US Concrete Inc (USCR) VP David Andrew Behring Sells 200 Shares

US Concrete Inc (NASDAQ:USCR) VP David Andrew Behring sold 200 shares of US Concrete stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $78.00, for a total value of $15,600.00. Following the sale, the vice president now directly owns 9,604 shares of the company’s stock, valued at approximately $749,112. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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

  • On Friday, December 1st, David Andrew Behring sold 200 shares of US Concrete stock. The shares were sold at an average price of $80.55, for a total value of $16,110.00.

US Concrete Inc (NASDAQ:USCR) traded down $1.55 during midday trading on Friday, reaching $78.00. The company’s stock had a trading volume of 284,694 shares, compared to its average volume of 335,444. US Concrete Inc has a one year low of $57.95 and a one year high of $86.35. The company has a current ratio of 2.31, a quick ratio of 2.12 and a debt-to-equity ratio of 2.35. The company has a market capitalization of $1,300.00, a price-to-earnings ratio of 104.00, a P/E/G ratio of 1.75 and a beta of 0.95.

US Concrete (NASDAQ:USCR) last posted its earnings results on Friday, November 3rd. The construction company reported $0.99 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.46 by ($0.47). US Concrete had a net margin of 0.99% and a return on equity of 22.33%. The company had revenue of $354.60 million for the quarter, compared to the consensus estimate of $364.16 million. During the same quarter last year, the business earned $1.19 earnings per share. US Concrete’s quarterly revenue was up 7.9% on a year-over-year basis. analysts forecast that US Concrete Inc will post 3.09 earnings per share for the current fiscal year.

A number of analysts recently issued reports on the company. BidaskClub raised US Concrete from a “sell” rating to a “hold” rating in a research report on Wednesday, December 6th. Zacks Investment Research cut US Concrete from a “hold” rating to a “sell” rating in a research report on Saturday, November 4th. ValuEngine cut US Concrete from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, DA Davidson reissued a “buy” rating on shares of US Concrete in a research report on Monday, December 4th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $89.00.

A number of hedge funds and other institutional investors have recently bought and sold shares of USCR. Janus Henderson Group PLC bought a new position in US Concrete during the second quarter valued at about $44,346,000. Point72 Asset Management L.P. increased its stake in shares of US Concrete by 163.0% in the third quarter. Point72 Asset Management L.P. now owns 532,742 shares of the construction company’s stock worth $40,648,000 after purchasing an additional 330,177 shares during the period. Victory Capital Management Inc. increased its stake in shares of US Concrete by 495.6% in the third quarter. Victory Capital Management Inc. now owns 379,520 shares of the construction company’s stock worth $28,958,000 after purchasing an additional 315,796 shares during the period. Macquarie Group Ltd. increased its stake in shares of US Concrete by 131.8% in the third quarter. Macquarie Group Ltd. now owns 284,450 shares of the construction company’s stock worth $21,704,000 after purchasing an additional 161,759 shares during the period. Finally, Systematic Financial Management LP increased its stake in shares of US Concrete by 59.1% in the third quarter. Systematic Financial Management LP now owns 315,063 shares of the construction company’s stock worth $24,039,000 after purchasing an additional 117,046 shares during the period.

TRADEMARK VIOLATION NOTICE: This news story was originally reported by American Banking News and is owned by of American Banking News. If you are reading this news story on another website, it was stolen and reposted in violation of international copyright laws. The correct version of this news story can be read at https://www.americanbankingnews.com/2018/02/02/us-concrete-inc-uscr-vp-david-andrew-behring-sells-200-shares.html.

US 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 US Concrete (NASDAQ:USCR)

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

Leave a Reply