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.
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.
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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.
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