Atkore International Group Inc (NYSE:ATKR) insider John Patrick Williamson sold 70,000 shares of the firm’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $20.79, for a total value of $1,455,300.00. Following the transaction, the insider now owns 262,172 shares in the company, valued at $5,450,555.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

  • On Tuesday, November 28th, John Patrick Williamson sold 5,352 shares of Atkore International Group stock. The shares were sold at an average price of $20.00, for a total value of $107,040.00.
  • On Wednesday, November 22nd, John Patrick Williamson sold 8,641 shares of Atkore International Group stock. The shares were sold at an average price of $20.01, for a total value of $172,906.41.
  • On Friday, October 20th, John Patrick Williamson sold 13,536 shares of Atkore International Group stock. The shares were sold at an average price of $20.00, for a total value of $270,720.00.
  • On Tuesday, October 24th, John Patrick Williamson sold 56,007 shares of Atkore International Group stock. The shares were sold at an average price of $20.00, for a total value of $1,120,140.00.

Shares of Atkore International Group Inc (NYSE:ATKR) opened at $20.87 on Monday. The stock has a market capitalization of $1,316.71, a PE ratio of 16.56, a PEG ratio of 1.42 and a beta of 1.09. Atkore International Group Inc has a 1 year low of $15.05 and a 1 year high of $27.30. The company has a debt-to-equity ratio of 1.58, a current ratio of 2.39 and a quick ratio of 1.44.

Atkore International Group (NYSE:ATKR) last issued its quarterly earnings results on Wednesday, November 29th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.33 by $0.02. The company had revenue of $395.80 million for the quarter, compared to the consensus estimate of $394.49 million. Atkore International Group had a return on equity of 26.22% and a net margin of 5.63%. The firm’s revenue was down 4.9% compared to the same quarter last year. During the same period last year, the business posted $0.35 earnings per share. sell-side analysts predict that Atkore International Group Inc will post 1.47 EPS for the current year.

Large investors have recently modified their holdings of the company. Macquarie Group Ltd. acquired a new stake in Atkore International Group during the second quarter worth about $23,777,000. Van Den Berg Management I Inc. grew its position in Atkore International Group by 118.7% during the third quarter. Van Den Berg Management I Inc. now owns 1,373,035 shares of the company’s stock worth $26,788,000 after buying an additional 745,160 shares in the last quarter. Lazard Asset Management LLC grew its position in Atkore International Group by 44.6% during the second quarter. Lazard Asset Management LLC now owns 2,047,049 shares of the company’s stock worth $46,160,000 after buying an additional 631,873 shares in the last quarter. Wells Fargo & Company MN grew its position in Atkore International Group by 94.9% during the second quarter. Wells Fargo & Company MN now owns 1,272,105 shares of the company’s stock worth $28,686,000 after buying an additional 619,468 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in Atkore International Group by 13.3% during the second quarter. Vanguard Group Inc. now owns 3,549,616 shares of the company’s stock worth $80,044,000 after buying an additional 417,268 shares in the last quarter. 98.86% of the stock is currently owned by institutional investors.

Several brokerages have recently issued reports on ATKR. Royal Bank of Canada reaffirmed a “buy” rating and issued a $23.00 price target on shares of Atkore International Group in a research report on Friday, October 13th. Citigroup set a $26.00 price target on Atkore International Group and gave the company a “buy” rating in a research report on Thursday, November 30th. Zacks Investment Research raised Atkore International Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 10th. TheStreet raised Atkore International Group from a “d+” rating to a “c-” rating in a research report on Wednesday, November 29th. Finally, BidaskClub downgraded Atkore International Group from a “buy” rating to a “hold” rating in a research report on Saturday, November 4th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $23.00.

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Atkore International Group Company Profile

Atkore International Group Inc is a manufacturer of electrical raceway products. The Company’s products are primarily offered for non-residential construction and renovation markets, and mechanical products and solutions (MP&S) for the construction and industrial markets. The Company operates in two segments: Electrical Raceway and MP&S.

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

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