Today, a Director at PGT Inc (NASDAQ: PGTI), Joseph M. Mchugh, bought shares of PGTI for $165.5K.
This recent transaction increases Joseph M. Mchugh’s holding in the company by 128.72% to a total of $1.33 million. Following Joseph M. Mchugh’s last PGTI Buy transaction on June 01, 2015, the stock climbed by 8.4%.
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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 634.6K.
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 $2.34M worth of PGTI shares and purchased $908.1K worth of PGTI shares. The insider sentiment on PGT Inc has been positive according to 32 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Joseph M. Mchugh’s trades have generated a 18.3% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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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.
