been the subject of several analyst reports. William Blair raised shares of SiteOne Landscape Supply from a “market perform” rating to an “outperform” rating in a research note on Friday, January 26th. UBS cut shares of SiteOne Landscape Supply from a “neutral” rating to a “sell” rating and set a $72.00 price target for the company. in a research note on Monday, January 22nd. They noted that the move was a valuation call. Barclays reissued an “equal weight” rating and issued a $67.00 price target (up previously from $65.00) on shares of SiteOne Landscape Supply in a research note on Wednesday, February 21st. SunTrust Banks increased their price target on shares of SiteOne Landscape Supply to $89.00 and gave the company a “buy” rating in a research note on Wednesday, February 21st. Finally, Royal Bank of Canada set a $85.00 price target on shares of SiteOne Landscape Supply and gave the company a “buy” rating in a research note on Wednesday, February 14th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $74.67.

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About SiteOne Landscape Supply

SiteOne Landscape Supply, Inc is a national wholesale distributor of landscape supplies in the United States and Canada. The Company is a supplier of irrigation, landscape lighting, hardscapes, lawn care supplies, nursery stock, and landscape accessories to green industry professionals. As of October 2, 2016, the Company had over 450 stores.

Insider Buying and Selling by Quarter for SiteOne Landscape Supply (NYSE:SITE)

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