Atkore International Group Inc (NASDAQ:ATKR) insider John Patrick Williamson sold 56,007 shares of Atkore International Group stock in a transaction that occurred on Tuesday, October 24th. The shares were sold at an average price of $20.00, for a total value of $1,120,140.00. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Shares of Atkore International Group Inc (NASDAQ ATKR) traded up 1.11% during mid-day trading on Tuesday, hitting $19.99. The stock had a trading volume of 367,844 shares. The company has a market cap of $1.28 billion and a PE ratio of 16.49. Atkore International Group Inc has a 52-week low of $15.05 and a 52-week high of $27.30. The stock has a 50 day moving average price of $19.10 and a 200-day moving average price of $19.10.

Atkore International Group (NASDAQ:ATKR) last released its quarterly earnings data on Tuesday, August 8th. The company reported $0.44 EPS for the quarter, beating the consensus estimate 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 company had revenue of $397.70 million for the quarter, compared to analyst estimates of $424.49 million. Atkore International Group’s revenue for the quarter was up .5% compared to the same quarter last year. On average, equities analysts expect that Atkore International Group Inc will post $1.42 earnings per share for the current fiscal year.

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Several hedge funds and other institutional investors have recently made changes to their positions in the company. Victory Capital Management Inc. increased its position in shares of Atkore International Group by 17.7% during the second quarter. Victory Capital Management Inc. now owns 5,898 shares of the company’s stock worth $133,000 after acquiring an additional 885 shares during the last quarter. Rosenblum Silverman Sutton S F Inc. CA increased its position in shares of Atkore International Group by 1.2% during the second quarter. Rosenblum Silverman Sutton S F Inc. CA now owns 77,485 shares of the company’s stock worth $1,747,000 after acquiring an additional 925 shares during the last quarter. Parametric Portfolio Associates LLC increased its position in shares of Atkore International Group by 5.5% during the first quarter. Parametric Portfolio Associates LLC now owns 20,114 shares of the company’s stock worth $529,000 after acquiring an additional 1,049 shares during the last quarter. State of Wisconsin Investment Board increased its position in shares of Atkore International Group by 1.6% during the second quarter. State of Wisconsin Investment Board now owns 250,000 shares of the company’s stock worth $5,637,000 after acquiring an additional 3,900 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. purchased a new stake in shares of Atkore International Group during the first quarter worth about $139,000.

Several research analysts recently weighed in on the company. Royal Bank Of Canada reiterated a “buy” rating and set a $20.00 price target on shares of Atkore International Group in a research report on Wednesday, August 9th. Citigroup Inc. reissued a “buy” rating and issued a $22.00 price objective (down from $28.00) on shares of Atkore International Group in a report on Thursday, August 10th. BidaskClub raised Atkore International Group from a “hold” rating to a “buy” rating in a report on Saturday. Credit Suisse Group raised Atkore International Group from a “neutral” rating to an “outperform” rating and set a $22.00 price objective on the stock in a report on Wednesday, August 9th. Finally, UBS AG lowered Atkore International Group from a “buy” rating to a “neutral” rating and raised their price objective for the company from $19.00 to $21.00 in a report on Wednesday, October 11th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average 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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