On Oct 21, Hershberger Rodney, Director exercised an option 25,000 shares of PGT Innovations Inc. (NYSE: PGTI), with the average selling price of the stock being $2.00 per share. The total amount realized from this exercised an option $50,000. A document was filed with the Securities and Exchange Commission to notify the public about the exercised an option of the shares.
In addition to that, Director – Hershberger Rodney sold an extra 11,530 shares of this stock in a transaction that took place a day before, on Oct 21, with a share sold at an average of $17.96 and a total of $207,079 was realized from this transaction. After the transaction, the Director – Hershberger Rodney was left with 1,288,928 shares of the company’s stock, which is currently worth around $23149146.88.
The recent price movement of PGTI means that it is now down by -28.11% from its 52-week high and 16.17% up against its 52-week low prices. Over the past one week, the price volatility of PGTI stands at 3.93% while the volatility over the past one month is 2.96%. The beta score for this stock is 0.97. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.
The company on 11/07/2019 published its latest quarterly earnings, with the report showing that the company recorded 0.38 earnings per share (EPS) during that period. This report was above the expectations of analysts of 0.26 by 0.12. The revenue by the firm was 196.89M for the quarter.
The shares of PGT Innovations Inc. (PGTI) dropped by -12.76%, leading to a loss of -$2.26 per share, and saw PGTI end the trading session at $15.45 on Thursday 11/07/19. PGTI started the trading session at $16.00, before reaching a daily high of $16.51. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $15.12.
The trading volume on Thursday stood at 1665595, which was below the stock’s 3-month average volume of 362.33K shares, out of a total 56.24M shares. As the price of the stock dipped, the market valuation of the company dropped to 891.93 million.
The shares of Wells Fargo & Company (NYSE: WFC) went up by 0.37% by the end of the recent trading session. This movement saw its price surge to close at $54.00, which was higher than the previous closing price of $53.80. Over the past one week, the price of WFC has jumped by 4.59%, while it has recorded a gain of 12.15% over the past one month. Its three-month performance saw WFC gain 16.63% while its six-month performance saw it surge by 14.53%. The situation is different though over the past one year, as the stock price went up by 0.84%, while its year-to-date (YTD) price performance jumped by 17.19%. The stock price has gone up by +24.60% compared to its 90-day low, while it is down -0.74% compared to its 90-day high price.
Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Buy. In the short-term, the stock has a 20-day average volume of 21,036,545 shares, with the short-term indicators averagely rating the stock as a 100% Buy. A look at its medium-term indicators reveals that it has a 50-Day average volume of 21,606,742 shares and the indicators have an average rating of 100% Buy. The last indicators, the long-term see WFC stock with a 100-Day average volume of 20,658,359 shares, giving it an average rating of 50% Buy. A look at the general picture of all short, medium and long-term indicators leaves WFC with an average rating of 88% Buy.
Several brokerage firms sent out their reports WFC stock not long ago. In its report sent out on September 30, 2019, Argus lowered its ratings on WFC from a Hold to a Buy. In an earlier report on September 30, 2019, Robert W. Baird Downgrade the stock from a Outperform to a Neutral. UBS meanwhile in its report on September 10, 2019 Downgrade its rating of the stock from a “Neutral” to “Neutral”.
In related news to the company’s stock, around 77.50% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 2084 institutions currently hold the WFC stock. In the last quarter, a 3,388,648,993 WFC shares were in the possession of institutions. On the other hand, the company recorded 116 new institutions who bought it their stock, while 111 institutions sold their entire WFC reserve. Of the current institutions investing in the stock, 834 increased their investment while 1,003 decreased their investment in the stock.