Superior Industries International, Inc. (NYSE:SUP) Director James Strauss Mcelya purchased 17,422 shares of the company’s stock in a transaction that occurred on Tuesday, August 22nd. The shares were bought at an average cost of $14.26 per share, with a total value of $248,437.72. Following the transaction, the director now directly owns 27,376 shares of the company’s stock, valued at approximately $390,381.76. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
James Strauss Mcelya also recently made the following trade(s):
- On Monday, August 21st, James Strauss Mcelya purchased 13,084 shares of Superior Industries International stock. The shares were bought at an average cost of $14.19 per share, with a total value of $185,661.96.
Shares of Superior Industries International, Inc. (NYSE:SUP) opened at 14.70 on Friday. The stock has a 50 day moving average of $18.00 and a 200 day moving average of $21.11. The firm has a market cap of $366.09 million, a price-to-earnings ratio of 55.26 and a beta of 0.66. Superior Industries International, Inc. has a 52-week low of $14.00 and a 52-week high of $30.50.
Superior Industries International (NYSE:SUP) last released its quarterly earnings data on Friday, August 4th. The auto parts company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.48 by $0.11. The company had revenue of $240.60 million during the quarter, compared to analyst estimates of $190.98 million. Superior Industries International had a net margin of 1.23% and a return on equity of 9.54%. The company’s quarterly revenue was up 31.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.52 EPS. Equities analysts predict that Superior Industries International, Inc. will post $1.65 EPS for the current fiscal year.
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Several equities analysts recently commented on the stock. B. Riley reaffirmed a “buy” rating and set a $31.00 price target on shares of Superior Industries International in a research report on Sunday, April 30th. BidaskClub lowered shares of Superior Industries International from a “sell” rating to a “strong sell” rating in a research report on Friday, August 18th. Buckingham Research dropped their price target on shares of Superior Industries International from $21.00 to $18.00 and set a “neutral” rating for the company in a research report on Tuesday, August 15th. FBR & Co dropped their price objective on shares of Superior Industries International from $31.00 to $25.00 and set an “outperform” rating for the company in a research report on Tuesday, August 8th. Finally, Zacks Investment Research raised shares of Superior Industries International from a “sell” rating to a “hold” rating in a research report on Tuesday, July 4th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $24.67.
Large investors have recently added to or reduced their stakes in the stock. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Superior Industries International by 715.6% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,559 shares of the auto parts company’s stock valued at $116,000 after buying an additional 4,000 shares during the last quarter. Mason Street Advisors LLC increased its stake in Superior Industries International by 4.9% in the first quarter. Mason Street Advisors LLC now owns 5,248 shares of the auto parts company’s stock valued at $133,000 after buying an additional 244 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in Superior Industries International by 1.2% in the second quarter. PNC Financial Services Group Inc. now owns 5,616 shares of the auto parts company’s stock valued at $115,000 after buying an additional 69 shares during the last quarter. Eqis Capital Management Inc. bought a new stake in Superior Industries International during the first quarter valued at approximately $208,000. Finally, BNP Paribas Arbitrage SA increased its stake in Superior Industries International by 51.8% in the second quarter. BNP Paribas Arbitrage SA now owns 9,070 shares of the auto parts company’s stock valued at $186,000 after buying an additional 3,094 shares during the last quarter. 82.36% of the stock is owned by institutional investors.
Superior Industries International Company Profile
Superior Industries International, Inc is engaged in the design and manufacture of aluminum wheels for sale to original equipment manufacturers (OEMs). The Company supplies cast aluminum wheels to automobile and light truck manufacturers, with wheel manufacturing operations in the United States and Mexico.
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