Atkore International Group Inc. (NYSE:ATKR) VP Kevin P. Fitzpatrick sold 154,806 shares of the company’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $22.13, for a total value of $3,425,856.78. Following the completion of the sale, the vice president now owns 58,223 shares in the company, valued at approximately $1,288,474.99. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shares of Atkore International Group Inc. (ATKR) traded down $0.75 during trading on Thursday, hitting $21.28. The company had a trading volume of 564,447 shares, compared to its average volume of 425,110. Atkore International Group Inc. has a 52 week low of $15.05 and a 52 week high of $27.30. The company has a current ratio of 2.72, a quick ratio of 1.78 and a debt-to-equity ratio of 1.42. The company has a market cap of $1,282.30, a price-to-earnings ratio of 16.82, a price-to-earnings-growth ratio of 1.34 and a beta of 0.81.

Atkore International Group (NYSE:ATKR) last announced its earnings results on Wednesday, November 29th. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.33 by $0.02. Atkore International Group had a return on equity of 26.72% and a net margin of 5.21%. The company had revenue of $395.80 million for the quarter, compared to analyst estimates of $394.49 million. During the same quarter in the prior year, the company earned $0.35 EPS. The firm’s revenue for the quarter was down 4.9% compared to the same quarter last year. analysts predict that Atkore International Group Inc. will post 1.29 earnings per share for the current fiscal year.

Several brokerages recently commented on ATKR. Citigroup set a $26.00 target price on Atkore International Group and gave the company a “buy” rating in a research report on Thursday. BidaskClub lowered Atkore International Group from a “buy” rating to a “hold” rating in a research report on Saturday, November 4th. Royal Bank Of Canada restated a “buy” rating and set a $23.00 target price on shares of Atkore International Group in a research report on Friday, October 13th. UBS lowered Atkore International Group from a “buy” rating to a “neutral” rating and upped their target price for the company from $19.00 to $21.00 in a research report on Wednesday, October 11th. Finally, Zacks Investment Research upgraded Atkore International Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 10th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $23.00.

Several institutional investors have recently made changes to their positions in the stock. Victory Capital Management Inc. boosted its holdings in Atkore International Group by 17.7% in 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 in the last quarter. Legal & General Group Plc boosted its holdings in Atkore International Group by 300.6% in the second quarter. Legal & General Group Plc now owns 8,140 shares of the company’s stock worth $183,000 after acquiring an additional 6,108 shares in the last quarter. Koch Industries Inc. bought a new position in Atkore International Group in the second quarter worth approximately $205,000. Dynamic Technology Lab Private Ltd bought a new position in Atkore International Group in the third quarter worth approximately $237,000. Finally, JPMorgan Chase & Co. bought a new position in Atkore International Group in the first quarter worth approximately $256,000. Institutional investors own 96.99% of the company’s stock.

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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 (NYSE:ATKR)

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