Ply Gem Holdings Inc (PGEM) Insider John L. Buckley Sells 32,725 Shares

Ply Gem Holdings Inc (NYSE:PGEM) insider John L. Buckley sold 32,725 shares of the stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $22.00, for a total transaction of $719,950.00. Following the completion of the transaction, the insider now directly owns 32,724 shares in the company, valued at approximately $719,928. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Shares of Ply Gem Holdings Inc (NYSE PGEM) traded up $0.10 during trading on Monday, hitting $21.80. 739,480 shares of the stock were exchanged, compared to its average volume of 629,520. Ply Gem Holdings Inc has a 12 month low of $14.55 and a 12 month high of $22.20. The stock has a market cap of $1,490.00, a PE ratio of 24.77 and a beta of 2.55. The company has a quick ratio of 1.28, a current ratio of 1.92 and a debt-to-equity ratio of 13.73.

Several institutional investors have recently made changes to their positions in the company. Employees Retirement System of Texas boosted its stake in shares of Ply Gem by 31.5% in the 4th quarter. Employees Retirement System of Texas now owns 117,000 shares of the construction company’s stock valued at $2,165,000 after purchasing an additional 28,000 shares in the last quarter. Royce & Associates LP boosted its stake in shares of Ply Gem by 0.9% in the 4th quarter. Royce & Associates LP now owns 559,911 shares of the construction company’s stock valued at $10,358,000 after purchasing an additional 5,000 shares in the last quarter. UBS Asset Management Americas Inc. purchased a new stake in shares of Ply Gem in the 4th quarter valued at $235,000. Wells Fargo & Company MN boosted its stake in shares of Ply Gem by 20.8% in the 4th quarter. Wells Fargo & Company MN now owns 33,998 shares of the construction company’s stock valued at $629,000 after purchasing an additional 5,864 shares in the last quarter. Finally, Balter Liquid Alternatives LLC boosted its stake in shares of Ply Gem by 30.9% in the 4th quarter. Balter Liquid Alternatives LLC now owns 16,031 shares of the construction company’s stock valued at $297,000 after purchasing an additional 3,783 shares in the last quarter. 29.27% of the stock is owned by institutional investors.

A number of equities analysts have recently commented on the stock. Royal Bank of Canada reissued a “buy” rating and issued a $19.00 price target on shares of Ply Gem in a report on Tuesday, November 7th. KeyCorp reissued a “hold” rating on shares of Ply Gem in a report on Tuesday, October 24th. ValuEngine raised shares of Ply Gem from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. BidaskClub lowered shares of Ply Gem from a “hold” rating to a “sell” rating in a report on Saturday, November 4th. Finally, Zacks Investment Research raised shares of Ply Gem from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 31st. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $19.50.

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Ply Gem Company Profile

Ply Gem Holdings, Inc is a manufacturer of exterior building products in North America. The Company operates through two segments: Siding, Fencing, and Stone, and Windows and Doors. In the Siding, Fencing, and Stone segment, its principal products include vinyl siding and skirting, vinyl and aluminum soffit, aluminum trim coil, cellular PVC trim and moldings, J-channels, wide crown molding, window and door trim, F-channels, H-molds, fascia, undersill trims, outside/inside corner posts, rain removal systems, injection molded designer accents, such as shakes, shingles, scallops, shutters, vents and mounts, vinyl fence, vinyl railing and stone veneer in the United States and Canada.

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