Greg Weller Sells 3,200 Shares of SiteOne Landscape Supply, Inc. (NYSE:SITE) Stock

SiteOne Landscape Supply, Inc. (NYSE:SITE) EVP Greg Weller sold 3,200 shares of the company’s stock in a transaction dated Thursday, April 15th. The shares were sold at an average price of $178.20, for a total transaction of $570,240.00. Following the sale, the executive vice president now owns 11,503 shares of the company’s stock, valued at $2,049,834.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Greg Weller also recently made the following trade(s):

  • On Friday, March 5th, Greg Weller sold 3,865 shares of SiteOne Landscape Supply stock. The stock was sold at an average price of $155.46, for a total value of $600,852.90.

Shares of NYSE SITE opened at $173.10 on Wednesday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.58 and a current ratio of 2.75. The company has a 50 day simple moving average of $172.83 and a two-hundred day simple moving average of $154.32. SiteOne Landscape Supply, Inc. has a fifty-two week low of $66.01 and a fifty-two week high of $184.37. The company has a market capitalization of $7.68 billion, a price-to-earnings ratio of 67.88 and a beta of 1.23.

SiteOne Landscape Supply (NYSE:SITE) last released its earnings results on Wednesday, February 24th. The industrial products company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.36. The firm had revenue of $675.10 million for the quarter, compared to analysts’ expectations of $601.04 million. SiteOne Landscape Supply had a return on equity of 22.35% and a net margin of 4.38%. The company’s quarterly revenue was up 26.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.06 earnings per share. On average, analysts forecast that SiteOne Landscape Supply, Inc. will post 2.43 earnings per share for the current fiscal year.

Institutional investors have recently modified their holdings of the business. Paragon Advisors LLC lifted its stake in shares of SiteOne Landscape Supply by 15.4% in the first quarter. Paragon Advisors LLC now owns 8,520 shares of the industrial products company’s stock worth $1,455,000 after buying an additional 1,135 shares in the last quarter. Level Four Advisory Services LLC purchased a new position in SiteOne Landscape Supply in the 4th quarter worth approximately $216,000. Foundry Partners LLC purchased a new position in SiteOne Landscape Supply in the 4th quarter worth approximately $2,708,000. Arrowstreet Capital Limited Partnership lifted its position in SiteOne Landscape Supply by 32.8% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 3,851 shares of the industrial products company’s stock valued at $470,000 after acquiring an additional 951 shares in the last quarter. Finally, Rhumbline Advisers boosted its stake in SiteOne Landscape Supply by 4.0% during the 4th quarter. Rhumbline Advisers now owns 53,423 shares of the industrial products company’s stock valued at $8,474,000 after purchasing an additional 2,044 shares during the last quarter.

Several equities analysts recently issued reports on SITE shares. William Blair restated an “outperform” rating on shares of SiteOne Landscape Supply in a research report on Wednesday, February 24th. TheStreet raised shares of SiteOne Landscape Supply from a “c+” rating to a “b-” rating in a research note on Thursday, March 11th. Zacks Investment Research raised shares of SiteOne Landscape Supply from a “hold” rating to a “buy” rating and set a $198.00 price target for the company in a research report on Saturday. Truist raised their price target on shares of SiteOne Landscape Supply from $130.00 to $186.00 in a report on Thursday, February 25th. Finally, Jefferies Financial Group increased their target price on shares of SiteOne Landscape Supply from $150.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, January 15th. Two analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. SiteOne Landscape Supply currently has an average rating of “Hold” and a consensus price target of $156.88.

About SiteOne Landscape Supply

SiteOne Landscape Supply, Inc engages in the wholesale distribution of landscape supplies in the United States and Canada. The company provides a selection of approximately 130,000 stock keeping units, including irrigation supplies, which consists controllers, valves, sprinkler heads, and irrigation and drainage pipes; fertilizers, grass seed, and ice melt products; control products, which include herbicides, fungicides, rodenticides, and other pesticides; landscape accessories, which comprise mulches, soil amendments, tools, and sod; nursery goods, which consist of deciduous shrubs, evergreen shrubs and trees, ornamental trees, shade trees, field grown and container-grown nursery stock, and plant species; and outdoor lighting products, which include accent lights, dark lights, path lights, up lights, down lights, wall lights, and pool and aquatic area lighting, as well as hardscapes, such as pavers, natural stones, blocks, and other durable materials.

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Insider Buying and Selling by Quarter for SiteOne Landscape Supply (NYSE:SITE)

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