Superior Industries International VP Michael N. Bakaric Unloads 1,000 Shares (SUP)
Superior Industries International (NYSE:SUP) VP Michael N. Bakaric unloaded 1,000 shares of the company’s stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $19.78, for a total value of $19,780.00. Following the transaction, the vice president now directly owns 4,263 shares of the company’s stock, valued at approximately $84,322. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Separately, analysts at Zacks reiterated a “neutral” rating on shares of Superior Industries International in a research note on Thursday, May 22nd. They now have a $21.00 price target on the stock.
Superior Industries International (NYSE:SUP) traded up 0.20% on Friday, hitting $19.87. The stock had a trading volume of 54,758 shares. Superior Industries International has a 52-week low of $16.89 and a 52-week high of $21.77. The stock has a 50-day moving average of $20.07 and a 200-day moving average of $19.61. The company has a market cap of $539.2 million and a price-to-earnings ratio of 23.89.
Superior Industries International (NYSE:SUP) last posted its quarterly earnings results on Friday, May 2nd. The company reported $0.18 earnings per share for the quarter, meeting the analysts’ 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 last year, the company posted $0.18 earnings per share. Superior Industries International’s revenue was down 11.2% compared to the same quarter last year. On average, analysts predict that Superior Industries International will post $0.87 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, July 18th. Stockholders of record on Thursday, July 3rd will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 3.63%. The ex-dividend date is Tuesday, July 1st.
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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