Ply Gem Holdings Director John Roach Unloads 2,300 Shares (PGEM)
Ply Gem Holdings (NASDAQ:PGEM) Director John Roach sold 2,300 shares of Ply Gem Holdings stock on the open market in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $17.01, for a total transaction of $39,123.00. Following the completion of the transaction, the director now directly owns 42,500 shares in the company, valued at approximately $722,925. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of analysts have recently weighed in on PGEM shares. Analysts at Credit Suisse downgraded shares of Ply Gem Holdings from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, December 9th. Separately, analysts at Goldman Sachs Group Inc. downgraded shares of Ply Gem Holdings from a “buy” rating to a “neutral” rating in a research note to investors on Monday, December 9th. They now have a $19.00 price target on the stock, up previously from $18.00. Finally, analysts at Williams Capital cut their price target on shares of Ply Gem Holdings from $24.00 to $20.00 in a research note to investors on Tuesday, November 12th. They now have a “buy” rating on the stock. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $19.71.
Ply Gem Holdings (NASDAQ:PGEM) traded up 1.68% during mid-day trading on Thursday, hitting $16.98. The stock had a trading volume of 173,084 shares. Ply Gem Holdings has a 1-year low of $13.58 and a 1-year high of $24.46. The stock has a 50-day moving average of $17.56 and a 200-day moving average of $16.83. The company’s market cap is $1.140 billion.
Ply Gem Holdings, Inc (NASDAQ:PGEM) is a manufacturer of residential exterior building products in North America.
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