U S Concrete, Inc. (NASDAQ:USCR) VP David Andrew Behring sold 200 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $78.30, for a total value of $15,660.00. Following the sale, the vice president now owns 10,204 shares in the company, valued at $798,973.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

David Andrew Behring also recently made the following trade(s):

  • On Monday, October 2nd, David Andrew Behring sold 200 shares of U S Concrete stock. The shares were sold at an average price of $76.15, for a total transaction of $15,230.00.
  • On Friday, September 1st, David Andrew Behring sold 361 shares of U S Concrete stock. The shares were sold at an average price of $81.56, for a total transaction of $29,443.16.

U S Concrete (NASDAQ:USCR) last issued its earnings results on Tuesday, August 8th. The construction company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.09. U S Concrete had a net margin of 2.09% and a return on equity of 25.80%. The company had revenue of $340.90 million for the quarter, compared to analyst estimates of $342.60 million. During the same period in the prior year, the business posted $0.54 earnings per share. The firm’s revenue for the quarter was up 23.6% compared to the same quarter last year.

TRADEMARK VIOLATION WARNING: “Insider Selling: U S Concrete, Inc. (USCR) VP Sells 200 Shares of Stock” was reported by American Banking News and is the sole property of of American Banking News. If you are viewing this report on another site, it was illegally copied and republished in violation of US and international copyright and trademark legislation. The correct version of this report can be viewed at https://www.americanbankingnews.com/2017/11/02/insider-selling-u-s-concrete-inc-uscr-vp-sells-200-shares-of-stock.html.

Institutional investors and hedge funds have recently modified their holdings of the business. Ameritas Investment Partners Inc. grew its position in U S Concrete by 15.3% during the second quarter. Ameritas Investment Partners Inc. now owns 1,337 shares of the construction company’s stock worth $105,000 after buying an additional 177 shares during the period. Crow Point Partners LLC purchased a new stake in shares of U S Concrete in the second quarter valued at about $147,000. Pinebridge Investments L.P. lifted its holdings in shares of U S Concrete by 2.8% in the second quarter. Pinebridge Investments L.P. now owns 1,961 shares of the construction company’s stock valued at $154,000 after purchasing an additional 53 shares in the last quarter. First Mercantile Trust Co. purchased a new stake in shares of U S Concrete in the second quarter valued at about $196,000. Finally, Municipal Employees Retirement System of Michigan lifted its holdings in shares of U S Concrete by 2.2% in the first quarter. Municipal Employees Retirement System of Michigan now owns 3,250 shares of the construction company’s stock valued at $210,000 after purchasing an additional 70 shares in the last quarter.

A number of research analysts recently weighed in on USCR shares. Zacks Investment Research lowered shares of U S Concrete from a “buy” rating to a “hold” rating in a research note on Wednesday, July 5th. ValuEngine raised shares of U S Concrete from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. BidaskClub lowered shares of U S Concrete from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 25th. Citigroup Inc. raised their price target on shares of U S Concrete to $92.00 and gave the company a “buy” rating in a research note on Wednesday, August 9th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $98.00 price target on shares of U S Concrete in a research note on Thursday, September 28th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $89.00.

U S Concrete Company Profile

U.S. Concrete, Inc is a producer of ready-mixed concrete in select geographic markets in the United States. The Company conducts its operations through two business segments: ready-mixed concrete and aggregate products. The ready-mixed concrete segment engages principally in the formulation, production and delivery of ready-mixed concrete to its customers’ job sites.

Insider Buying and Selling by Quarter for U S Concrete (NASDAQ:USCR)

Receive News & Ratings for U S Concrete Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for U S Concrete Inc. and related companies with MarketBeat.com's FREE daily email newsletter.