Apogee Enterprises, Inc. (NASDAQ:APOG) Insider Brent C. Jewell Sells 7,500 Shares of Stock

Apogee Enterprises, Inc. (NASDAQ:APOG) insider Brent C. Jewell sold 7,500 shares of Apogee Enterprises stock in a transaction that occurred on Tuesday, April 30th. The stock was sold at an average price of $61.79, for a total transaction of $463,425.00. Following the sale, the insider now owns 66 shares of the company’s stock, valued at approximately $4,078.14. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Apogee Enterprises Stock Up 1.2 %

Shares of NASDAQ:APOG opened at $62.53 on Thursday. Apogee Enterprises, Inc. has a one year low of $36.62 and a one year high of $64.16. The company has a 50 day moving average of $58.11 and a 200-day moving average of $52.58. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.47 and a quick ratio of 1.18. The stock has a market cap of $1.38 billion, a price-to-earnings ratio of 13.86 and a beta of 1.10.

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, topping the consensus estimate of $0.97 by $0.17. The company had revenue of $361.80 million during 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%. Apogee Enterprises’s revenue was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.86 EPS. On average, sell-side analysts forecast that Apogee Enterprises, Inc. will post 4.57 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in Apogee Enterprises by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 3,097,343 shares of the industrial products company’s stock valued at $165,429,000 after purchasing an additional 53,484 shares during the period. Victory Capital Management Inc. grew its holdings in Apogee Enterprises by 11.8% during the fourth quarter. Victory Capital Management Inc. now owns 1,141,762 shares of the industrial products company’s stock valued at $60,982,000 after purchasing an additional 120,882 shares during the period. Pacer Advisors Inc. grew its holdings in Apogee Enterprises by 69.8% during the fourth quarter. Pacer Advisors Inc. now owns 537,470 shares of the industrial products company’s stock valued at $28,706,000 after purchasing an additional 220,898 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in Apogee Enterprises by 2.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 379,235 shares of the industrial products company’s stock valued at $20,255,000 after purchasing an additional 9,092 shares during the period. Finally, Invesco Ltd. grew its holdings in Apogee Enterprises by 32.3% during the third quarter. Invesco Ltd. now owns 294,513 shares of the industrial products company’s stock valued at $13,866,000 after purchasing an additional 71,915 shares during the period. Institutional investors and hedge funds own 94.05% of the company’s stock.

About Apogee Enterprises

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).