Apogee Enterprises, Inc. (NASDAQ:APOG) Insider Troy R. Johnson Sells 12,000 Shares

Apogee Enterprises, Inc. (NASDAQ:APOG) insider Troy R. Johnson sold 12,000 shares of the business’s stock in a transaction on Tuesday, April 23rd. The stock was sold at an average price of $61.06, for a total transaction of $732,720.00. Following the completion of the sale, the insider now directly owns 33,433 shares in the company, valued at approximately $2,041,418.98. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Apogee Enterprises Stock Performance

Shares of Apogee Enterprises stock opened at $61.32 on Friday. The company has a quick ratio of 1.18, a current ratio of 1.47 and a debt-to-equity ratio of 0.13. Apogee Enterprises, Inc. has a twelve month low of $36.62 and a twelve month high of $62.99. The stock has a market cap of $1.35 billion, a price-to-earnings ratio of 13.60 and a beta of 1.10. The company’s fifty day moving average is $57.54 and its 200 day moving average is $52.08.

Apogee Enterprises (NASDAQ:APOG) last issued its quarterly earnings results on Thursday, April 18th. The industrial products company reported $1.14 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.17. The business had revenue of $361.80 million for the quarter, compared to analysts’ expectations of $337.84 million. Apogee Enterprises had a net margin of 7.03% and a return on equity of 23.84%. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.86 earnings per share. Sell-side analysts forecast that Apogee Enterprises, Inc. will post 4.57 EPS for the current year.

Institutional Trading of Apogee Enterprises

Institutional investors have recently bought and sold shares of the company. GAMMA Investing LLC bought a new stake in Apogee Enterprises during the fourth quarter valued at $31,000. Allspring Global Investments Holdings LLC boosted its position in Apogee Enterprises by 599.4% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,119 shares of the industrial products company’s stock valued at $66,000 after acquiring an additional 959 shares during the last quarter. DekaBank Deutsche Girozentrale bought a new stake in Apogee Enterprises during the third quarter valued at $56,000. Mutual of America Capital Management LLC bought a new stake in Apogee Enterprises during the fourth quarter valued at $206,000. Finally, Handelsbanken Fonder AB bought a new position in shares of Apogee Enterprises during the 4th quarter worth about $211,000. Institutional investors own 94.05% of the company’s stock.

Apogee Enterprises Company Profile

Apogee Enterprises, Inc designs and develops glass and metal products and services in the United States, Canada, and Brazil. The company operates in four segments: Architectural Framing Systems, Architectural Glass, Architectural Services, and Large-Scale Optical Technologies (LSO). The Architectural Framing Systems segment designs, engineers, fabricates, and installs custom glass and aluminum windows, curtainwalls, storefront, and entrance systems for the exterior of buildings primarily in the commercial, institutional, and multi-family residential construction sectors.