William Bosway Buys 1,000 Shares of Gibraltar Industries (NASDAQ:ROCK) Stock

Gibraltar Industries, Inc. (NASDAQ:ROCK) CEO William Bosway bought 1,000 shares of the firm’s stock in a transaction dated Friday, March 13th. The shares were bought at an average price of $41.37 per share, with a total value of $41,370.00. Following the completion of the transaction, the chief executive officer directly owned 230,585 shares in the company, valued at approximately $9,539,301.45. This trade represents a 0.44% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Gibraltar Industries Price Performance

Shares of NASDAQ:ROCK opened at $41.76 on Wednesday. The firm’s 50 day simple moving average is $50.07 and its 200 day simple moving average is $55.07. Gibraltar Industries, Inc. has a fifty-two week low of $37.79 and a fifty-two week high of $75.08. The company has a market capitalization of $1.23 billion, a price-to-earnings ratio of -27.84, a P/E/G ratio of 0.74 and a beta of 1.34.

Gibraltar Industries (NASDAQ:ROCK) last issued its quarterly earnings data on Thursday, February 26th. The construction company reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.02. Gibraltar Industries had a negative net margin of 3.76% and a positive return on equity of 12.05%. The firm had revenue of $268.69 million during the quarter, compared to analysts’ expectations of $265.13 million. During the same quarter in the previous year, the company earned $1.01 earnings per share. The business’s revenue for the quarter was up 16.0% on a year-over-year basis. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. Equities research analysts expect that Gibraltar Industries, Inc. will post 4.91 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. CJS Securities upgraded shares of Gibraltar Industries to a “strong-buy” rating in a research report on Thursday, December 11th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Gibraltar Industries in a report on Monday, December 29th. Finally, Zacks Research cut Gibraltar Industries from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada increased its position in shares of Gibraltar Industries by 7.3% during the first quarter. Royal Bank of Canada now owns 12,879 shares of the construction company’s stock worth $756,000 after acquiring an additional 875 shares in the last quarter. Jones Financial Companies Lllp bought a new stake in Gibraltar Industries in the 1st quarter valued at $248,000. Goldman Sachs Group Inc. lifted its position in Gibraltar Industries by 26.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 194,359 shares of the construction company’s stock valued at $11,401,000 after acquiring an additional 40,656 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Gibraltar Industries by 12.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 86,935 shares of the construction company’s stock worth $5,100,000 after purchasing an additional 9,354 shares during the period. Finally, Jane Street Group LLC boosted its stake in Gibraltar Industries by 150.5% in the 1st quarter. Jane Street Group LLC now owns 102,703 shares of the construction company’s stock worth $6,025,000 after purchasing an additional 61,702 shares during the period. Institutional investors own 98.39% of the company’s stock.

Gibraltar Industries Company Profile

Gibraltar Industries, Inc (NASDAQ: ROCK) is a leading manufacturer of building products and infrastructure solutions for the residential, commercial, industrial and utility markets. The company designs, engineers and markets a broad portfolio of highly engineered products to reinforce structures, improve energy efficiency and enhance safety and durability. Gibraltar’s Building Products segment includes metal roofing, siding, ventilation and structural support systems for homes and light commercial facilities, while its Infrastructure Solutions segment supplies transmission and distribution hardware, storm response equipment and renewable energy supports to utility and civil markets.

In the Building Products segment, Gibraltar offers metal and composite solutions such as roof and siding panels, deck and solar shading supports, chimney and venting systems, railings and fencing.