Apogee Enterprises, Inc. (NASDAQ:APOG - Get Free Report) EVP Curtis John Dobler sold 3,548 shares of the company's stock in a transaction dated Thursday, May 2nd. The shares were sold at an average price of $62.67, for a total transaction of $222,353.16. Following the transaction, the executive vice president now directly owns 30,369 shares of the company's stock, valued at approximately $1,903,225.23. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Curtis John Dobler also recently made the following trade(s):
- On Tuesday, April 23rd, Curtis John Dobler sold 3,797 shares of Apogee Enterprises stock. The shares were sold at an average price of $60.46, for a total transaction of $229,566.62.
Apogee Enterprises Stock Performance
NASDAQ APOG opened at $64.65 on Tuesday. The stock has a market cap of $1.43 billion, a P/E ratio of 14.33 and a beta of 1.07. The company's 50-day simple moving average is $58.75 and its 200 day simple moving average is $53.13. Apogee Enterprises, Inc. has a twelve month low of $36.62 and a twelve month high of $65.13. The company has a quick ratio of 1.18, a current ratio of 1.47 and a debt-to-equity ratio of 0.13.
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Apogee Enterprises (NASDAQ:APOG - Get Free Report) last posted its earnings results on Thursday, April 18th. The industrial products company reported $1.14 earnings per share 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 revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.86 earnings per share. As a group, research analysts forecast that Apogee Enterprises, Inc. will post 4.57 earnings per share for the current fiscal year.
Apogee Enterprises Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 5th. Investors of record on Tuesday, May 21st will be paid a $0.25 dividend. The ex-dividend date is Monday, May 20th. This represents a $1.00 dividend on an annualized basis and a yield of 1.55%. Apogee Enterprises's payout ratio is currently 22.17%.
Institutional Trading of Apogee Enterprises
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. GAMMA Investing LLC bought a new stake in Apogee Enterprises during the fourth quarter worth about $31,000. DekaBank Deutsche Girozentrale bought a new stake in Apogee Enterprises during the third quarter worth about $56,000. Allspring Global Investments Holdings LLC grew its stake in 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 Apogee Enterprises during the fourth quarter worth about $206,000. Finally, Handelsbanken Fonder AB bought a new stake in Apogee Enterprises during the fourth quarter worth about $211,000. Institutional investors own 94.05% of the company's stock.
About Apogee Enterprises
(
Get Free Report)
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).
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