Insider Buying: Gibraltar Industries (NASDAQ:ROCK) CEO Buys $59,280.00 in Stock

Gibraltar Industries, Inc. (NASDAQ:ROCK) CEO William Bosway purchased 1,500 shares of the business’s stock in a transaction dated Tuesday, March 10th. The shares were purchased at an average cost of $39.52 per share, with a total value of $59,280.00. Following the completion of the purchase, the chief executive officer directly owned 229,585 shares in the company, valued at approximately $9,073,199.20. This represents a 0.66% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Gibraltar Industries Trading Up 0.0%

ROCK opened at $42.34 on Friday. Gibraltar Industries, Inc. has a 1 year low of $37.79 and a 1 year high of $75.08. The stock’s 50 day simple moving average is $50.60 and its 200-day simple moving average is $55.67. The stock has a market cap of $1.25 billion, a PE ratio of -28.23, a P/E/G ratio of 0.75 and a beta of 1.34.

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 the consensus estimate of $0.74 by $0.02. Gibraltar Industries had a negative net margin of 3.76% and a positive return on equity of 12.05%. The business had revenue of $268.69 million for the quarter, compared to analyst estimates of $265.13 million. During the same quarter last year, the firm earned $1.01 EPS. Gibraltar Industries’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. Equities analysts forecast that Gibraltar Industries, Inc. will post 4.91 earnings per share for the current fiscal year.

Institutional Trading of Gibraltar Industries

Institutional investors and hedge funds have recently bought and sold shares of the company. Osaic Holdings Inc. lifted its stake in Gibraltar Industries by 16.8% in the second quarter. Osaic Holdings Inc. now owns 1,348 shares of the construction company’s stock worth $79,000 after purchasing an additional 194 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in Gibraltar Industries by 73.0% in the second 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 period. Cascade Investment Advisors Inc. boosted its holdings in Gibraltar Industries by 1.1% in the fourth quarter. Cascade Investment Advisors Inc. now owns 19,330 shares of the construction company’s stock valued at $956,000 after acquiring an additional 205 shares during the last quarter. Gabelli Funds LLC increased its stake in Gibraltar Industries by 0.6% during the 4th quarter. Gabelli Funds LLC now owns 35,951 shares of the construction company’s stock worth $1,777,000 after purchasing an additional 208 shares in the last quarter. Finally, State of Alaska Department of Revenue lifted its position in Gibraltar Industries by 1.6% during the fourth 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 period. 98.39% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

About Gibraltar Industries

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.