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

Apogee Enterprises, Inc. (NASDAQ:APOG) EVP Curtis John Dobler sold 3,548 shares of Apogee Enterprises stock in a transaction on Thursday, May 2nd. The shares were sold at an average price of $62.67, for a total value of $222,353.16. Following the completion of the sale, the executive vice president now directly owns 30,369 shares of the company’s stock, valued at approximately $1,903,225.23. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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 shares were sold at an average price of $60.46, for a total value of $229,566.62.

Apogee Enterprises Trading Up 1.4 %

Shares of APOG stock opened at $65.83 on Thursday. The firm’s 50-day simple moving average is $59.09 and its 200-day simple moving average is $53.38. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.47 and a quick ratio of 1.18. Apogee Enterprises, Inc. has a 1-year low of $36.62 and a 1-year high of $65.98. The firm has a market cap of $1.46 billion, a P/E ratio of 14.60 and a beta of 1.07.

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

Apogee Enterprises Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 5th. Shareholders of record on Tuesday, May 21st will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date is Monday, May 20th. Apogee Enterprises’s dividend payout ratio (DPR) is presently 22.17%.

Hedge Funds Weigh In On Apogee Enterprises

A number of large investors have recently modified their holdings of APOG. GAMMA Investing LLC purchased a new position in Apogee Enterprises in the fourth quarter valued at approximately $31,000. Headlands Technologies LLC increased its position in shares of Apogee Enterprises by 340.8% in the first quarter. Headlands Technologies LLC now owns 767 shares of the industrial products company’s stock worth $45,000 after acquiring an additional 593 shares in the last quarter. DekaBank Deutsche Girozentrale purchased a new position in shares of Apogee Enterprises in the 3rd quarter valued at $56,000. Allspring Global Investments Holdings LLC lifted its holdings in shares of Apogee Enterprises by 599.4% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,119 shares of the industrial products company’s stock valued at $66,000 after acquiring an additional 959 shares in the last quarter. Finally, Mutual of America Capital Management LLC purchased a new stake in Apogee Enterprises during the 4th quarter worth $206,000. 94.05% of the stock is currently owned by hedge funds and other institutional investors.

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).