PGT Innovations, Inc. (NYSE:PGTI – Get Rating) Director Richard D. Feintuch purchased 10,000 shares of the firm’s stock in a transaction on Tuesday, November 15th. The stock was acquired at an average price of $20.30 per share, with a total value of $203,000.00. Following the completion of the transaction, the director now owns 106,993 shares in the company, valued at approximately $2,171,957.90. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
PGT Innovations Trading Up 0.9 %
Shares of NYSE:PGTI traded up $0.18 during trading on Friday, reaching $19.75. The stock had a trading volume of 316,284 shares, compared to its average volume of 376,572. The firm’s fifty day moving average is $21.16 and its 200 day moving average is $20.10. The company has a debt-to-equity ratio of 1.02, a quick ratio of 2.40 and a current ratio of 2.98. PGT Innovations, Inc. has a 52 week low of $15.42 and a 52 week high of $23.81. The stock has a market cap of $1.18 billion, a price-to-earnings ratio of 11.62 and a beta of 1.35.
Institutional Investors Weigh In On PGT Innovations
Institutional investors have recently modified their holdings of the company. Point72 Hong Kong Ltd boosted its stake in shares of PGT Innovations by 171.4% in the 3rd quarter. Point72 Hong Kong Ltd now owns 1,615 shares of the construction company’s stock valued at $34,000 after purchasing an additional 1,020 shares during the last quarter. Clearstead Advisors LLC bought a new stake in shares of PGT Innovations in the 3rd quarter valued at $42,000. KBC Group NV bought a new stake in shares of PGT Innovations in the 2nd quarter valued at $82,000. UBS Group AG boosted its stake in shares of PGT Innovations by 22.2% in the 3rd quarter. UBS Group AG now owns 4,524 shares of the construction company’s stock valued at $95,000 after purchasing an additional 822 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in shares of PGT Innovations by 108.8% in the 3rd quarter. Tower Research Capital LLC TRC now owns 4,722 shares of the construction company’s stock valued at $99,000 after purchasing an additional 2,460 shares during the last quarter. 88.69% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
PGTI has been the subject of several recent research reports. Truist Financial upped their price target on shares of PGT Innovations to $27.00 in a research report on Wednesday. StockNews.com upgraded shares of PGT Innovations from a “hold” rating to a “buy” rating in a research report on Friday, October 28th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of PGT Innovations from $38.00 to $29.00 and set a “buy” rating for the company in a research report on Thursday, October 20th.
About PGT Innovations
PGT Innovations, Inc, together with its subsidiaries manufactures and supplies impact-resistant aluminum frame windows and doors in the United States and internationally. The company provides heavy-duty aluminum or vinyl frames with laminated glass to provide protection from hurricane-force winds and wind-borne debris; and non-impact resistant vinyl windows with insulating glass and multi-chambered frames for various climate zones.
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