Key Points
- Aaron Wilkins, NWPX's CFO, sold 5,009 shares on Dec. 8 at $59.90 (~$300,039) and 1,241 shares on Dec. 9 at $60.10 (~$74,584), reducing his ownership by about 20.23% to 19,753 shares now worth roughly $1.18M.
- NWPX trades around $60.54 with a market cap near $582M and a P/E of 16.45; the company recently beat quarterly estimates (EPS $1.38 vs. $1.02) and carries a consensus analyst rating of Moderate Buy with a $62.50 target and some firms raising targets to $70/strong‑buy.
NWPX Infrastructure, Inc. (NASDAQ:NWPX - Get Free Report) CFO Aaron Wilkins sold 1,241 shares of NWPX Infrastructure stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $60.10, for a total value of $74,584.10. Following the completion of the transaction, the chief financial officer directly owned 18,512 shares in the company, valued at $1,112,571.20. This represents a 6.28% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.
Aaron Wilkins also recently made the following trade(s):
- On Monday, December 8th, Aaron Wilkins sold 5,009 shares of NWPX Infrastructure stock. The shares were sold at an average price of $59.90, for a total transaction of $300,039.10.
NWPX Infrastructure Trading Up 0.9%
Shares of NWPX traded up $0.53 during midday trading on Thursday, hitting $61.07. The stock had a trading volume of 11,745 shares, compared to its average volume of 66,805. The business has a 50-day simple moving average of $56.14 and a two-hundred day simple moving average of $49.24. The firm has a market cap of $586.88 million, a P/E ratio of 16.60, a price-to-earnings-growth ratio of 1.65 and a beta of 0.94. The company has a current ratio of 3.60, a quick ratio of 2.62 and a debt-to-equity ratio of 0.10. NWPX Infrastructure, Inc. has a fifty-two week low of $36.97 and a fifty-two week high of $65.84.
NWPX Infrastructure (NASDAQ:NWPX - Get Free Report) last posted its quarterly earnings data 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 net margin of 7.04% and a return on equity of 9.65%. The firm had revenue of $151.07 million during the quarter, compared to analyst estimates of $132.01 million. As a group, equities analysts forecast that NWPX Infrastructure, Inc. will post 3.32 EPS for the current year.
Analyst Ratings Changes
A number of research analysts have recently weighed in on the company. Wall Street Zen upgraded NWPX Infrastructure from a "hold" rating to a "buy" rating in a report on Saturday, November 8th. DA Davidson increased their price target on shares of NWPX Infrastructure from $60.00 to $70.00 and gave the stock a "buy" rating in a research 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 upgraded shares of NWPX Infrastructure from a "hold" rating to a "strong-buy" rating in a research report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned 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 target price of $62.50.
Get Our Latest Stock Report on NWPX
Institutional Investors Weigh In On NWPX Infrastructure
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Illumine Investment Management LLC raised its position in shares of NWPX Infrastructure by 1.2% in the third quarter. Illumine Investment Management LLC now owns 18,330 shares of the industrial products company's stock valued at $970,000 after purchasing an additional 219 shares during the period. CWM LLC raised its holdings in NWPX Infrastructure by 75.8% in the 3rd quarter. CWM LLC now owns 582 shares of the industrial products company's stock worth $31,000 after acquiring an additional 251 shares during the period. Rhumbline Advisers lifted its position in NWPX Infrastructure by 2.6% during the 3rd quarter. Rhumbline Advisers now owns 14,547 shares of the industrial products company's stock worth $770,000 after acquiring an additional 367 shares during the last quarter. Byrne Asset Management LLC boosted its holdings in NWPX Infrastructure by 20.1% during the second quarter. Byrne Asset Management LLC now owns 2,883 shares of the industrial products company's stock valued at $118,000 after acquiring an additional 482 shares during the period. Finally, State of Alaska Department of Revenue acquired a new stake in shares of NWPX Infrastructure in the third quarter valued at about $28,000. 80.63% of the stock is currently owned by institutional investors and hedge funds.
NWPX Infrastructure Company Profile
(
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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