Stock Traders Purchase High Volume of Put Options on Gibraltar Industries (NASDAQ:ROCK)

Gibraltar Industries, Inc. (NASDAQ:ROCK) saw some unusual options trading activity on Monday. Stock investors bought 19,068 put options on the stock. This represents an increase of 4,866% compared to the typical daily volume of 384 put options.

Analyst Upgrades and Downgrades

ROCK has been the topic of a number of recent analyst reports. Longbow Research assumed coverage on Gibraltar Industries in a research note on Tuesday, July 7th. They issued a “buy” rating on the stock. Seaport Research Partners reissued a “buy” rating and set a $55.00 target price on shares of Gibraltar Industries in a research note on Tuesday, May 12th. Zacks Research raised shares of Gibraltar Industries from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 28th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Gibraltar Industries in a report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Gibraltar Industries currently has an average rating of “Moderate Buy”.

Gibraltar Industries Stock Down 3.5%

NASDAQ:ROCK traded down $1.74 during mid-day trading on Monday, reaching $48.49. The company’s stock had a trading volume of 119,942 shares, compared to its average volume of 357,119. Gibraltar Industries has a 1 year low of $33.56 and a 1 year high of $75.08. The stock has a fifty day moving average of $42.82 and a 200-day moving average of $43.23. The firm has a market capitalization of $1.44 billion, a PE ratio of -9.65, a price-to-earnings-growth ratio of 0.87 and a beta of 1.22. The company has a quick ratio of 0.91, a current ratio of 1.46 and a debt-to-equity ratio of 1.37.

Gibraltar Industries (NASDAQ:ROCK) last issued its earnings results on Wednesday, August 5th. The construction company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.09. The company had revenue of $509.55 million for the quarter, compared to analysts’ expectations of $472.09 million. Gibraltar Industries had a negative net margin of 10.43% and a positive return on equity of 11.23%. The firm’s quarterly revenue was down 100.0% on a year-over-year basis. During the same period in the prior year, the business earned $1.13 EPS. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. Equities research analysts forecast that Gibraltar Industries will post 3.84 earnings per share for the current year.

Insider Buying and Selling

In other news, VP Katherine Bolanowski acquired 1,400 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was acquired at an average price of $35.63 per share, with a total value of $49,882.00. Following the completion of the purchase, the vice president directly owned 17,389 shares in the company, valued at approximately $619,570.07. This trade represents a 8.76% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO William T. Bosway bought 19,735 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were acquired at an average price of $37.44 per share, with a total value of $738,878.40. Following the transaction, the chief executive officer directly owned 250,320 shares of the company’s stock, valued at approximately $9,371,980.80. This trade represents a 8.56% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have bought 22,135 shares of company stock valued at $823,380 in the last ninety days. 0.90% of the stock is owned by company insiders.

Hedge Funds Weigh In On Gibraltar Industries

Institutional investors have recently bought and sold shares of the business. Royal Bank of Canada boosted its position in Gibraltar Industries by 7.3% during the 1st quarter. Royal Bank of Canada now owns 12,879 shares of the construction company’s stock valued at $756,000 after acquiring an additional 875 shares in the last quarter. Jones Financial Companies Lllp purchased a new stake in shares of Gibraltar Industries during the 1st quarter worth $248,000. Goldman Sachs Group Inc. boosted its position in Gibraltar Industries by 26.5% during the first quarter. Goldman Sachs Group Inc. now owns 194,359 shares of the construction company’s stock valued at $11,401,000 after purchasing an additional 40,656 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Gibraltar Industries by 12.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 86,935 shares of the construction company’s stock valued at $5,100,000 after purchasing an additional 9,354 shares in the last quarter. Finally, Jane Street Group LLC grew its stake in Gibraltar Industries by 150.5% in the first quarter. Jane Street Group LLC now owns 102,703 shares of the construction company’s stock valued at $6,025,000 after purchasing an additional 61,702 shares during the last quarter. 98.39% of the stock is owned by hedge funds and other institutional investors.

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.