Patrick Industries major shareholder Jeffrey L. Et Al Gendell Sells 11,500 Shares (PATK)
Patrick Industries (NASDAQ:PATK) major shareholder Jeffrey L. Et Al Gendell sold 11,500 shares of the stock on the open market in a transaction dated Monday, August 18th. The stock was sold at an average price of $42.68, for a total transaction of $490,820.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
Shares of Patrick Industries (NASDAQ:PATK) traded up 0.12% on Thursday, hitting $42.05. The stock had a trading volume of 56,219 shares. Patrick Industries has a 52 week low of $25.31 and a 52 week high of $48.10. The stock has a 50-day moving average of $43.7 and a 200-day moving average of $41.38. The company has a market cap of $445.0 million and a price-to-earnings ratio of 16.94.
Patrick Industries (NASDAQ:PATK) last issued its quarterly 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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