Atkore International Group (ATKR) Insider John Patrick Williamson Sells 5,151 Shares

Atkore International Group (NYSE:ATKR) insider John Patrick Williamson sold 5,151 shares of the stock in a transaction that occurred on Thursday, May 17th. The shares were sold at an average price of $21.00, for a total value of $108,171.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

John Patrick Williamson also recently made the following trade(s):

  • On Friday, May 11th, John Patrick Williamson sold 35,290 shares of Atkore International Group stock. The shares were sold at an average price of $21.00, for a total value of $741,090.00.
  • On Monday, May 14th, John Patrick Williamson sold 118,988 shares of Atkore International Group stock. The shares were sold at an average price of $21.01, for a total value of $2,499,937.88.
  • On Monday, March 12th, John Patrick Williamson sold 3,760 shares of Atkore International Group stock. The shares were sold at an average price of $21.00, for a total value of $78,960.00.

ATKR opened at $21.08 on Tuesday. Atkore International Group has a 12-month low of $15.05 and a 12-month high of $24.48. The company has a market capitalization of $972.53 million, a PE ratio of 10.88, a price-to-earnings-growth ratio of 1.17 and a beta of 1.71. The company has a quick ratio of 1.62, a current ratio of 2.55 and a debt-to-equity ratio of 14.51.

Atkore International Group (NYSE:ATKR) last released its quarterly earnings data on Tuesday, May 8th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.41 by $0.22. Atkore International Group had a return on equity of 40.89% and a net margin of 7.14%. The company had revenue of $445.00 million during the quarter, compared to analysts’ expectations of $415.21 million. During the same period last year, the firm posted $0.35 earnings per share. equities research analysts anticipate that Atkore International Group will post 1.79 earnings per share for the current fiscal year.

Several research analysts recently commented on the company. Citigroup reduced their price target on Atkore International Group from $28.00 to $27.00 and set a “buy” rating for the company in a research report on Monday, April 9th. TheStreet raised Atkore International Group from a “d+” rating to a “c” rating in a research report on Wednesday, February 14th. Zacks Investment Research cut Atkore International Group from a “buy” rating to a “hold” rating in a research report on Tuesday, April 10th. Finally, UBS assumed coverage on Atkore International Group in a research report on Tuesday, January 23rd. They issued a “hold” rating and a $23.00 price objective for the company. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $23.60.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Dalton Greiner Hartman Maher & Co. lifted its position in shares of Atkore International Group by 8.4% in the first quarter. Dalton Greiner Hartman Maher & Co. now owns 745,676 shares of the company’s stock valued at $14,802,000 after buying an additional 58,005 shares during the last quarter. Atlantic Trust Group LLC lifted its position in shares of Atkore International Group by 14,400.0% in the first quarter. Atlantic Trust Group LLC now owns 5,075 shares of the company’s stock valued at $101,000 after buying an additional 5,040 shares during the last quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp acquired a new stake in shares of Atkore International Group in the first quarter valued at approximately $979,000. Highbridge Capital Management LLC lifted its position in shares of Atkore International Group by 267.6% in the first quarter. Highbridge Capital Management LLC now owns 126,664 shares of the company’s stock valued at $2,514,000 after buying an additional 92,205 shares during the last quarter. Finally, Millennium Management LLC lifted its position in shares of Atkore International Group by 4.7% in the first quarter. Millennium Management LLC now owns 796,107 shares of the company’s stock valued at $15,803,000 after buying an additional 35,575 shares during the last quarter. 74.98% of the stock is owned by institutional investors.

Atkore International Group Company Profile

Atkore International Group Inc manufactures and distributes electrical raceway products in the United States and internationally. The company's electrical raceway products include electrical conduits and fittings, armored cable and fittings, cable trays and mounting systems, and fittings for the non-residential construction, renovation markets, and mechanical products and solutions (MP&S) for the construction, and industrial markets.

Insider Buying and Selling by Quarter for Atkore International Group (NYSE:ATKR)

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