Apogee Enterprises, Inc. (NASDAQ:APOG - Get Free Report) EVP Curtis John Dobler sold 3,797 shares of Apogee Enterprises stock in a transaction that occurred on Tuesday, April 23rd. The shares were sold at an average price of $60.46, for a total transaction of $229,566.62. Following the completion of the transaction, the executive vice president now directly owns 32,653 shares in the company, valued at $1,974,200.38. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Apogee Enterprises Stock Performance
Shares of NASDAQ:APOG opened at $61.32 on Friday. The company's 50 day simple moving average is $57.54 and its 200 day simple moving average is $52.08. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of 13.60 and a beta of 1.10. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.47 and a quick ratio of 1.18. Apogee Enterprises, Inc. has a 1 year low of $36.62 and a 1 year high of $62.99.
Apogee Enterprises (NASDAQ:APOG - Get Free Report) last announced its quarterly earnings data on Thursday, April 18th. The industrial products company reported $1.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.97 by $0.17. The business had revenue of $361.80 million for the quarter, compared to analysts' expectations of $337.84 million. Apogee Enterprises had a net margin of 7.03% and a return on equity of 23.84%. The firm's quarterly revenue was up 5.1% compared to the same quarter last year. During the same period last year, the firm posted $0.86 earnings per share. As a group, research analysts predict that Apogee Enterprises, Inc. will post 4.57 EPS for the current fiscal year.
Institutional Inflows and Outflows
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A number of hedge funds have recently added to or reduced their stakes in the company. GAMMA Investing LLC bought a new stake in shares of Apogee Enterprises during the fourth quarter worth $31,000. DekaBank Deutsche Girozentrale bought a new stake in shares of Apogee Enterprises during the third quarter worth $56,000. Allspring Global Investments Holdings LLC grew its stake in shares of Apogee Enterprises by 599.4% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,119 shares of the industrial products company's stock worth $66,000 after buying an additional 959 shares during the last quarter. Mutual of America Capital Management LLC bought a new stake in shares of Apogee Enterprises during the fourth quarter worth $206,000. Finally, Handelsbanken Fonder AB bought a new stake in shares of Apogee Enterprises during the fourth quarter worth $211,000. 94.05% of the stock is owned by institutional investors.
Apogee Enterprises Company Profile
(
Get Free Report)
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.
Further Reading
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