SiteOne Landscape Supply Inc (NYSE:SITE) EVP L Briley Brisendine, Jr. sold 1,600 shares of the stock in a transaction on Tuesday, August 14th. The shares were sold at an average price of $89.05, for a total value of $142,480.00. Following the sale, the executive vice president now directly owns 28,348 shares in the company, valued at approximately $2,524,389.40. The sale was disclosed in a document filed with the SEC, which is available at this link.

Shares of SITE opened at $88.95 on Friday. SiteOne Landscape Supply Inc has a 12 month low of $48.19 and a 12 month high of $95.49. The company has a quick ratio of 1.23, a current ratio of 2.69 and a debt-to-equity ratio of 2.15. The firm has a market cap of $3.73 billion, a PE ratio of 73.51 and a beta of 1.40.

SiteOne Landscape Supply (NYSE:SITE) last issued its quarterly earnings data on Wednesday, August 1st. The industrial products company reported $1.48 EPS for the quarter, missing the consensus estimate of $1.55 by ($0.07). SiteOne Landscape Supply had a net margin of 3.39% and a return on equity of 28.71%. The business had revenue of $687.80 million for the quarter, compared to analysts’ expectations of $689.21 million. During the same quarter in the prior year, the company posted $1.07 EPS. The business’s revenue for the quarter was up 13.0% on a year-over-year basis. analysts forecast that SiteOne Landscape Supply Inc will post 2.03 earnings per share for the current year.

SITE has been the subject of several analyst reports. TheStreet upgraded SiteOne Landscape Supply from a “c” rating to a “b-” rating in a report on Thursday, August 9th. Barclays increased their price objective on SiteOne Landscape Supply from $67.00 to $75.00 and gave the company a “hold” rating in a report on Wednesday, August 1st. Royal Bank of Canada set a $105.00 price objective on SiteOne Landscape Supply and gave the company a “buy” rating in a report on Thursday, August 2nd. Zacks Investment Research lowered SiteOne Landscape Supply from a “buy” rating to a “hold” rating in a report on Thursday, July 19th. Finally, Robert W. Baird lowered SiteOne Landscape Supply from an “outperform” rating to a “neutral” rating and set a $38.00 price objective for the company. in a report on Tuesday, July 3rd. One analyst has rated the stock with a sell rating, three have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $79.29.

Several institutional investors and hedge funds have recently modified their holdings of SITE. Artisan Partners Limited Partnership raised its stake in SiteOne Landscape Supply by 459.8% in the 1st quarter. Artisan Partners Limited Partnership now owns 154,560 shares of the industrial products company’s stock worth $11,907,000 after acquiring an additional 126,952 shares during the last quarter. Comerica Bank raised its stake in SiteOne Landscape Supply by 29.2% in the 1st quarter. Comerica Bank now owns 18,610 shares of the industrial products company’s stock worth $1,441,000 after acquiring an additional 4,206 shares during the last quarter. Thrivent Financial for Lutherans raised its stake in SiteOne Landscape Supply by 23.0% in the 1st quarter. Thrivent Financial for Lutherans now owns 728,499 shares of the industrial products company’s stock worth $56,124,000 after acquiring an additional 136,424 shares during the last quarter. Schwab Charles Investment Management Inc. raised its stake in SiteOne Landscape Supply by 3.6% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 186,469 shares of the industrial products company’s stock worth $14,366,000 after acquiring an additional 6,508 shares during the last quarter. Finally, Blair William & Co. IL raised its stake in SiteOne Landscape Supply by 270.4% in the 1st quarter. Blair William & Co. IL now owns 63,308 shares of the industrial products company’s stock worth $4,877,000 after acquiring an additional 46,215 shares during the last quarter.

About SiteOne Landscape Supply

SiteOne Landscape Supply, Inc, through its subsidiaries, engages in the wholesale distribution of landscape supplies in the United States and Canada. The company provides irrigation supplies; fertilizer and control products, such as herbicides; landscape accessories; nursery goods outdoor lighting; and ice melt products, as well as hardscapes, including pavers, natural stones, and blocks; turf protection products; grass seed; and turf care equipment and golf course maintenance supplies, as well as value-added consultative services to its customers.

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Insider Buying and Selling by Quarter for SiteOne Landscape Supply (NYSE:SITE)

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