Atkore International Group Inc (NYSE:ATKR) insider John Patrick Williamson sold 3,760 shares of the business’s stock in a transaction that occurred on Monday, March 12th. The shares were sold at an average price of $21.00, for a total value of $78,960.00. Following the completion of the transaction, the insider now directly owns 196,872 shares in the company, valued at $4,134,312. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
John Patrick Williamson also recently made the following trade(s):
- On Friday, December 15th, John Patrick Williamson sold 70,000 shares of Atkore International Group stock. The shares were sold at an average price of $20.79, for a total value of $1,455,300.00.
Shares of Atkore International Group Inc (ATKR) traded down $0.17 during trading hours on Wednesday, hitting $20.57. The stock had a trading volume of 519,234 shares, compared to its average volume of 580,966. The company has a debt-to-equity ratio of 1.36, a current ratio of 2.45 and a quick ratio of 1.39. Atkore International Group Inc has a one year low of $15.05 and a one year high of $26.80. The firm has a market capitalization of $1,323.03, a price-to-earnings ratio of 14.59, a price-to-earnings-growth ratio of 1.16 and a beta of 1.42.
Several brokerages have issued reports on ATKR. TheStreet raised Atkore International Group from a “d+” rating to a “c” rating in a research note on Wednesday, February 14th. Citigroup set a $26.00 target price on Atkore International Group and gave the stock a “buy” rating in a research report on Thursday, November 30th. Zacks Investment Research raised Atkore International Group from a “sell” rating to a “hold” rating and set a $24.00 target price on the stock in a research report on Thursday, February 8th. Finally, UBS Group started coverage on Atkore International Group in a research report on Tuesday, January 23rd. They set a “hold” rating and a $23.00 target price on the stock. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $23.80.
Large investors have recently modified their holdings of the company. Catalyst Capital Advisors LLC acquired a new position in shares of Atkore International Group during the third quarter worth approximately $314,000. New York State Common Retirement Fund raised its position in shares of Atkore International Group by 11.3% during the third quarter. New York State Common Retirement Fund now owns 284,970 shares of the company’s stock worth $5,560,000 after purchasing an additional 28,887 shares during the period. Bank of New York Mellon Corp raised its position in Atkore International Group by 17.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 262,117 shares of the company’s stock valued at $5,114,000 after buying an additional 38,105 shares during the last quarter. First Trust Advisors LP raised its position in Atkore International Group by 15.0% in the 3rd quarter. First Trust Advisors LP now owns 274,520 shares of the company’s stock valued at $5,356,000 after buying an additional 35,868 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in Atkore International Group by 34,843.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 44,727 shares of the company’s stock valued at $876,000 after buying an additional 44,599 shares during the last quarter. 99.30% of the stock is currently owned by institutional investors.
About Atkore International Group
Atkore International Group Inc is a manufacturer of electrical raceway products. The Company’s products are primarily offered for non-residential construction and renovation markets, and mechanical products and solutions (MP&S) for the construction and industrial markets. The Company operates in two segments: Electrical Raceway and MP&S.
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