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Patrick Industries (NASDAQ:PATK) CFO Andy L. Nemeth sold 3,337 shares of Patrick Industries stock on the open market in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $41.50, for a total transaction of $138,485.50. Following the completion of the sale, the chief financial officer now directly owns 71,559 shares in the company, valued at approximately $2,969,699. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of Patrick Industries (NASDAQ:PATK) traded down 1.78% on Friday, hitting $41.43. The stock had a trading volume of 51,877 shares. Patrick Industries has a 52 week low of $24.18 and a 52 week high of $48.10. The stock’s 50-day moving average is $43.97 and its 200-day moving average is $41.18. The company has a market cap of $438.5 million and a price-to-earnings ratio of 17.01.

Patrick Industries (NASDAQ:PATK) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.86 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.82 by $0.04. Analysts expect that Patrick Industries will post $2.75 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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