Dennis Charles Schemm Sells 1,387 Shares of Continental Building Products Inc (CBPX) Stock

Share on StockTwits

Continental Building Products Inc (NYSE:CBPX) CFO Dennis Charles Schemm sold 1,387 shares of the business’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $26.14, for a total transaction of $36,256.18. Following the sale, the chief financial officer now directly owns 57,726 shares in the company, valued at $1,508,957.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of CBPX traded up $0.07 during trading hours on Monday, reaching $25.38. 148,242 shares of the company traded hands, compared to its average volume of 361,397. The firm has a market capitalization of $953.20 million, a PE ratio of 12.56, a price-to-earnings-growth ratio of 2.49 and a beta of 1.38. The company has a debt-to-equity ratio of 0.80, a current ratio of 3.09 and a quick ratio of 2.57. Continental Building Products Inc has a 12-month low of $24.11 and a 12-month high of $39.60.

Continental Building Products (NYSE:CBPX) last announced its quarterly earnings data on Thursday, February 21st. The construction company reported $0.56 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.56. The firm had revenue of $140.76 million for the quarter, compared to analyst estimates of $138.07 million. Continental Building Products had a net margin of 14.06% and a return on equity of 22.50%. As a group, research analysts anticipate that Continental Building Products Inc will post 2.15 EPS for the current fiscal year.

Large investors have recently bought and sold shares of the business. NumerixS Investment Technologies Inc boosted its holdings in Continental Building Products by 20.7% in the fourth quarter. NumerixS Investment Technologies Inc now owns 4,466 shares of the construction company’s stock valued at $113,000 after purchasing an additional 766 shares during the last quarter. Quantamental Technologies LLC purchased a new stake in Continental Building Products in the fourth quarter valued at $119,000. Global Endowment Management LP purchased a new stake in Continental Building Products in the third quarter valued at $210,000. Janus Henderson Group PLC purchased a new stake in Continental Building Products in the third quarter valued at $227,000. Finally, Legal & General Group Plc boosted its holdings in Continental Building Products by 16.6% in the fourth quarter. Legal & General Group Plc now owns 6,703 shares of the construction company’s stock valued at $171,000 after purchasing an additional 953 shares during the last quarter. 97.42% of the stock is currently owned by institutional investors.

CBPX has been the topic of a number of research analyst reports. ValuEngine lowered shares of Continental Building Products from a “hold” rating to a “sell” rating in a report on Tuesday, November 20th. Barclays set a $35.00 price objective on shares of Continental Building Products and gave the company a “buy” rating in a report on Wednesday, December 12th. Zacks Investment Research raised shares of Continental Building Products from a “hold” rating to a “buy” rating and set a $29.00 price objective on the stock in a report on Tuesday, January 8th. Raymond James lowered shares of Continental Building Products from a “strong-buy” rating to a “market perform” rating in a report on Wednesday, January 23rd. Finally, Stephens reissued a “hold” rating and set a $28.00 price objective on shares of Continental Building Products in a report on Sunday, January 27th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $32.50.

COPYRIGHT VIOLATION WARNING: “Dennis Charles Schemm Sells 1,387 Shares of Continental Building Products Inc (CBPX) Stock” was reported by Zolmax and is the sole property of of Zolmax. If you are viewing this story on another site, it was copied illegally and reposted in violation of U.S. and international trademark & copyright laws. The legal version of this story can be read at https://zolmax.com/investing/dennis-charles-schemm-sells-1387-shares-of-continental-building-products-inc-cbpx-stock/2972937.html.

Continental Building Products Company Profile

Continental Building Products, Inc manufactures and sells gypsum wallboard and complementary finishing products in the eastern United States and eastern Canada. The company sells its products to gypsum wallboard distributors, buying groups, wholesalers, and mass merchants in the new residential, repair and remodel, and commercial construction markets under the LiftLite, Mold Defense, and Weather Defense brand names.

See Also: Channel Trading

Receive News & Ratings for Continental Building Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Continental Building Products and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Crypto Harbor Exchange  One Day Trading Volume Tops $2,607.00
Crypto Harbor Exchange One Day Trading Volume Tops $2,607.00
Analysts Anticipate Hoegh LNG Partners LP  to Announce $0.35 EPS
Analysts Anticipate Hoegh LNG Partners LP to Announce $0.35 EPS
VeriME Market Cap Tops $374,353.00
VeriME Market Cap Tops $374,353.00
Molina Healthcare, Inc.  Receives Average Rating of “Hold” from Analysts
Molina Healthcare, Inc. Receives Average Rating of “Hold” from Analysts
SPINDLE  Reaches Market Capitalization of $2.12 Million
SPINDLE Reaches Market Capitalization of $2.12 Million
MediBit Trading 32.3% Higher  Over Last 7 Days
MediBit Trading 32.3% Higher Over Last 7 Days


 
© 2006-2019 Zolmax.