Ryerson Holding Corporation (NYSE:RYI) CEO Edward J. Lehner purchased 2,080 shares of the company’s stock in a transaction that occurred on Monday, August 7th. The shares were purchased at an average cost of $8.30 per share, for a total transaction of $17,264.00. Following the completion of the purchase, the chief executive officer now owns 122,080 shares in the company, valued at approximately $1,013,264. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Ryerson Holding Corporation (NYSE RYI) traded down 3.66% during mid-day trading on Wednesday, hitting $7.90. The stock had a trading volume of 345,756 shares. Ryerson Holding Corporation has a 52-week low of $7.80 and a 52-week high of $16.85. The firm has a market cap of $293.69 million, a PE ratio of 14.08 and a beta of 2.11. The stock’s 50-day moving average price is $9.05 and its 200-day moving average price is $10.48.

Ryerson Holding Corporation (NYSE:RYI) last announced its quarterly earnings data on Thursday, August 3rd. The basic materials company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by $0.05. Ryerson Holding Corporation had a negative return on equity of 53.49% and a net margin of 0.48%. The firm had revenue of $875.40 million during the quarter, compared to analysts’ expectations of $875.13 million. During the same quarter in the previous year, the firm earned $0.17 earnings per share. Ryerson Holding Corporation’s revenue was up 18.3% on a year-over-year basis. On average, analysts anticipate that Ryerson Holding Corporation will post $1.06 earnings per share for the current fiscal year.

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A number of institutional investors have recently made changes to their positions in RYI. Parametric Portfolio Associates LLC raised its position in shares of Ryerson Holding Corporation by 31.5% in the first quarter. Parametric Portfolio Associates LLC now owns 187,525 shares of the basic materials company’s stock worth $2,363,000 after buying an additional 44,900 shares during the last quarter. TFS Capital LLC purchased a new position in shares of Ryerson Holding Corporation during the first quarter worth $305,000. Bank of New York Mellon Corp raised its position in shares of Ryerson Holding Corporation by 3.3% in the first quarter. Bank of New York Mellon Corp now owns 74,245 shares of the basic materials company’s stock worth $936,000 after buying an additional 2,404 shares during the last quarter. Capital Fund Management S.A. raised its position in shares of Ryerson Holding Corporation by 16.6% in the first quarter. Capital Fund Management S.A. now owns 16,428 shares of the basic materials company’s stock worth $207,000 after buying an additional 2,335 shares during the last quarter. Finally, Bowling Portfolio Management LLC raised its position in shares of Ryerson Holding Corporation by 16.1% in the first quarter. Bowling Portfolio Management LLC now owns 35,010 shares of the basic materials company’s stock worth $441,000 after buying an additional 4,860 shares during the last quarter. Institutional investors own 39.66% of the company’s stock.

RYI has been the topic of a number of research reports. BMO Capital Markets reaffirmed a “hold” rating and set a $13.00 price target on shares of Ryerson Holding Corporation in a research note on Thursday, April 20th. ValuEngine downgraded Ryerson Holding Corporation from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, May 16th. Zacks Investment Research downgraded Ryerson Holding Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, June 21st. BidaskClub downgraded Ryerson Holding Corporation from a “sell” rating to a “strong sell” rating in a research note on Friday, July 28th. Finally, TheStreet raised Ryerson Holding Corporation from a “d” rating to a “c” rating in a research note on Monday. Two research analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company’s stock. Ryerson Holding Corporation presently has an average rating of “Hold” and a consensus target price of $14.33.

Ryerson Holding Corporation Company Profile

Ryerson Holding Corporation is a service center company for carbon and stainless steel, as well as aluminum. The Company operates through metal service centers segment. In addition to providing a range of flat and long metals products, it offers various value-added processing and fabrication services, such as sawing, slitting, blanking, cutting to length, leveling, flame cutting, laser cutting, edge trimming, edge rolling, roll forming, tube manufacturing, polishing, shearing, forming, stamping, punching, rolling shell plate to radius and beveling to process materials to a specified thickness, length, width, shape and surface quality pursuant to specific customer orders.

Insider Buying and Selling by Quarter for Ryerson Holding Corporation (NYSE:RYI)

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