Atkore International Group (ATKR) CEO John Patrick Williamson Sells 35,290 Shares of Stock

Atkore International Group (NYSE:ATKR) CEO John Patrick Williamson sold 35,290 shares of the business’s stock in a transaction dated Friday, May 11th. The shares were sold at an average price of $21.00, for a total value of $741,090.00. Following the completion of the transaction, the chief executive officer now owns 237,107 shares in the company, valued at $4,979,247. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

John Patrick Williamson also recently made the following trade(s):

  • On Monday, May 14th, John Patrick Williamson sold 118,988 shares of Atkore International Group stock. The shares were sold at an average price of $21.01, for a total value of $2,499,937.88.
  • On Monday, March 12th, John Patrick Williamson sold 3,760 shares of Atkore International Group stock. The shares were sold at an average price of $21.00, for a total value of $78,960.00.

NYSE:ATKR opened at $20.91 on Tuesday. The company has a current ratio of 2.55, a quick ratio of 1.62 and a debt-to-equity ratio of 14.51. The stock has a market capitalization of $1.34 billion, a P/E ratio of 10.94, a PEG ratio of 1.17 and a beta of 1.71. Atkore International Group has a 12 month low of $20.86 and a 12 month high of $21.06.

Atkore International Group (NYSE:ATKR) last posted its earnings results on Tuesday, May 8th. The company reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.22. The company had revenue of $445.00 million for the quarter, compared to the consensus estimate of $415.21 million. Atkore International Group had a return on equity of 40.89% and a net margin of 7.14%. During the same period in the previous year, the business earned $0.35 earnings per share. equities research analysts anticipate that Atkore International Group will post 1.79 EPS for the current year.

Several large investors have recently bought and sold shares of ATKR. Prudential Financial Inc. lifted its position in shares of Atkore International Group by 151.1% in the first quarter. Prudential Financial Inc. now owns 894,050 shares of the company’s stock worth $17,747,000 after buying an additional 538,010 shares in the last quarter. Millennium Management LLC lifted its position in shares of Atkore International Group by 202.6% in the fourth quarter. Millennium Management LLC now owns 760,532 shares of the company’s stock worth $16,313,000 after buying an additional 509,199 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of Atkore International Group by 7,746.4% in the fourth quarter. Victory Capital Management Inc. now owns 513,393 shares of the company’s stock worth $11,013,000 after buying an additional 506,850 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Atkore International Group by 96.7% in the first quarter. Dimensional Fund Advisors LP now owns 772,058 shares of the company’s stock worth $15,325,000 after buying an additional 379,629 shares in the last quarter. Finally, Lazard Asset Management LLC lifted its position in shares of Atkore International Group by 14.2% in the fourth quarter. Lazard Asset Management LLC now owns 2,514,573 shares of the company’s stock worth $53,937,000 after buying an additional 312,693 shares in the last quarter.

Several equities analysts have recently commented on ATKR shares. Citigroup boosted their price objective on Atkore International Group from $26.00 to $28.00 and gave the company a “buy” rating in a research report on Wednesday, January 24th. TheStreet upgraded Atkore International Group from a “d+” rating to a “c” rating in a research report on Wednesday, February 14th. Zacks Investment Research downgraded Atkore International Group from a “buy” rating to a “hold” rating in a research report on Tuesday, April 10th. Finally, UBS assumed coverage on Atkore International Group in a research report on Tuesday, January 23rd. They issued a “hold” rating and a $23.00 target price on the stock. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Atkore International Group presently has an average rating of “Buy” and an average target price of $23.60.

About Atkore International Group

Atkore International Group Inc manufactures and distributes electrical raceway products in the United States and internationally. The company's electrical raceway products include electrical conduits and fittings, armored cable and fittings, cable trays and mounting systems, and fittings for the non-residential construction, renovation markets, and mechanical products and solutions (MP&S) for the construction, and industrial markets.

Insider Buying and Selling by Quarter for Atkore International Group (NYSE:ATKR)

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