7,532 Shares in Gibraltar Industries, Inc. (NASDAQ:ROCK) Bought by Guidance Capital Inc.

Guidance Capital Inc. acquired a new position in shares of Gibraltar Industries, Inc. (NASDAQ:ROCK) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 7,532 shares of the construction company’s stock, valued at approximately $469,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Farther Finance Advisors LLC raised its holdings in shares of Gibraltar Industries by 271.6% during the third quarter. Farther Finance Advisors LLC now owns 379 shares of the construction company’s stock worth $27,000 after acquiring an additional 277 shares in the last quarter. GAMMA Investing LLC raised its holdings in Gibraltar Industries by 30.6% during the third quarter. GAMMA Investing LLC now owns 725 shares of the construction company’s stock valued at $51,000 after buying an additional 170 shares in the last quarter. Atticus Wealth Management LLC bought a new position in Gibraltar Industries during the fourth quarter valued at about $53,000. nVerses Capital LLC raised its holdings in Gibraltar Industries by 62.5% during the third quarter. nVerses Capital LLC now owns 1,300 shares of the construction company’s stock valued at $91,000 after buying an additional 500 shares in the last quarter. Finally, Quarry LP raised its holdings in Gibraltar Industries by 33.3% during the third quarter. Quarry LP now owns 1,318 shares of the construction company’s stock valued at $92,000 after buying an additional 329 shares in the last quarter. 98.39% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Gibraltar Industries from a “buy” rating to a “strong-buy” rating in a report on Tuesday, December 31st.

Gibraltar Industries Price Performance

NASDAQ ROCK opened at $59.98 on Thursday. Gibraltar Industries, Inc. has a fifty-two week low of $55.31 and a fifty-two week high of $87.40. The stock’s 50-day moving average is $63.00 and its two-hundred day moving average is $67.13. The firm has a market cap of $1.82 billion, a P/E ratio of 16.66 and a beta of 1.20.

Gibraltar Industries Profile

Gibraltar Industries, Inc manufactures and provides products and services for the renewable energy, residential, agtech, and infrastructure markets in the United States and internationally. It operates through four segments: Renewables, Residential, Agtech, and Infrastructure. The Renewables segment designs, engineers, manufactures, and installs solar racking and electrical balance of systems for commercial and distributed generation scale solar installations.