Simpson Manufacturing Company, Inc. (NYSE:SSD) insider Psb Fund Simpson sold 75,478 shares of the stock in a transaction that occurred on Monday, October 23rd. The shares were sold at an average price of $49.50, for a total value of $3,736,161.00. Following the transaction, the insider now directly owns 853,180 shares of the company’s stock, valued at approximately $42,232,410. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Psb Fund Simpson also recently made the following trade(s):

  • On Wednesday, October 18th, Psb Fund Simpson sold 96,629 shares of Simpson Manufacturing stock. The shares were sold at an average price of $49.59, for a total value of $4,791,832.11.
  • On Friday, October 13th, Psb Fund Simpson sold 83,605 shares of Simpson Manufacturing stock. The shares were sold at an average price of $49.17, for a total value of $4,110,857.85.
  • On Tuesday, October 3rd, Psb Fund Simpson sold 95,322 shares of Simpson Manufacturing stock. The shares were sold at an average price of $49.54, for a total value of $4,722,251.88.
  • On Monday, October 2nd, Psb Fund Simpson sold 72,424 shares of Simpson Manufacturing stock. The shares were sold at an average price of $49.23, for a total value of $3,565,433.52.

Simpson Manufacturing Company, Inc. (SSD) traded down 0.69% during midday trading on Monday, hitting $49.24. The company had a trading volume of 126,578 shares. The stock’s 50-day moving average price is $47.98 and its 200-day moving average price is $43.93. The stock has a market cap of $2.33 billion, a PE ratio of 24.02 and a beta of 1.40. Simpson Manufacturing Company, Inc. has a 52-week low of $39.82 and a 52-week high of $50.18.

Simpson Manufacturing (NYSE:SSD) last issued its quarterly earnings results on Thursday, July 27th. The construction company reported $0.59 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.56 by $0.03. The company had revenue of $263.00 million during the quarter, compared to the consensus estimate of $259.05 million. Simpson Manufacturing had a return on equity of 10.26% and a net margin of 10.78%. Simpson Manufacturing’s revenue was up 14.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.54 EPS. On average, equities research analysts expect that Simpson Manufacturing Company, Inc. will post $2.09 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 26th. Shareholders of record on Thursday, October 5th will be issued a $0.21 dividend. The ex-dividend date of this dividend is Wednesday, October 4th. This represents a $0.84 annualized dividend and a yield of 1.71%. Simpson Manufacturing’s dividend payout ratio (DPR) is presently 40.98%.

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SSD has been the subject of a number of research analyst reports. Zacks Investment Research raised Simpson Manufacturing from a “sell” rating to a “hold” rating in a report on Tuesday, July 4th. BidaskClub cut Simpson Manufacturing from a “buy” rating to a “hold” rating in a report on Wednesday, August 16th. Finally, Robert W. Baird reissued a “hold” rating and set a $46.00 target price on shares of Simpson Manufacturing in a report on Friday.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Mutual of America Capital Management LLC acquired a new position in Simpson Manufacturing in the 3rd quarter valued at $2,006,000. BW Gestao de Investimentos Ltda. raised its holdings in Simpson Manufacturing by 66.8% in the 2nd quarter. BW Gestao de Investimentos Ltda. now owns 9,856 shares of the construction company’s stock valued at $431,000 after acquiring an additional 3,947 shares during the last quarter. Piedmont Investment Advisors LLC acquired a new position in Simpson Manufacturing in the 2nd quarter valued at $383,000. Dean Capital Management acquired a new position in Simpson Manufacturing in the 2nd quarter valued at $3,140,000. Finally, Caxton Associates LP raised its holdings in Simpson Manufacturing by 13.1% in the 2nd quarter. Caxton Associates LP now owns 12,977 shares of the construction company’s stock valued at $567,000 after acquiring an additional 1,500 shares during the last quarter. Institutional investors own 83.63% of the company’s stock.

Simpson Manufacturing Company Profile

Simpson Manufacturing Co, Inc, through its subsidiary, Simpson Strong-Tie Company Inc (SST), designs, engineers and manufactures wood construction products, including connectors, truss plates, fastening systems, fasteners and pre-fabricated lateral systems used in light-frame construction. The Company’s segments are North America, Europe, Asia/Pacific, and Administrative & All Other.

Insider Buying and Selling by Quarter for Simpson Manufacturing (NYSE:SSD)

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