The CEO & President of PGT Inc (PGTI) is Buying Shares

Today, the CEO & President of PGT Inc (NASDAQ: PGTI), Jeffrey Jackson, bought shares of PGTI for $372.5K.

This recent transaction increases Jeffrey Jackson’s holding in the company by 103.85% to a total of $5.22 million.

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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 $932.1M and the company has a P/E ratio of 21.94. Currently, PGT Inc has an average volume of 747.4K.

Nine different firms, including B.Riley FBR and Barclays, currently also have a Buy rating on the stock. Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $19.67, reflecting a -1.1% downside.

The insider sentiment on PGT Inc has been positive according to 29 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Jeffrey Jackson’s trades have generated a -92.8% 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.

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