Insider Selling: Supreme Industries, Inc. (STS) Insider Sells 10,402 Shares of Stock
Supreme Industries, Inc. (NYSE:STS) insider William J. Barrett sold 10,402 shares of the firm’s stock in a transaction dated Monday, September 19th. The stock was sold at an average price of $19.78, for a total value of $205,751.56. Following the transaction, the insider now owns 513,452 shares in the company, valued at approximately $10,156,080.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of Supreme Industries, Inc. (NYSE:STS) traded up 0.11% during trading on Wednesday, reaching $18.66. The company’s stock had a trading volume of 798,554 shares. The firm has a market cap of $317.61 million and a PE ratio of 17.10. The company’s 50 day moving average price is $16.81 and its 200 day moving average price is $13.29. Supreme Industries, Inc. has a 12 month low of $5.40 and a 12 month high of $19.83.
Supreme Industries (NYSE:STS) last posted its quarterly earnings results on Thursday, July 21st. The company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.16. The business had revenue of $92.90 million for the quarter, compared to analyst estimates of $89.12 million. On average, equities analysts predict that Supreme Industries, Inc. will post $1.18 earnings per share for the current year.
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The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 31st. Stockholders of record on Wednesday, August 24th were issued a dividend of $0.035 per share. The ex-dividend date of this dividend was Monday, August 22nd. This represents a $0.14 dividend on an annualized basis and a dividend yield of 0.75%.
Separately, Sidoti cut Supreme Industries from a “buy” rating to a “neutral” rating and set a $15.00 target price on the stock. in a report on Thursday, June 9th.
Supreme Industries Company Profile
Supreme Industries, Inc (Supreme) is a manufacturer of specialized vehicles, including truck bodies, trolleys and specialty vehicles. The Company operates through two segments, which include specialized commercial vehicles and fiberglass products. The Company manufactures specialized commercial vehicles that are attached to a truck chassis.
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