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Sturm Ruger & Co. (NYSE:RGR) VP Kevin Sr Reid, Sr. sold 5,000 shares of Sturm Ruger & Co. stock in a transaction dated Thursday, January 9th. The shares were sold at an average price of $78.10, for a total value of $390,500.00. Following the completion of the sale, the vice president now directly owns 15,000 shares of the company’s stock, valued at approximately $1,171,500. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

RGR has been the subject of a number of recent research reports. Analysts at CRT Capital initiated coverage on shares of Sturm Ruger & Co. in a research note to investors on Tuesday. They set a “buy” rating and a $85.00 price target on the stock. Separately, analysts at Zacks downgraded shares of Sturm Ruger & Co. from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday. They now have a $82.40 price target on the stock. Finally, analysts at KeyCorp reiterated an “underweight” rating on shares of Sturm Ruger & Co. in a research note to investors on Monday.

Shares of Sturm Ruger & Co. (NYSE:RGR) traded up 1.33% on Thursday, hitting $80.03. 411,101 shares of the company’s stock traded hands. Sturm Ruger & Co. has a 52-week low of $44.76 and a 52-week high of $80.28. The stock has a 50-day moving average of $74.09 and a 200-day moving average of $62.11. The company has a market cap of $1.548 billion and a P/E ratio of 14.96.

Sturm Ruger & Co. (NYSE:RGR) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $1.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.23. The company had revenue of $170.90 million for the quarter, compared to the consensus estimate of $154.34 million. During the same quarter in the previous year, the company posted $0.88 earnings per share. The company’s revenue for the quarter was up 44.6% on a year-over-year basis. Analysts expect that Sturm Ruger & Co. will post $5.64 EPS for the current fiscal year.

Sturm, Ruger & Company, Inc is engaged in the design, manufacture, and sale of firearms to domestic customers.

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