SiteOne Landscape Supply, Inc. (NYSE:SITE – Get Free Report) CEO Doug Black acquired 5,000 shares of the stock in a transaction on Wednesday, August 26th. The stock was bought at an average cost of $96.13 per share, with a total value of $480,650.00. Following the completion of the transaction, the chief executive officer owned 13,000 shares in the company, valued at $1,249,690. This trade represents a 62.50% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Doug Black also recently made the following trade(s):
- On Tuesday, August 4th, Doug Black bought 8,000 shares of SiteOne Landscape Supply stock. The stock was bought at an average price of $102.03 per share, for a total transaction of $816,240.00.
SiteOne Landscape Supply Trading Up 1.1%
Shares of NYSE:SITE traded up $1.06 during trading on Friday, reaching $96.56. 548,535 shares of the company were exchanged, compared to its average volume of 778,385. The business’s fifty day simple moving average is $103.00 and its 200-day simple moving average is $120.03. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.30 and a quick ratio of 1.01. SiteOne Landscape Supply, Inc. has a 12-month low of $90.07 and a 12-month high of $168.56. The firm has a market capitalization of $4.21 billion, a PE ratio of 26.45, a P/E/G ratio of 1.39 and a beta of 1.35.
Institutional Investors Weigh In On SiteOne Landscape Supply
A number of hedge funds have recently made changes to their positions in the stock. Basecamp Wealth Advisors LLC grew its stake in SiteOne Landscape Supply by 219.0% in the first quarter. Basecamp Wealth Advisors LLC now owns 185 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 127 shares during the last quarter. Whittier Trust Co. lifted its position in shares of SiteOne Landscape Supply by 72.7% during the first quarter. Whittier Trust Co. now owns 209 shares of the industrial products company’s stock valued at $27,000 after buying an additional 88 shares during the last quarter. Rothschild Investment LLC boosted its holdings in shares of SiteOne Landscape Supply by 1,521.4% in the 4th quarter. Rothschild Investment LLC now owns 227 shares of the industrial products company’s stock valued at $28,000 after buying an additional 213 shares in the last quarter. IFP Advisors Inc boosted its holdings in shares of SiteOne Landscape Supply by 106.8% in the 4th quarter. IFP Advisors Inc now owns 306 shares of the industrial products company’s stock valued at $38,000 after buying an additional 158 shares in the last quarter. Finally, Empowered Funds LLC purchased a new position in shares of SiteOne Landscape Supply in the 4th quarter worth approximately $42,000.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on SITE shares. Deutsche Bank Aktiengesellschaft upgraded SiteOne Landscape Supply from a “hold” rating to a “buy” rating and set a $160.00 price target on the stock in a research note on Thursday, April 30th. Barclays lowered their price objective on shares of SiteOne Landscape Supply from $129.00 to $108.00 and set an “equal weight” rating for the company in a research note on Thursday, July 30th. Zacks Research cut shares of SiteOne Landscape Supply from a “hold” rating to a “strong sell” rating in a report on Monday, June 22nd. Truist Financial cut their target price on shares of SiteOne Landscape Supply from $200.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Finally, Weiss Ratings lowered shares of SiteOne Landscape Supply from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, August 17th. Seven investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $135.27.
Get Our Latest Analysis on SITE
SiteOne Landscape Supply Company Profile
SiteOne Landscape Supply is a leading distributor of landscape supplies and irrigation equipment in North America. The company serves a broad range of customers, including independent landscapers, lawn and garden retailers, municipalities and other commercial landscape professionals. Its product portfolio spans irrigation and lighting controls, pipes and fittings, fertilizers and soils, lighting fixtures, hardscapes, outdoor lighting systems and related installation accessories.
In addition to core product lines, SiteOne offers agronomic services designed to optimize turf and plant health, as well as online tools and training resources to help customers plan, specify and manage projects more efficiently.
Read More
- Five stocks we like better than SiteOne Landscape Supply
- 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole
- IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings
- Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude?
- Okta Stock Surges 29%—Is $200 the Next Stop?
Receive News & Ratings for SiteOne Landscape Supply Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SiteOne Landscape Supply and related companies with MarketBeat.com's FREE daily email newsletter.
