Apogee Enterprises, Inc. (NASDAQ:APOG) Insider Troy R. Johnson Sells 12,000 Shares

Apogee Enterprises, Inc. (NASDAQ:APOG) insider Troy R. Johnson sold 12,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 23rd. The stock was sold at an average price of $61.06, for a total transaction of $732,720.00. Following the sale, the insider now directly owns 33,433 shares of the company’s stock, valued at approximately $2,041,418.98. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Apogee Enterprises Price Performance

Shares of NASDAQ APOG traded down $0.86 during mid-day trading on Thursday, hitting $61.40. 113,299 shares of the stock were exchanged, compared to its average volume of 128,740. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.18 and a current ratio of 1.47. The company has a market cap of $1.36 billion, a P/E ratio of 13.80 and a beta of 1.10. The stock’s fifty day simple moving average is $57.38 and its two-hundred day simple moving average is $52.01. Apogee Enterprises, Inc. has a twelve month low of $36.62 and a twelve month high of $62.99.

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

Institutional Trading of Apogee Enterprises

Institutional investors have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC lifted its position in Apogee Enterprises by 599.4% in 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. Los Angeles Capital Management LLC lifted its position in Apogee Enterprises by 7.9% in the 1st quarter. Los Angeles Capital Management LLC now owns 28,133 shares of the industrial products company’s stock valued at $1,665,000 after acquiring an additional 2,055 shares in the last quarter. Vanguard Group Inc. lifted its position in Apogee Enterprises by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 3,097,343 shares of the industrial products company’s stock valued at $165,429,000 after acquiring an additional 53,484 shares in the last quarter. 360 Financial Inc. bought a new stake in Apogee Enterprises in the 4th quarter valued at $312,000. Finally, Allianz Asset Management GmbH lifted its position in Apogee Enterprises by 12.5% in the 4th quarter. Allianz Asset Management GmbH now owns 86,965 shares of the industrial products company’s stock valued at $4,645,000 after acquiring an additional 9,680 shares in the last quarter. Institutional investors and hedge funds own 94.05% of the company’s stock.

About Apogee Enterprises

Apogee Enterprises, Inc designs and develops glass and metal products and services in the United States, Canada, and Brazil. The company operates in four segments: Architectural Framing Systems, Architectural Glass, Architectural Services, and Large-Scale Optical Technologies (LSO). The Architectural Framing Systems segment designs, engineers, fabricates, and installs custom glass and aluminum windows, curtainwalls, storefront, and entrance systems for the exterior of buildings primarily in the commercial, institutional, and multi-family residential construction sectors.