Short Interest in Gibraltar Industries, Inc. (NASDAQ:ROCK) Expands By 78.5%

Gibraltar Industries, Inc. (NASDAQ:ROCK) saw a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 1,149,362 shares, an increase of 78.5% from the February 26th total of 644,042 shares. Approximately 3.9% of the shares of the company are sold short. Based on an average daily trading volume, of 408,509 shares, the days-to-cover ratio is presently 2.8 days.

Insider Buying and Selling

In other Gibraltar Industries news, CEO William T. Bosway bought 4,500 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The stock was bought at an average cost of $38.29 per share, for a total transaction of $172,305.00. Following the completion of the transaction, the chief executive officer owned 228,085 shares of the company’s stock, valued at $8,733,374.65. This represents a 2.01% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James S. Metcalf bought 12,444 shares of Gibraltar Industries stock in a transaction on Tuesday, March 10th. The shares were acquired at an average cost of $40.35 per share, with a total value of $502,115.40. Following the completion of the acquisition, the director owned 15,500 shares of the company’s stock, valued at $625,425. The trade was a 407.20% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders purchased 19,444 shares of company stock worth $775,070. 0.50% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Gibraltar Industries

Several institutional investors and hedge funds have recently modified their holdings of the stock. Pacer Advisors Inc. bought a new position in shares of Gibraltar Industries during the fourth quarter worth $4,122,000. Invesco Ltd. increased its holdings in Gibraltar Industries by 5.5% in the 4th quarter. Invesco Ltd. now owns 147,068 shares of the construction company’s stock valued at $7,271,000 after acquiring an additional 7,672 shares during the last quarter. Vident Advisory LLC lifted its stake in Gibraltar Industries by 9.7% in the 4th quarter. Vident Advisory LLC now owns 11,856 shares of the construction company’s stock worth $586,000 after purchasing an additional 1,046 shares in the last quarter. EP Wealth Advisors LLC purchased a new stake in Gibraltar Industries in the 4th quarter worth $377,000. Finally, XTX Topco Ltd bought a new position in shares of Gibraltar Industries during the 4th quarter valued at about $298,000. Institutional investors own 98.39% of the company’s stock.

Gibraltar Industries Stock Down 1.3%

ROCK stock traded down $0.53 during trading on Friday, reaching $40.39. The company’s stock had a trading volume of 260,917 shares, compared to its average volume of 398,869. The company’s fifty day moving average is $47.86 and its 200-day moving average is $54.01. The company has a market capitalization of $1.19 billion, a P/E ratio of -26.93, a price-to-earnings-growth ratio of 0.72 and a beta of 1.34. Gibraltar Industries has a 1 year low of $37.79 and a 1 year high of $75.08.

Gibraltar Industries (NASDAQ:ROCK) last released 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 during 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. The business’s quarterly revenue was up 16.0% compared to the same quarter last year. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. Analysts anticipate that Gibraltar Industries will post 4.91 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts recently weighed in on ROCK shares. Weiss Ratings reiterated a “sell (d+)” rating on shares of Gibraltar Industries in a research report on Monday, December 29th. Zacks Research cut Gibraltar Industries from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 22nd. Finally, CJS Securities raised Gibraltar Industries to a “strong-buy” rating in a research report on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Gibraltar Industries currently has a consensus 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.