Insider Selling: Gary Robert Johnson Sells 4,687 Shares of Apogee Enterprises Stock (APOG)
Apogee Enterprises (NASDAQ:APOG) VP Gary Robert Johnson sold 4,687 shares of the company’s stock on the open market in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $35.55, for a total transaction of $166,622.85. Following the completion of the sale, the vice president now directly owns 46,333 shares of the company’s stock, valued at approximately $1,647,138. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Apogee Enterprises (NASDAQ:APOG) traded down 3.56% on Thursday, hitting $34.63. The stock had a trading volume of 154,569 shares. Apogee Enterprises has a 1-year low of $22.20 and a 1-year high of $37.66. The stock’s 50-day moving average is $35.04 and its 200-day moving average is $29.97. The company has a market cap of $986.4 million and a price-to-earnings ratio of 43.16.
Apogee Enterprises (NASDAQ:APOG) last posted its quarterly earnings results on Thursday, December 19th. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by $0.02. The company had revenue of $199.40 million for the quarter, compared to the consensus estimate of $202.59 million. During the same quarter in the previous year, the company posted $0.28 earnings per share. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. Analysts expect that Apogee Enterprises will post $0.98 EPS for the current fiscal year.
A number of analysts have recently weighed in on APOG shares. Analysts at Zacks reiterated a “neutral” rating on shares of Apogee Enterprises in a research note to investors on Friday, December 20th. They now have a $38.00 price target on the stock. Separately, analysts at Northland Capital Partners downgraded shares of Apogee Enterprises from an “outperform” rating to a “market perform” rating in a research note to investors on Friday, December 20th. They now have a $33.00 price target on the stock. Finally, analysts at Northland Securities downgraded shares of Apogee Enterprises from an “outperform” rating to a “market perform” rating in a research note to investors on Friday, December 20th. They now have a $33.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $34.00.
Apogee Enterprises, Inc (NASDAQ:APOG) is involved in the design and development of value-added glass products, services and systems.
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