Point72 DIFC Ltd Sells 219 Shares of Apogee Enterprises, Inc. (NASDAQ:APOG)

Point72 DIFC Ltd reduced its stake in Apogee Enterprises, Inc. (NASDAQ:APOG) by 11.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,690 shares of the industrial products company’s stock after selling 219 shares during the quarter. Point72 DIFC Ltd’s holdings in Apogee Enterprises were worth $106,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of APOG. Headlands Technologies LLC raised its position in shares of Apogee Enterprises by 340.8% during the 1st quarter. Headlands Technologies LLC now owns 767 shares of the industrial products company’s stock valued at $45,000 after buying an additional 593 shares in the last quarter. Quarry LP raised its position in Apogee Enterprises by 959.4% during the second quarter. Quarry LP now owns 731 shares of the industrial products company’s stock valued at $46,000 after purchasing an additional 662 shares in the last quarter. EntryPoint Capital LLC lifted its stake in Apogee Enterprises by 31.4% during the first quarter. EntryPoint Capital LLC now owns 929 shares of the industrial products company’s stock worth $55,000 after purchasing an additional 222 shares during the last quarter. CWM LLC boosted its holdings in shares of Apogee Enterprises by 290.6% in the 2nd quarter. CWM LLC now owns 957 shares of the industrial products company’s stock worth $60,000 after purchasing an additional 712 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its position in shares of Apogee Enterprises by 599.4% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,119 shares of the industrial products company’s stock valued at $66,000 after purchasing an additional 959 shares during the last quarter. 94.05% of the stock is currently owned by institutional investors.

Apogee Enterprises Stock Down 1.0 %

APOG opened at $69.30 on Wednesday. Apogee Enterprises, Inc. has a 12 month low of $41.01 and a 12 month high of $71.49. The company has a current ratio of 1.64, a quick ratio of 1.29 and a debt-to-equity ratio of 0.16. The business’s 50-day moving average price is $65.29 and its 200-day moving average price is $63.02. The company has a market cap of $1.52 billion, a P/E ratio of 14.23 and a beta of 0.98.

Insider Activity at Apogee Enterprises

In other Apogee Enterprises news, insider Brent C. Jewell sold 5,000 shares of the firm’s stock in a transaction on Tuesday, July 16th. The shares were sold at an average price of $64.34, for a total value of $321,700.00. Following the sale, the insider now owns 23,405 shares of the company’s stock, valued at approximately $1,505,877.70. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 2.00% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have issued reports on APOG shares. StockNews.com raised Apogee Enterprises from a “buy” rating to a “strong-buy” rating in a research note on Friday, July 26th. DA Davidson upped their price objective on shares of Apogee Enterprises from $60.00 to $65.00 and gave the company a “neutral” rating in a research note on Friday, June 28th.

Apogee Enterprises Profile

Apogee Enterprises, Inc provides architectural products and services for enclosing buildings, and glass and acrylic products used for preservation, protection, and enhanced viewing in the United States, Canada, and Brazil. The company operates in four segments: Architectural Framing Systems, Architectural Glass, Architectural Services, and Large-Scale Optical (LSO).