Huttig Building Products VP Unloads $11,385 in Stock (HBP)
Huttig Building Products (NYSE:HBP) VP Brian D. Robinson sold 2,530 shares of the stock on the open market in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $4.50, for a total value of $11,385.00. Following the sale, the vice president now directly owns 323,830 shares of the company’s stock, valued at approximately $1,457,235. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Separately, analysts at Sidoti initiated coverage on shares of Huttig Building Products in a research note on Thursday, May 1st. They set a “buy” rating on the stock.
Huttig Building Products (NYSE:HBP) opened at 4.4776 on Wednesday. Huttig Building Products has a one year low of $2.11 and a one year high of $5.30. The stock has a 50-day moving average of $4.46 and a 200-day moving average of $4.17. The company has a market cap of $110.1 million and a P/E ratio of 101.76.
Huttig Building Products, Inc, (NYSE:HBP) is a domestic distributor of millwork, building materials and wood products used principally in new residential construction and in home improvement, remodeling and repair work.
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