Superior Industries International Director Unloads $391,400 in Stock (SUP)
Superior Industries International (NYSE:SUP) Director Sheldon I. Ausman sold 20,000 shares of the stock on the open market in a transaction dated Tuesday, May 20th. The stock was sold at an average price of $19.57, for a total value of $391,400.00. Following the completion of the transaction, the director now directly owns 10,000 shares of the company’s stock, valued at approximately $195,700. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Superior Industries International (NYSE:SUP) traded up 1.43% during mid-day trading on Wednesday, hitting $19.80. The stock had a trading volume of 111,529 shares. Superior Industries International has a 1-year low of $16.89 and a 1-year high of $21.77. The stock has a 50-day moving average of $20.53 and a 200-day moving average of $19.48. The company has a market cap of $537.3 million and a P/E ratio of 23.52.
Superior Industries International (NYSE:SUP) last released its earnings data on Friday, May 2nd. The company reported $0.18 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.18. The company had revenue of $183.40 million for the quarter, compared to the consensus estimate of $187.25 million. During the same quarter in the previous year, the company posted $0.18 earnings per share. The company’s revenue for the quarter was down 11.2% on a year-over-year basis. Analysts expect that Superior Industries International will post $0.87 EPS for the current fiscal year.
Separately, analysts at Zacks reiterated a “neutral” rating on shares of Superior Industries International in a research note on Monday, March 10th. They now have a $21.00 price target on the stock.
Superior Industries International, Inc is engaged in the designing and manufacturing of aluminum road wheels for sale to original equipment manufacturers (NYSE:SUP).
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