Gibraltar Industries (NASDAQ:ROCK) CEO William Bosway Purchases 4,500 Shares

Gibraltar Industries, Inc. (NASDAQ:ROCK) CEO William Bosway acquired 4,500 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The shares were acquired at an average cost of $38.29 per share, for a total transaction of $172,305.00. Following the purchase, the chief executive officer directly owned 228,085 shares in the company, valued at $8,733,374.65. This trade represents a 2.01% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Gibraltar Industries Trading Up 5.9%

ROCK stock opened at $41.48 on Wednesday. Gibraltar Industries, Inc. has a 1-year low of $37.79 and a 1-year high of $75.08. The firm has a market cap of $1.23 billion, a PE ratio of -27.65, a P/E/G ratio of 0.69 and a beta of 1.34. The business’s 50-day moving average price is $50.89 and its two-hundred day moving average price is $55.86.

Gibraltar Industries (NASDAQ:ROCK) last announced its quarterly earnings results on Thursday, February 26th. The construction company reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.02. Gibraltar Industries had a positive return on equity of 12.05% and a negative net margin of 3.76%.The company had revenue of $268.69 million during the quarter, compared to the consensus estimate of $265.13 million. During the same period in the prior year, the company earned $1.01 earnings per share. The company’s revenue for the quarter was up 16.0% compared to the same quarter last year. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. On average, analysts forecast that Gibraltar Industries, Inc. will post 4.91 earnings per share for the current year.

Wall Street Analyst Weigh In

ROCK has been the topic of a number of research reports. Zacks Research lowered shares of Gibraltar Industries from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 22nd. Weiss Ratings reissued a “sell (d+)” rating on shares of Gibraltar Industries in a research report on Monday, December 29th. Finally, CJS Securities upgraded shares of Gibraltar Industries to a “strong-buy” rating in a report on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Hantz Financial Services Inc. lifted its stake in Gibraltar Industries by 240.0% in the 4th quarter. Hantz Financial Services Inc. now owns 510 shares of the construction company’s stock valued at $25,000 after acquiring an additional 360 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its stake in shares of Gibraltar Industries by 822.2% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 498 shares of the construction company’s stock worth $25,000 after acquiring an additional 444 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Gibraltar Industries by 73.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 481 shares of the construction company’s stock worth $28,000 after acquiring an additional 203 shares in the last quarter. Advisory Services Network LLC acquired a new stake in shares of Gibraltar Industries in the third quarter valued at approximately $38,000. Finally, Kestra Advisory Services LLC bought a new stake in shares of Gibraltar Industries in the fourth quarter worth $39,000. 98.39% of the stock is currently owned by institutional investors.

About Gibraltar Industries

Gibraltar Industries, Inc (NASDAQ: ROCK) is a leading manufacturer of building products and infrastructure solutions for the residential, commercial, industrial and utility markets. The company designs, engineers and markets a broad portfolio of highly engineered products to reinforce structures, improve energy efficiency and enhance safety and durability. Gibraltar’s Building Products segment includes metal roofing, siding, ventilation and structural support systems for homes and light commercial facilities, while its Infrastructure Solutions segment supplies transmission and distribution hardware, storm response equipment and renewable energy supports to utility and civil markets.

In the Building Products segment, Gibraltar offers metal and composite solutions such as roof and siding panels, deck and solar shading supports, chimney and venting systems, railings and fencing.