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

Gibraltar Industries, Inc. (NASDAQ:ROCK) CEO William Bosway bought 1,000 shares of the company’s stock in a transaction on Friday, March 13th. The shares were acquired at an average price of $41.37 per share, for a total transaction of $41,370.00. Following the transaction, the chief executive officer directly owned 230,585 shares in the company, valued at $9,539,301.45. This trade represents a 0.44% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Gibraltar Industries Price Performance

ROCK opened at $41.83 on Tuesday. Gibraltar Industries, Inc. has a 12 month low of $37.79 and a 12 month high of $75.08. The stock has a market capitalization of $1.24 billion, a P/E ratio of -27.89, a P/E/G ratio of 0.73 and a beta of 1.34. The business has a 50 day simple moving average of $50.24 and a 200-day simple moving average of $55.22.

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

Institutional Trading of Gibraltar Industries

Institutional investors and hedge funds have recently made changes to their positions in the stock. Osaic Holdings Inc. increased its position in Gibraltar Industries by 16.8% during the 2nd quarter. Osaic Holdings Inc. now owns 1,348 shares of the construction company’s stock worth $79,000 after purchasing an additional 194 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in Gibraltar Industries by 73.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 481 shares of the construction company’s stock valued at $28,000 after purchasing an additional 203 shares during the last quarter. Cascade Investment Advisors Inc. lifted its holdings in Gibraltar Industries by 1.1% in the 4th quarter. Cascade Investment Advisors Inc. now owns 19,330 shares of the construction company’s stock valued at $956,000 after purchasing an additional 205 shares in the last quarter. Gabelli Funds LLC lifted its holdings in Gibraltar Industries by 0.6% in the 4th quarter. Gabelli Funds LLC now owns 35,951 shares of the construction company’s stock valued at $1,777,000 after purchasing an additional 208 shares in the last quarter. Finally, State of Alaska Department of Revenue boosted its stake in shares of Gibraltar Industries by 1.6% during the 4th quarter. State of Alaska Department of Revenue now owns 16,702 shares of the construction company’s stock worth $825,000 after purchasing an additional 267 shares during the last quarter. 98.39% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ROCK. CJS Securities upgraded shares of Gibraltar Industries to a “strong-buy” rating in a report on Thursday, December 11th. Zacks Research lowered shares of Gibraltar Industries from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 22nd. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Gibraltar Industries in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

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.