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Insider Trends: Gibraltar Industries Insider Receives Stock Award, Buy Trend Intact

05/07/2021 11:34

03:32 PM EDT, 05/07/2021 (MT Newswires) -- On May 05, 2021, Director, Mark G Barberio, was awarded 1,256 Gibraltar Industries (ROCK) shares having an approximate value of $103,846 based on the daily closing price of the shares. Barberio has control over 8,526 shares of company stock of which 5,826 shares are controlled directly and 2,700 shares indirectly subsequent to the transactions delineated in the SEC Form 4 filing. These holdings have an approximate market value of $704,930 as of the prior-day closing price.

Over the last 90 days, prior to the date of this filing, there have been 46 insider transactions reported to the SEC for Gibraltar Industries. These transactions came from the activities of 6 different insiders that resulted in a net acquisition of 32,745 company shares. Relative to the preceding 90-day window of time, there were 9 transactions from 3 insiders that resulted in the net disposition of 4,473 shares.

This level of insider transactions is below that of the peer group average in the 31-company Steel peer group over the last 90-day period. Peer group activity averaged 94.5 transactions per company, and disposition of 28,411 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/912562/000112760221015824/xslF345X03/form4.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.