Apogee Enterprises, Inc. (NASDAQ:APOG) EVP Curtis John Dobler Sells 3,548 Shares

Apogee Enterprises, Inc. (NASDAQ:APOG) EVP Curtis John Dobler sold 3,548 shares of the stock in a transaction that occurred on Thursday, May 2nd. The stock was sold at an average price of $62.67, for a total value of $222,353.16. Following the sale, the executive vice president now owns 30,369 shares in the company, valued at $1,903,225.23. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Curtis John Dobler also recently made the following trade(s):

• On Tuesday, April 23rd, Curtis John Dobler sold 3,797 shares of Apogee Enterprises stock. The stock was sold at an average price of $60.46, for a total transaction of $229,566.62.

Apogee Enterprises Price Performance

NASDAQ APOG opened at $64.65 on Tuesday. The company has a 50-day moving average price of $58.75 and a two-hundred day moving average price of $53.13. The stock has a market cap of $1.43 billion, a price-to-earnings ratio of 14.33 and a beta of 1.07. The company has a current ratio of 1.47, a quick ratio of 1.18 and a debt-to-equity ratio of 0.13. Apogee Enterprises, Inc. has a 52 week low of $36.62 and a 52 week high of $65.13.

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

Apogee Enterprises Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 5th. Investors of record on Tuesday, May 21st will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.55%. The ex-dividend date is Monday, May 20th. Apogee Enterprises’s payout ratio is currently 22.17%.

Hedge Funds Weigh In On Apogee Enterprises

Large investors have recently bought and sold shares of the stock. TD Asset Management Inc lifted its stake in shares of Apogee Enterprises by 57.5% in the 3rd quarter. TD Asset Management Inc now owns 27,400 shares of the industrial products company’s stock worth $1,290,000 after acquiring an additional 10,000 shares during the period. Panagora Asset Management Inc. raised its holdings in Apogee Enterprises by 8.7% during the third quarter. Panagora Asset Management Inc. now owns 133,469 shares of the industrial products company’s stock worth $6,284,000 after purchasing an additional 10,710 shares in the last quarter. Teacher Retirement System of Texas raised its holdings in Apogee Enterprises by 9.7% during the third quarter. Teacher Retirement System of Texas now owns 44,543 shares of the industrial products company’s stock worth $2,097,000 after purchasing an additional 3,957 shares in the last quarter. Olympiad Research LP bought a new stake in Apogee Enterprises during the third quarter worth approximately $234,000. Finally, Victory Capital Management Inc. bought a new stake in Apogee Enterprises during the third quarter worth approximately $48,063,000. Institutional investors and hedge funds own 94.05% of the company’s stock.

Apogee Enterprises Company Profile

Apogee Enterprises, Inc provides architectural products and services for enclosing buildings, and glass and acrylic products used for preservation, protection, and enhanced viewing in the United States, Canada, and Brazil. The company operates in four segments: Architectural Framing Systems, Architectural Glass, Architectural Services, and Large-Scale Optical (LSO).