PGT Innovations Inc (NYSE:PGTI) Director Rodney Hershberger sold 11,615 shares of the business’s stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $17.07, for a total value of $198,268.05. Following the completion of the transaction, the director now owns 1,260,260 shares in the company, valued at approximately $21,512,638.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Rodney Hershberger also recently made the following trade(s):
- On Tuesday, August 20th, Rodney Hershberger sold 23,970 shares of PGT Innovations stock. The shares were sold at an average price of $14.13, for a total value of $338,696.10.
- On Monday, July 15th, Rodney Hershberger sold 11,830 shares of PGT Innovations stock. The shares were sold at an average price of $16.29, for a total value of $192,710.70.
NYSE PGTI opened at $16.75 on Friday. The company has a current ratio of 2.99, a quick ratio of 2.40 and a debt-to-equity ratio of 0.95. The business’s 50 day moving average is $15.04 and its two-hundred day moving average is $15.20. PGT Innovations Inc has a 12-month low of $13.30 and a 12-month high of $24.16. The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of 14.19, a PEG ratio of 1.98 and a beta of 1.00.
PGTI has been the topic of several recent research reports. Zacks Investment Research cut PGT Innovations from a “buy” rating to a “hold” rating in a research report on Wednesday, July 10th. Gabelli upgraded PGT Innovations from a “hold” rating to a “buy” rating and set a $22.00 price target on the stock in a research report on Friday, August 2nd. G.Research restated a “buy” rating on shares of PGT Innovations in a research report on Friday, August 2nd. Finally, ValuEngine upgraded PGT Innovations from a “sell” rating to a “hold” rating in a research report on Thursday, August 8th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. PGT Innovations presently has a consensus rating of “Buy” and a consensus target price of $22.88.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Ontario Teachers Pension Plan Board increased its position in PGT Innovations by 43.0% during the 2nd quarter. Ontario Teachers Pension Plan Board now owns 127,531 shares of the construction company’s stock worth $2,132,000 after purchasing an additional 38,336 shares during the period. Cadence Capital Management LLC acquired a new position in PGT Innovations during the 2nd quarter worth approximately $2,547,000. Corbyn Investment Management Inc. MD purchased a new stake in shares of PGT Innovations during the 2nd quarter worth approximately $252,000. Kornitzer Capital Management Inc. KS purchased a new stake in shares of PGT Innovations during the 2nd quarter worth approximately $4,183,000. Finally, Aperio Group LLC boosted its stake in shares of PGT Innovations by 6.2% during the 2nd quarter. Aperio Group LLC now owns 21,567 shares of the construction company’s stock worth $361,000 after acquiring an additional 1,258 shares in the last quarter. Institutional investors own 90.97% of the company’s stock.
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.
Featured Article: Trading on Margin
Receive News & Ratings for PGT Innovations Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PGT Innovations and related companies with MarketBeat.com's FREE daily email newsletter.