Select Interior Concepts (NYSE:SIC) Rating Lowered to D+ at TheStreet

Select Interior Concepts (NYSE:SIC) was downgraded by investment analysts at TheStreet from a “c-” rating to a “d+” rating in a research note issued to investors on Tuesday, TheStreetRatingsTable reports.

Several other research firms also recently issued reports on SIC. Zacks Investment Research upgraded Select Interior Concepts from a “sell” rating to a “hold” rating in a report on Wednesday, January 8th. B. Riley reiterated a “buy” rating and issued a $17.00 price objective on shares of Select Interior Concepts in a report on Friday, December 13th.

NYSE:SIC traded up $0.08 on Tuesday, reaching $8.93. The company’s stock had a trading volume of 1,118 shares, compared to its average volume of 161,856. Select Interior Concepts has a 12-month low of $7.25 and a 12-month high of $14.73. The stock has a 50 day moving average price of $9.44 and a 200 day moving average price of $11.06.

Select Interior Concepts (NYSE:SIC) last posted its quarterly earnings data on Tuesday, November 5th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by ($0.02). The company had revenue of $159.40 million during the quarter, compared to analysts’ expectations of $165.80 million.

In related news, insider Adam D. Wyden sold 2,579,000 shares of the business’s stock in a transaction on Friday, December 20th. The stock was sold at an average price of $8.75, for a total transaction of $22,566,250.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wells Fargo & Company MN boosted its position in shares of Select Interior Concepts by 11.9% during the 2nd quarter. Wells Fargo & Company MN now owns 22,055 shares of the company’s stock worth $258,000 after acquiring an additional 2,338 shares in the last quarter. Rhumbline Advisers boosted its position in shares of Select Interior Concepts by 25.2% during the 3rd quarter. Rhumbline Advisers now owns 23,806 shares of the company’s stock worth $309,000 after acquiring an additional 4,785 shares in the last quarter. Metropolitan Life Insurance Co NY acquired a new position in shares of Select Interior Concepts during the 3rd quarter worth about $137,000. Northern Trust Corp acquired a new position in shares of Select Interior Concepts during the 2nd quarter worth about $209,000. Finally, FNY Investment Advisers LLC acquired a new position in shares of Select Interior Concepts during the 4th quarter worth about $179,000.

About Select Interior Concepts

There is no company description available for Select Interior Concepts Inc

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