Key Points
- CEO Scott Montross sold 8,210 shares on Nov. 11 at an average price of $57.27 for about $470,187, trimming his position by 10.66% to 68,781 shares, per an SEC filing.
- NWPX reported a strong quarter with Q3 EPS $1.38 versus $1.02 expected and revenue $151.1M versus $132.0M, triggering analyst upgrades and a consensus "Moderate Buy" with an average price target of $62.50 (DA Davidson $70).
- Market snapshot: shares traded near $57.40 (down ~1.4%), 52‑week range $36.97–$65.84, market cap ≈ $551.6M, P/E 15.6, and institutional investors own about 80.6% of the stock.
NWPX Infrastructure, Inc. (NASDAQ:NWPX - Get Free Report) CEO Scott Montross sold 8,210 shares of NWPX Infrastructure stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $57.27, for a total value of $470,186.70. Following the sale, the chief executive officer directly owned 68,781 shares of the company's stock, valued at approximately $3,939,087.87. This represents a 10.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
NWPX Infrastructure Stock Down 1.4%
Shares of NWPX stock opened at $57.40 on Friday. NWPX Infrastructure, Inc. has a fifty-two week low of $36.97 and a fifty-two week high of $65.84. The firm has a market capitalization of $551.61 million, a PE ratio of 15.60, a P/E/G ratio of 1.64 and a beta of 0.91. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.81 and a current ratio of 3.95. The stock's 50-day simple moving average is $54.02 and its 200-day simple moving average is $46.82.
NWPX Infrastructure (NASDAQ:NWPX - Get Free Report) last released its earnings results on Wednesday, October 29th. The industrial products company reported $1.38 EPS for the quarter, topping analysts' consensus estimates of $1.02 by $0.36. NWPX Infrastructure had a return on equity of 9.71% and a net margin of 7.04%.The firm had revenue of $151.07 million during the quarter, compared to the consensus estimate of $132.01 million. Equities analysts expect that NWPX Infrastructure, Inc. will post 3.32 earnings per share for the current year.
Analyst Upgrades and Downgrades
NWPX has been the topic of a number of research reports. Wall Street Zen upgraded shares of NWPX Infrastructure from a "hold" rating to a "buy" rating in a research note on Saturday, November 8th. DA Davidson upped their price target on shares of NWPX Infrastructure from $60.00 to $70.00 and gave the company a "buy" rating in a report on Friday, October 31st. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of NWPX Infrastructure in a research report on Wednesday, October 8th. Finally, Northland Capmk raised NWPX Infrastructure from a "hold" rating to a "strong-buy" rating in a report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $62.50.
Get Our Latest Report on NWPX Infrastructure
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. State of Alaska Department of Revenue acquired a new stake in shares of NWPX Infrastructure during the 3rd quarter valued at about $28,000. CWM LLC boosted its position in NWPX Infrastructure by 75.8% during the third quarter. CWM LLC now owns 582 shares of the industrial products company's stock worth $31,000 after purchasing an additional 251 shares in the last quarter. SG Americas Securities LLC purchased a new position in NWPX Infrastructure during the third quarter worth approximately $128,000. Byrne Asset Management LLC grew its holdings in NWPX Infrastructure by 20.1% in the second quarter. Byrne Asset Management LLC now owns 2,883 shares of the industrial products company's stock valued at $118,000 after purchasing an additional 482 shares during the period. Finally, Quantbot Technologies LP increased its position in shares of NWPX Infrastructure by 43.3% in the third quarter. Quantbot Technologies LP now owns 3,093 shares of the industrial products company's stock valued at $164,000 after buying an additional 935 shares in the last quarter. Institutional investors and hedge funds own 80.63% of the company's stock.
About NWPX Infrastructure
(
Get Free Report)
Northwest Pipe Company, together with its subsidiaries, engages in the manufacture and supply of water-related infrastructure products in North America. It operates in two segments, Engineered Steel Pressure Pipe (SPP) and Precast Infrastructure and Engineered Systems (Precast). The SPP segment offers large-diameter and high-pressure steel pipeline systems for use in water infrastructure applications, which are primarily related to drinking water systems.
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