Insider Buying: PGT Innovations, Inc. (NYSE:PGTI) Director Purchases $203,000.00 in Stock

PGT Innovations, Inc. (NYSE:PGTIGet Rating) Director Richard D. Feintuch acquired 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 15th. The shares were purchased at an average cost of $20.30 per share, for a total transaction of $203,000.00. Following the completion of the transaction, the director now directly owns 106,993 shares in the company, valued at approximately $2,171,957.90. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

PGT Innovations Stock Up 0.9 %

PGTI stock opened at $19.75 on Monday. The company has a market cap of $1.18 billion, a price-to-earnings ratio of 11.62 and a beta of 1.35. The company has a debt-to-equity ratio of 1.02, a quick ratio of 2.40 and a current ratio of 2.98. The business’s 50-day moving average is $21.16 and its two-hundred day moving average is $20.12. PGT Innovations, Inc. has a fifty-two week low of $15.42 and a fifty-two week high of $23.81.

Institutional Trading of PGT Innovations

Several large investors have recently added to or reduced their stakes in the business. Price T Rowe Associates Inc. MD lifted its position in shares of PGT Innovations by 0.7% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 63,226 shares of the construction company’s stock valued at $1,052,000 after buying an additional 462 shares in the last quarter. Oregon Public Employees Retirement Fund increased its stake in shares of PGT Innovations by 2.9% in the third quarter. Oregon Public Employees Retirement Fund now owns 19,823 shares of the construction company’s stock worth $415,000 after purchasing an additional 554 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of PGT Innovations by 0.6% during the 2nd quarter. Goldman Sachs Group Inc. now owns 96,994 shares of the construction company’s stock valued at $1,614,000 after purchasing an additional 621 shares during the period. Victory Capital Management Inc. lifted its stake in shares of PGT Innovations by 0.8% during the 3rd quarter. Victory Capital Management Inc. now owns 87,450 shares of the construction company’s stock valued at $1,833,000 after buying an additional 652 shares in the last quarter. Finally, Bank of Montreal Can boosted its holdings in PGT Innovations by 4.6% in the 1st quarter. Bank of Montreal Can now owns 16,931 shares of the construction company’s stock worth $336,000 after buying an additional 748 shares during the period. 88.69% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on PGTI. Deutsche Bank Aktiengesellschaft lowered their price objective on PGT Innovations from $38.00 to $29.00 and set a “buy” rating on the stock in a research report on Thursday, October 20th. Truist Financial increased their price objective on PGT Innovations to $27.00 in a research report on Wednesday, November 16th. Finally, StockNews.com upgraded PGT Innovations from a “hold” rating to a “buy” rating in a report on Friday, October 28th.

About PGT Innovations

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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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Insider Buying and Selling by Quarter for PGT Innovations (NYSE:PGTI)

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