Insider Buying: Gibraltar Industries (NASDAQ:ROCK) Director Purchases 12,444 Shares of Stock

Gibraltar Industries, Inc. (NASDAQ:ROCK) Director James Metcalf purchased 12,444 shares of the stock in a transaction that occurred on Tuesday, March 10th. The shares were bought at an average cost of $40.35 per share, for a total transaction of $502,115.40. Following the acquisition, the director owned 15,500 shares of the company’s stock, valued at approximately $625,425. The trade was a 407.20% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Gibraltar Industries Stock Performance

Gibraltar Industries stock traded up $0.55 during mid-day trading on Thursday, reaching $42.87. 128,205 shares of the company were exchanged, compared to its average volume of 336,840. The firm’s 50-day simple moving average is $50.74 and its two-hundred day simple moving average is $55.76. Gibraltar Industries, Inc. has a twelve month low of $37.79 and a twelve month high of $75.08. The firm has a market cap of $1.27 billion, a PE ratio of -28.62, a price-to-earnings-growth ratio of 0.73 and a beta of 1.34.

Gibraltar Industries (NASDAQ:ROCK) last released its earnings results on Thursday, February 26th. The construction company reported $0.76 earnings per share (EPS) for the quarter, beating 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 business had revenue of $268.69 million for the quarter, compared to analyst estimates of $265.13 million. During the same quarter in the previous year, the company posted $1.01 earnings per share. The company’s revenue for the quarter 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. As a group, equities research analysts anticipate that Gibraltar Industries, Inc. will post 4.91 EPS for the current year.

Institutional Trading of Gibraltar Industries

Institutional investors have recently made changes to their positions in the stock. Hantz Financial Services Inc. boosted its stake in shares of Gibraltar Industries by 240.0% in the fourth quarter. Hantz Financial Services Inc. now owns 510 shares of the construction company’s stock valued at $25,000 after purchasing an additional 360 shares during the period. Caitong International Asset Management Co. Ltd lifted its stake in shares of Gibraltar Industries by 822.2% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 498 shares of the construction company’s stock worth $25,000 after acquiring an additional 444 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Gibraltar Industries by 73.0% in the second quarter. EverSource Wealth Advisors LLC now owns 481 shares of the construction company’s stock worth $28,000 after acquiring an additional 203 shares in the last quarter. Advisory Services Network LLC purchased a new position in Gibraltar Industries in the third quarter valued at about $38,000. Finally, Kestra Advisory Services LLC acquired a new stake in Gibraltar Industries during the 4th quarter valued at approximately $39,000. 98.39% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ROCK has been the topic of a number of analyst reports. CJS Securities raised Gibraltar Industries to a “strong-buy” rating in a research note on Thursday, December 11th. Weiss Ratings restated a “sell (d+)” rating on shares of Gibraltar Industries in a report on Monday, December 29th. Finally, Zacks Research cut shares of Gibraltar Industries from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 22nd. One 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 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.