PGT Innovations, Inc. (NYSE:PGTI) Shares Acquired by Texas Permanent School Fund

Texas Permanent School Fund lifted its holdings in shares of PGT Innovations, Inc. (NYSE:PGTIGet Rating) by 2.4% during the 2nd quarter, Holdings Channel.com reports. The fund owned 43,308 shares of the construction company’s stock after buying an additional 1,035 shares during the period. Texas Permanent School Fund’s holdings in PGT Innovations were worth $721,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Cooke & Bieler LP raised its position in shares of PGT Innovations by 2.2% during the 1st quarter. Cooke & Bieler LP now owns 3,892,268 shares of the construction company’s stock worth $69,983,000 after acquiring an additional 84,397 shares in the last quarter. Vanguard Group Inc. raised its position in shares of PGT Innovations by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 3,866,921 shares of the construction company’s stock worth $69,528,000 after acquiring an additional 85,783 shares in the last quarter. Lazard Asset Management LLC grew its stake in PGT Innovations by 0.5% during the 1st quarter. Lazard Asset Management LLC now owns 2,368,006 shares of the construction company’s stock worth $42,576,000 after buying an additional 10,839 shares during the last quarter. State Street Corp grew its stake in PGT Innovations by 2.1% during the 1st quarter. State Street Corp now owns 1,965,658 shares of the construction company’s stock worth $35,343,000 after buying an additional 40,621 shares during the last quarter. Finally, Stadium Capital Management LLC grew its stake in PGT Innovations by 103.3% during the 1st quarter. Stadium Capital Management LLC now owns 1,862,987 shares of the construction company’s stock worth $33,497,000 after buying an additional 946,715 shares during the last quarter. Institutional investors and hedge funds own 88.69% of the company’s stock.

PGT Innovations Trading Up 0.9 %

Shares of PGTI stock opened at $19.75 on Monday. 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 twelve month low of $15.42 and a twelve month high of $23.81. The company has a market capitalization of $1.18 billion, a P/E ratio of 11.62 and a beta of 1.35. The company has a current ratio of 2.98, a quick ratio of 2.40 and a debt-to-equity ratio of 1.02.

Insider Buying and Selling at PGT Innovations

In related news, Director Richard D. Feintuch bought 10,000 shares of the stock in a transaction on Tuesday, November 15th. The shares were bought at an average cost of $20.30 per share, for a total transaction of $203,000.00. Following the purchase, the director now owns 106,993 shares of the company’s stock, valued at approximately $2,171,957.90. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other PGT Innovations news, Director Richard D. Feintuch purchased 10,000 shares of the firm’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 purchase, the director now directly owns 106,993 shares in the company, valued at $2,171,957.90. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Rodney Hershberger sold 2,000 shares of PGT Innovations stock in a transaction that occurred on Tuesday, November 1st. The shares were sold at an average price of $20.95, for a total value of $41,900.00. Following the completion of the sale, the director now owns 1,362,638 shares in the company, valued at $28,547,266.10. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 14,000 shares of company stock worth $294,320. 4.50% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft dropped their price target on PGT Innovations from $38.00 to $29.00 and set a “buy” rating on the stock in a research note on Thursday, October 20th. StockNews.com upgraded PGT Innovations from a “hold” rating to a “buy” rating in a research note on Friday, October 28th. Finally, Truist Financial raised their price target on PGT Innovations to $27.00 in a research note on Wednesday, November 16th.

PGT Innovations Profile

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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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Institutional Ownership by Quarter for PGT Innovations (NYSE:PGTI)

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