Psb Fund Simpson Sells 200 Shares of Simpson Manufacturing Co, Inc. (SSD) Stock

Simpson Manufacturing Co, Inc. (NYSE:SSD) insider Psb Fund Simpson sold 200 shares of the business’s stock in a transaction that occurred on Monday, April 9th. The stock was sold at an average price of $57.05, for a total value of $11,410.00. Following the sale, the insider now owns 492,870 shares of the company’s stock, valued at $28,118,233.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Psb Fund Simpson also recently made the following trade(s):

  • On Monday, April 2nd, Psb Fund Simpson sold 3,665 shares of Simpson Manufacturing stock. The stock was sold at an average price of $57.20, for a total value of $209,638.00.
  • On Thursday, March 29th, Psb Fund Simpson sold 42,419 shares of Simpson Manufacturing stock. The stock was sold at an average price of $57.68, for a total value of $2,446,727.92.
  • On Tuesday, March 27th, Psb Fund Simpson sold 14,655 shares of Simpson Manufacturing stock. The stock was sold at an average price of $57.27, for a total value of $839,291.85.
  • On Tuesday, February 27th, Psb Fund Simpson sold 42,038 shares of Simpson Manufacturing stock. The stock was sold at an average price of $57.65, for a total value of $2,423,490.70.
  • On Friday, April 6th, Psb Fund Simpson sold 253,749 shares of Simpson Manufacturing stock. The stock was sold at an average price of $57.64, for a total value of $14,626,092.36.

Shares of NYSE:SSD opened at $56.46 on Friday. The firm has a market capitalization of $2,632.09, a price-to-earnings ratio of 31.50, a P/E/G ratio of 4.24 and a beta of 1.48. Simpson Manufacturing Co, Inc. has a 52-week low of $39.82 and a 52-week high of $61.62.



Simpson Manufacturing (NYSE:SSD) last issued its earnings results on Monday, February 5th. The construction company reported $0.31 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.10). The company had revenue of $231.68 million during the quarter, compared to analysts’ expectations of $224.47 million. Simpson Manufacturing had a net margin of 9.48% and a return on equity of 9.64%. The firm’s quarterly revenue was up 15.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.37 earnings per share. equities research analysts anticipate that Simpson Manufacturing Co, Inc. will post 2.66 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 26th. Shareholders of record on Thursday, April 5th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 1.49%. The ex-dividend date of this dividend is Wednesday, April 4th. Simpson Manufacturing’s payout ratio is currently 42.42%.

A number of large investors have recently modified their holdings of the business. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Simpson Manufacturing by 21.3% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 6,534 shares of the construction company’s stock valued at $375,000 after purchasing an additional 1,146 shares during the last quarter. Xact Kapitalforvaltning AB acquired a new position in shares of Simpson Manufacturing in the 4th quarter valued at $220,000. MetLife Investment Advisors LLC acquired a new position in shares of Simpson Manufacturing in the 4th quarter valued at $1,119,000. Gotham Asset Management LLC acquired a new position in shares of Simpson Manufacturing in the 4th quarter valued at $1,204,000. Finally, Vident Investment Advisory LLC acquired a new position in shares of Simpson Manufacturing in the 4th quarter valued at $359,000. Institutional investors own 88.52% of the company’s stock.

Several analysts recently commented on the company. Zacks Investment Research cut Simpson Manufacturing from a “hold” rating to a “sell” rating in a research report on Wednesday. Sidoti assumed coverage on Simpson Manufacturing in a report on Wednesday, January 3rd. They issued a “neutral” rating and a $66.00 target price for the company. Robert W. Baird restated a “buy” rating and issued a $64.00 target price on shares of Simpson Manufacturing in a report on Tuesday, January 9th. Finally, DA Davidson cut Simpson Manufacturing from a “buy” rating to a “neutral” rating and set a $60.00 target price for the company. in a report on Thursday, December 14th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $63.75.

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Simpson Manufacturing Company Profile

Simpson Manufacturing Co, Inc, through its subsidiaries, designs, engineers, manufactures, and sells building construction products. The company offers wood construction products, including connectors, truss plates, fastening systems, fasteners, and pre-fabricated lateral systems used in light-frame construction; and concrete construction products comprising adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder actuated tools, and fiber reinforced materials for use in concrete, masonry, and steel construction, as well as for concrete repair, protection, and strengthening applications.

Insider Buying and Selling by Quarter for Simpson Manufacturing (NYSE:SSD)

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