Patrick Industries CFO Andy L. Nemeth Sells 10,000 Shares (PATK)
Patrick Industries (NASDAQ:PATK) CFO Andy L. Nemeth unloaded 10,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $43.13, for a total value of $431,300.00. Following the completion of the transaction, the chief financial officer now directly owns 61,559 shares in the company, valued at approximately $2,655,040. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Patrick Industries (NASDAQ:PATK) opened at 43.13 on Wednesday. Patrick Industries has a one year low of $24.51 and a one year high of $48.10. The stock’s 50-day moving average is $43.91 and its 200-day moving average is $41.34. The company has a market cap of $456.4 million and a P/E ratio of 17.33.
Patrick Industries (NASDAQ:PATK) last released its earnings data 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. On average, analysts predict that Patrick Industries will post $2.75 earnings per share 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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