NWPX Infrastructure, Inc. (NASDAQ:NWPX – Get Free Report) CEO Scott Montross sold 2,500 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $115.13, for a total transaction of $287,825.00. Following the sale, the chief executive officer directly owned 73,629 shares in the company, valued at approximately $8,476,906.77. The trade was a 3.28% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
NWPX Infrastructure Stock Performance
Shares of NWPX stock traded down $3.92 during trading hours on Tuesday, reaching $113.12. The company had a trading volume of 54,276 shares, compared to its average volume of 148,840. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.94 and a current ratio of 2.71. The business has a fifty day moving average price of $131.63 and a 200-day moving average price of $103.02. NWPX Infrastructure, Inc. has a one year low of $49.25 and a one year high of $152.03. The firm has a market cap of $1.09 billion, a PE ratio of 22.67, a price-to-earnings-growth ratio of 1.95 and a beta of 1.09.
NWPX Infrastructure (NASDAQ:NWPX – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $1.62 earnings per share for the quarter, beating analysts’ consensus estimates of $1.33 by $0.29. NWPX Infrastructure had a net margin of 8.49% and a return on equity of 12.22%. The company had revenue of $159.48 million for the quarter, compared to the consensus estimate of $154.70 million. Sell-side analysts predict that NWPX Infrastructure, Inc. will post 5.43 earnings per share for the current fiscal year.
Analyst Ratings Changes
View Our Latest Analysis on NWPX Infrastructure
Hedge Funds Weigh In On NWPX Infrastructure
Several large investors have recently modified their holdings of the stock. Empowered Funds LLC purchased a new position in shares of NWPX Infrastructure during the second quarter worth approximately $6,997,000. Jefferies Financial Group Inc. bought a new stake in shares of NWPX Infrastructure in the 2nd quarter valued at about $628,000. Capstone Investment Advisors LLC acquired a new stake in NWPX Infrastructure in the second quarter valued at approximately $489,000. Bank of America Corp DE acquired a new stake in shares of NWPX Infrastructure in the 2nd quarter worth $4,208,000. Finally, Jupiter Topco LLC purchased a new stake in shares of NWPX Infrastructure during the second quarter worth about $808,000. Institutional investors own 80.63% of the company’s stock.
About NWPX Infrastructure
Northwest Pipe Company, together with its subsidiaries, engages in the manufacture and supply of water-related infrastructure products in North America. It operates in two segments, Engineered Steel Pressure Pipe (SPP) and Precast Infrastructure and Engineered Systems (Precast). The SPP segment offers large-diameter and high-pressure steel pipeline systems for use in water infrastructure applications, which are primarily related to drinking water systems. Its products are also used for hydroelectric power systems, wastewater systems, seismic resiliency, and other applications.
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