Atkore International Group Inc (NASDAQ:ATKR) CEO John Patrick Williamson sold 13,536 shares of the stock in a transaction on Friday, October 20th. The stock was sold at an average price of $20.00, for a total value of $270,720.00. Following the transaction, the chief executive officer now owns 179,091 shares in the company, valued at approximately $3,581,820. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

John Patrick Williamson also recently made the following trade(s):

  • On Tuesday, October 24th, John Patrick Williamson sold 56,007 shares of Atkore International Group stock. The stock was sold at an average price of $20.00, for a total value of $1,120,140.00.

Atkore International Group Inc (NASDAQ:ATKR) traded up 1.11% on Tuesday, reaching $19.99. The company’s stock had a trading volume of 367,844 shares. The firm has a market cap of $1.28 billion and a price-to-earnings ratio of 16.49. The firm has a 50 day moving average of $19.13 and a 200 day moving average of $19.13. Atkore International Group Inc has a 12 month low of $15.05 and a 12 month high of $27.30.

Atkore International Group (NASDAQ:ATKR) last issued its quarterly earnings results on Tuesday, August 8th. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.02. Atkore International Group had a return on equity of 33.89% and a net margin of 6.91%. The firm had revenue of $397.70 million for the quarter, compared to analysts’ expectations of $424.49 million. The business’s quarterly revenue was up .5% compared to the same quarter last year. Analysts anticipate that Atkore International Group Inc will post $1.42 earnings per share for the current year.

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Several hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Atkore International Group by 13.3% during the 2nd quarter. Vanguard Group Inc. now owns 3,549,616 shares of the company’s stock valued at $80,044,000 after buying an additional 417,268 shares during the last quarter. Lazard Asset Management LLC lifted its position in shares of Atkore International Group by 44.6% during the 2nd quarter. Lazard Asset Management LLC now owns 2,047,049 shares of the company’s stock valued at $46,160,000 after buying an additional 631,873 shares during the last quarter. FMR LLC lifted its position in shares of Atkore International Group by 18.3% during the 2nd quarter. FMR LLC now owns 1,527,400 shares of the company’s stock valued at $34,443,000 after buying an additional 235,900 shares during the last quarter. Wells Fargo & Company MN lifted its position in shares of Atkore International Group by 94.9% during the 2nd quarter. Wells Fargo & Company MN now owns 1,272,105 shares of the company’s stock valued at $28,686,000 after buying an additional 619,468 shares during the last quarter. Finally, Lord Abbett & CO. LLC lifted its position in shares of Atkore International Group by 9.8% during the 2nd quarter. Lord Abbett & CO. LLC now owns 1,152,519 shares of the company’s stock valued at $25,989,000 after buying an additional 102,399 shares during the last quarter.

ATKR has been the topic of several recent research reports. TheStreet cut Atkore International Group from a “c-” rating to a “d+” rating in a research report on Wednesday, August 23rd. BidaskClub upgraded Atkore International Group from a “hold” rating to a “buy” rating in a research report on Thursday, September 28th. UBS AG cut Atkore International Group from a “buy” rating to a “neutral” rating and increased their price objective for the stock from $19.00 to $21.00 in a research report on Wednesday, October 11th. Credit Suisse Group upgraded Atkore International Group from a “neutral” rating to an “outperform” rating and set a $22.00 price objective on the stock in a research report on Wednesday, August 9th. Finally, Citigroup Inc. reiterated a “buy” rating and set a $23.00 price objective (up previously from $22.00) on shares of Atkore International Group in a research report on Monday, October 9th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $22.25.

About Atkore International Group

Atkore International Group Inc is a manufacturer of electrical raceway products. The Company’s products are primarily offered for non-residential construction and renovation markets, and mechanical products and solutions (MP&S) for the construction and industrial markets. The Company operates in two segments: Electrical Raceway and MP&S.

Insider Buying and Selling by Quarter for Atkore International Group (NASDAQ:ATKR)

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