Gibraltar Industries (NASDAQ:ROCK) CEO William Bosway Buys 1,500 Shares of Stock

Gibraltar Industries, Inc. (NASDAQ:ROCK) CEO William Bosway purchased 1,500 shares of Gibraltar Industries stock in a transaction that occurred on Tuesday, March 10th. The shares were bought at an average cost of $39.52 per share, for a total transaction of $59,280.00. Following the transaction, the chief executive officer directly owned 229,585 shares of the company’s stock, valued at $9,073,199.20. This represents a 0.66% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Gibraltar Industries Price Performance

Shares of NASDAQ ROCK opened at $41.48 on Wednesday. The business has a fifty day moving average price of $50.89 and a two-hundred day moving average price of $55.86. The stock has a market capitalization of $1.23 billion, a PE ratio of -27.65, a P/E/G ratio of 0.69 and a beta of 1.34. Gibraltar Industries, Inc. has a fifty-two week low of $37.79 and a fifty-two week high of $75.08.

Gibraltar Industries (NASDAQ:ROCK) last released its earnings results on Thursday, February 26th. The construction company reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.02. The company had revenue of $268.69 million for the quarter, compared to analyst estimates of $265.13 million. Gibraltar Industries had a positive return on equity of 12.05% and a negative net margin of 3.76%.Gibraltar Industries’s quarterly revenue was up 16.0% on a year-over-year basis. During the same period in the prior year, the firm posted $1.01 EPS. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. On average, equities analysts expect that Gibraltar Industries, Inc. will post 4.91 EPS for the current year.

Institutional Investors Weigh In On Gibraltar Industries

A number of hedge funds have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC increased its position in Gibraltar Industries by 73.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 481 shares of the construction company’s stock worth $28,000 after purchasing an additional 203 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its position in Gibraltar Industries by 822.2% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 498 shares of the construction company’s stock valued at $25,000 after buying an additional 444 shares in the last quarter. Hantz Financial Services Inc. grew its stake in shares of Gibraltar Industries by 240.0% during the fourth quarter. Hantz Financial Services Inc. now owns 510 shares of the construction company’s stock worth $25,000 after buying an additional 360 shares during the last quarter. Advisory Services Network LLC acquired a new position in shares of Gibraltar Industries during the third quarter worth $38,000. Finally, Kestra Advisory Services LLC bought a new position in shares of Gibraltar Industries in the 4th quarter valued at $39,000. 98.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on ROCK. Zacks Research downgraded shares of Gibraltar Industries from a “hold” rating to a “strong sell” rating in a report on Thursday, January 22nd. Weiss Ratings restated a “sell (d+)” rating on shares of Gibraltar Industries in a research report on Monday, December 29th. Finally, CJS Securities upgraded Gibraltar Industries to a “strong-buy” rating in a research note on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Gibraltar Industries presently has an average rating of “Hold”.

About Gibraltar Industries

Gibraltar Industries, Inc (NASDAQ: ROCK) is a leading manufacturer of building products and infrastructure solutions for the residential, commercial, industrial and utility markets. The company designs, engineers and markets a broad portfolio of highly engineered products to reinforce structures, improve energy efficiency and enhance safety and durability. Gibraltar’s Building Products segment includes metal roofing, siding, ventilation and structural support systems for homes and light commercial facilities, while its Infrastructure Solutions segment supplies transmission and distribution hardware, storm response equipment and renewable energy supports to utility and civil markets.

In the Building Products segment, Gibraltar offers metal and composite solutions such as roof and siding panels, deck and solar shading supports, chimney and venting systems, railings and fencing.