10,465 Shares in Apogee Enterprises, Inc. (NASDAQ:APOG) Purchased by Cornercap Investment Counsel Inc.

Cornercap Investment Counsel Inc. purchased a new position in shares of Apogee Enterprises, Inc. (NASDAQ:APOG) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 10,465 shares of the industrial products company’s stock, valued at approximately $559,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Point72 Middle East FZE bought a new stake in Apogee Enterprises during the 4th quarter worth about $42,000. Stonebridge Capital Advisors LLC bought a new stake in Apogee Enterprises during the 1st quarter worth about $47,000. DekaBank Deutsche Girozentrale bought a new stake in Apogee Enterprises during the 3rd quarter worth about $56,000. PNC Financial Services Group Inc. raised its holdings in Apogee Enterprises by 20.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,300 shares of the industrial products company’s stock worth $62,000 after purchasing an additional 220 shares during the last quarter. Finally, Point72 Hong Kong Ltd raised its holdings in Apogee Enterprises by 35.1% during the 1st quarter. Point72 Hong Kong Ltd now owns 1,300 shares of the industrial products company’s stock worth $62,000 after purchasing an additional 338 shares during the last quarter. 94.05% of the stock is owned by institutional investors.

Apogee Enterprises Stock Performance

Shares of NASDAQ:APOG opened at $56.20 on Wednesday. The stock has a market capitalization of $1.24 billion, a P/E ratio of 11.93 and a beta of 1.10. Apogee Enterprises, Inc. has a 1-year low of $36.62 and a 1-year high of $60.40. The company has a current ratio of 1.57, a quick ratio of 1.28 and a debt-to-equity ratio of 0.22. The business has a 50-day moving average price of $56.98 and a two-hundred day moving average price of $51.56.

About Apogee Enterprises

Apogee Enterprises, Inc designs and develops glass and metal products and services in the United States, Canada, and Brazil. The company operates in four segments: Architectural Framing Systems, Architectural Glass, Architectural Services, and Large-Scale Optical Technologies (LSO). The Architectural Framing Systems segment designs, engineers, fabricates, and installs custom glass and aluminum windows, curtainwalls, storefront, and entrance systems for the exterior of buildings primarily in the commercial, institutional, and multi-family residential construction sectors.