A Director at PGT Inc (PGTI) is Buying Shares


Today, a Director at PGT Inc (NASDAQ: PGTI), Rodney Hershberger, bought shares of PGTI for $200K.

Following Rodney Hershberger’s last PGTI Buy transaction on January 21, 2014, the stock climbed by 9.8%. This recent transaction increases Rodney Hershberger’s holding in the company by 9.87% to a total of $21.94 million.

See today’s analyst top recommended stocks >>

Based on PGT Inc’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $140 million and quarterly net profit of $7.34 million. In comparison, last year the company earned revenue of $113 million and had a net profit of $3 million. PGTI’s market cap is $1.03B and the company has a P/E ratio of 24.18. Currently, PGT Inc has an average volume of 718.6K.

Nine different firms, including B.Riley FBR and Barclays, currently also have a Buy rating on the stock.

In the last 30 days, insiders have sold $3.26M worth of PGTI shares and purchased $1.11M worth of PGTI shares. The insider sentiment on PGT Inc has been positive according to 36 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

PGT Innovations, Inc. manufactures and sells windows and doors. The company’s impact-resistant products, which are marketed under the WinGuard, PremierVue and PGT Architectural Systems brand names, combine heavy-duty aluminum and vinyl frames with laminated glass to provide protection from hurricane-force winds and wind-borne debris.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts