U S Concrete, Inc. (NASDAQ:USCR) VP David Andrew Behring sold 200 shares of the company’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $80.55, for a total transaction of $16,110.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

David Andrew Behring also recently made the following trade(s):

  • On Wednesday, November 1st, David Andrew Behring sold 200 shares of U S Concrete stock. The stock was sold at an average price of $78.30, for a total transaction of $15,660.00.
  • On Monday, October 2nd, David Andrew Behring sold 200 shares of U S Concrete stock. The stock was sold at an average price of $76.15, for a total transaction of $15,230.00.

Shares of U S Concrete, Inc. (NASDAQ:USCR) traded down $1.85 during trading hours on Wednesday, hitting $81.60. 161,452 shares of the company were exchanged, compared to its average volume of 328,567. The company has a quick ratio of 2.12, a current ratio of 2.31 and a debt-to-equity ratio of 2.35. The stock has a market cap of $1,387.72, a P/E ratio of 28.06, a P/E/G ratio of 2.68 and a beta of 1.31. U S Concrete, Inc. has a 52 week low of $57.95 and a 52 week high of $84.60.

U S Concrete (NASDAQ:USCR) last issued its quarterly earnings results on Friday, November 3rd. The construction company reported $0.99 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.46 by ($0.47). The company had revenue of $354.60 million during the quarter, compared to analysts’ expectations of $364.16 million. U S Concrete had a return on equity of 22.33% and a net margin of 0.99%. U S Concrete’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same period last year, the firm posted $1.19 earnings per share. analysts predict that U S Concrete, Inc. will post 3.11 EPS for the current year.

USCR has been the topic of a number of research analyst reports. Citigroup boosted their price target on shares of U S Concrete to $92.00 and gave the stock a “buy” rating in a report on Wednesday, August 9th. Zacks Investment Research raised shares of U S Concrete from a “hold” rating to a “buy” rating and set a $86.00 price target on the stock in a report on Tuesday, August 15th. ValuEngine raised shares of U S Concrete from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Stifel Nicolaus reissued a “buy” rating and issued a $98.00 price target on shares of U S Concrete in a report on Thursday, September 28th. Finally, DA Davidson reissued a “buy” rating on shares of U S Concrete in a report on Monday. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $89.00.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. GSA Capital Partners LLP purchased a new stake in U S Concrete during the third quarter valued at about $670,000. Argent Capital Management LLC lifted its holdings in U S Concrete by 39.0% during the third quarter. Argent Capital Management LLC now owns 42,075 shares of the construction company’s stock valued at $3,210,000 after purchasing an additional 11,800 shares during the last quarter. California Public Employees Retirement System lifted its holdings in U S Concrete by 5.9% during the third quarter. California Public Employees Retirement System now owns 21,177 shares of the construction company’s stock valued at $1,616,000 after purchasing an additional 1,177 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. lifted its holdings in U S Concrete by 344.6% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 8,208 shares of the construction company’s stock valued at $626,000 after purchasing an additional 6,362 shares during the last quarter. Finally, Point72 Asset Management L.P. lifted its holdings in U S Concrete by 163.0% during the third quarter. Point72 Asset Management L.P. now owns 532,742 shares of the construction company’s stock valued at $40,648,000 after purchasing an additional 330,177 shares during the last quarter.

TRADEMARK VIOLATION NOTICE: This report was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this report on another site, it was copied illegally and republished in violation of United States and international copyright legislation. The legal version of this report can be viewed at https://www.thecerbatgem.com/2017/12/06/u-s-concrete-inc-uscr-vp-david-andrew-behring-sells-200-shares-of-stock.html.

About U S Concrete

U.S. Concrete, Inc is a producer of ready-mixed concrete in select geographic markets in the United States. The Company conducts its operations through two business segments: ready-mixed concrete and aggregate products. The ready-mixed concrete segment engages principally in the formulation, production and delivery of ready-mixed concrete to its customers’ job sites.

Insider Buying and Selling by Quarter for U S Concrete (NASDAQ:USCR)

Receive News & Stock Ratings for U S Concrete Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for U S Concrete Inc. and related stocks with our FREE daily email newsletter.