Insider Buying: Gibraltar Industries (NASDAQ:ROCK) VP Purchases 1,400 Shares of Stock

Gibraltar Industries, Inc. (NASDAQ:ROCK) VP Katherine Bolanowski acquired 1,400 shares of the company’s stock in a transaction on Thursday, May 21st. The shares were bought at an average cost of $35.63 per share, with a total value of $49,882.00. Following the acquisition, the vice president directly owned 17,389 shares in the company, valued at approximately $619,570.07. The trade was a 8.76% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Gibraltar Industries Price Performance

Shares of ROCK traded up $1.36 during midday trading on Friday, hitting $36.90. 199,713 shares of the company traded hands, compared to its average volume of 349,193. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.87 and a current ratio of 1.41. Gibraltar Industries, Inc. has a 52 week low of $33.56 and a 52 week high of $75.08. The firm has a 50 day moving average of $39.32 and a 200-day moving average of $47.16. The stock has a market cap of $1.09 billion, a price-to-earnings ratio of -8.29, a PEG ratio of 0.62 and a beta of 1.26.

Gibraltar Industries (NASDAQ:ROCK) last announced its quarterly earnings results on Thursday, May 7th. The construction company reported $0.45 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.04). Gibraltar Industries had a negative net margin of 10.68% and a positive return on equity of 10.86%. The business had revenue of $356.29 million during the quarter, compared to the consensus estimate of $350.15 million. During the same period in the previous year, the business posted $0.95 EPS. The firm’s revenue was up 44.6% on a year-over-year basis. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. On average, analysts forecast that Gibraltar Industries, Inc. will post 3.8 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently commented on ROCK shares. Zacks Research raised shares of Gibraltar Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. Seaport Research Partners reaffirmed a “buy” rating and issued a $55.00 price target on shares of Gibraltar Industries in a report on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Institutional Trading of Gibraltar Industries

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its position in Gibraltar Industries by 73.0% in 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 during the period. Caitong International Asset Management Co. Ltd raised its position in Gibraltar Industries by 822.2% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 498 shares of the construction company’s stock worth $25,000 after purchasing an additional 444 shares during the period. Hantz Financial Services Inc. raised its position in Gibraltar Industries by 240.0% in the 4th quarter. Hantz Financial Services Inc. now owns 510 shares of the construction company’s stock worth $25,000 after purchasing an additional 360 shares during the period. Advisory Services Network LLC purchased a new stake in Gibraltar Industries in the 3rd quarter worth about $38,000. Finally, Kestra Advisory Services LLC purchased a new position in shares of Gibraltar Industries during the fourth quarter worth approximately $39,000. 98.39% of the stock is owned by hedge funds and other institutional investors.

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.