Patrick Industries VP Courtney Blosser Sells 4,000 Shares (PATK)
Patrick Industries (NASDAQ:PATK) VP Courtney Blosser unloaded 4,000 shares of Patrick Industries stock on the open market in a transaction dated Friday, May 30th. The stock was sold at an average price of $37.93, for a total value of $151,720.00. Following the sale, the vice president now directly owns 27,322 shares of the company’s stock, valued at approximately $1,036,323. The sale was disclosed in a filing with the SEC, which is available at this link.
Patrick Industries (NASDAQ:PATK) traded down 0.11% during mid-day trading on Monday, hitting $37.76. The stock had a trading volume of 137,724 shares. Patrick Industries has a 52-week low of $18.20 and a 52-week high of $45.85. The stock’s 50-day moving average is $40.18 and its 200-day moving average is $36.37. The company has a market cap of $402.1 million and a P/E ratio of 16.29.
Patrick Industries (NASDAQ:PATK) last posted its quarterly earnings results on Thursday, April 24th. The company reported $0.64 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.59 by $0.05. The company had revenue of $170.10 million for the quarter, compared to the consensus estimate of $158.30 million. During the same quarter in the prior year, the company posted $0.30 earnings per share. Analysts expect that Patrick Industries will post $2.64 EPS for the current fiscal year.
Patrick Industries, Inc (NASDAQ:PATK) is a manufacturer of component products and distributor of building products and materials to the recreational vehicle (RV) and manufactured housing (MH) industries.
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