A Director at Cornerstone Building Brands Inc (CNR) is Buying Shares


Yesterday, a Director at Cornerstone Building Brands Inc (CNR), Gary Forbes, bought shares of CNR for $22K.

In addition to Gary Forbes, 6 other CNR executives reported Buy trades in the last month. This recent transaction increases Gary Forbes’ holding in the company by 4.87% to a total of $496.3K.

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Based on Cornerstone Building Brands Inc’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $1.06 billion and GAAP net loss of $60.02 million. In comparison, last year the company earned revenue of $457 million and had a GAAP net loss of $5.68 million. CNR’s market cap is $542.2M and the company has a P/E ratio of 11.97. Currently, Cornerstone Building Brands Inc has an average volume of 2.07M.

The insider sentiment on Cornerstone Building Brands Inc has been positive according to 44 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Cornerstone Building Brands, Inc. engages in the designing, engineering, manufacturing and marketing external building products for the commercial, residential, and repair & remodel construction industries. It operates through the following segments: Commercial, Siding, and Windows.

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