Insider Selling: Jeffrey L. Et Al Gendell Unloads 6,647 Shares of Patrick Industries Stock (PATK)
Patrick Industries (NASDAQ:PATK) major shareholder Jeffrey L. Et Al Gendell sold 6,647 shares of the stock on the open market in a transaction that occurred on Friday, July 25th. The stock was sold at an average price of $46.01, for a total transaction of $305,828.47. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Shares of Patrick Industries (NASDAQ:PATK) traded down 0.57% during mid-day trading on Monday, hitting $44.99. The stock had a trading volume of 103,311 shares. Patrick Industries has a 1-year low of $21.80 and a 1-year high of $48.10. The stock’s 50-day moving average is $43.81 and its 200-day moving average is $40.38. The company has a market cap of $479.1 million and a price-to-earnings ratio of 19.50.
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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