The SVP & Corp Contr of Valmont (VMI) is Buying Shares
Yesterday, the SVP & Corp Contr of Valmont (VMI), Timothy Francis, bought shares of VMI for $474.5K.
Following this transaction Timothy Francis’ holding in the company was increased by 152.16% to a total of $563.7K. This is Francis’ first transaction since reporting a Buy transaction on ATAX back in December 2013
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Based on Valmont’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $701 million and quarterly net profit of $41.4 million. In comparison, last year the company earned revenue of $682 million and had a net profit of $32.96 million. The company has a one-year high of $146.47 and a one-year low of $103.01. VMI’s market cap is $3.12B and the company has a P/E ratio of 32.04.
The insider sentiment on Valmont has been negative according to 26 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Valmont Industries, Inc. engages in the manufacturing of engineered fabricated metal products. It operates through the following four segments: Engineered Support Structures, Utility Support Structures, Irrigation and Coatings.