PGT Innovations Inc (NYSE:PGTI) Director Rodney Hershberger sold 10,151 shares of the business’s stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $15.96, for a total transaction of $162,009.96. Following the sale, the director now directly owns 1,366,345 shares of the company’s stock, valued at $21,806,866.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Rodney Hershberger also recently made the following trade(s):
- On Tuesday, December 17th, Rodney Hershberger sold 11,850 shares of PGT Innovations stock. The stock was sold at an average price of $15.01, for a total transaction of $177,868.50.
- On Monday, November 18th, Rodney Hershberger sold 11,938 shares of PGT Innovations stock. The stock was sold at an average price of $14.44, for a total transaction of $172,384.72.
Shares of PGTI stock opened at $15.91 on Friday. PGT Innovations Inc has a 52-week low of $13.30 and a 52-week high of $18.48. The company has a debt-to-equity ratio of 0.92, a quick ratio of 2.83 and a current ratio of 3.56. The company has a 50-day simple moving average of $15.07 and a two-hundred day simple moving average of $15.71. The company has a market capitalization of $947.91 million, a price-to-earnings ratio of 18.29, a PEG ratio of 1.17 and a beta of 0.90.
PGT Innovations (NYSE:PGTI) last issued its quarterly earnings data on Thursday, November 7th. The construction company reported $0.26 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.28 by ($0.02). PGT Innovations had a return on equity of 13.67% and a net margin of 6.69%. The firm had revenue of $197.82 million during the quarter, compared to the consensus estimate of $196.78 million. During the same period in the previous year, the company posted $0.38 earnings per share. The company’s revenue for the quarter was down .6% on a year-over-year basis. On average, sell-side analysts forecast that PGT Innovations Inc will post 0.81 EPS for the current fiscal year.
Hedge funds have recently modified their holdings of the business. BBVA USA Bancshares Inc. bought a new position in shares of PGT Innovations during the 3rd quarter valued at approximately $237,000. Oppenheimer Asset Management Inc. bought a new position in shares of PGT Innovations during the 3rd quarter valued at approximately $76,000. Barclays PLC grew its position in shares of PGT Innovations by 9.0% during the 3rd quarter. Barclays PLC now owns 71,765 shares of the construction company’s stock valued at $1,240,000 after acquiring an additional 5,903 shares during the period. Voloridge Investment Management LLC bought a new position in shares of PGT Innovations during the 3rd quarter valued at approximately $190,000. Finally, State Street Corp grew its position in shares of PGT Innovations by 0.9% during the 3rd quarter. State Street Corp now owns 1,613,153 shares of the construction company’s stock valued at $27,859,000 after acquiring an additional 13,981 shares during the period. 92.73% of the stock is owned by institutional investors and hedge funds.
PGTI has been the subject of several recent research reports. Zacks Investment Research raised shares of PGT Innovations from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 9th. ValuEngine downgraded shares of PGT Innovations from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $21.50.
PGT Innovations Company Profile
PGT Innovations, Inc manufactures and supplies impact-resistant residential windows and doors in the Southeastern United States, Western United States, the Gulf Coast, Coastal mid-Atlantic, the Caribbean, Central America, and Canada. It offers heavy-duty aluminum or vinyl frames with laminated glass to provide protection from hurricane-force winds and wind-borne debris; and non-impact vinyl windows with insulating glass and multi-chambered frames for various climate zones.
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