Following this sale, Singh retains direct ownership of 904,152 shares. In addition, Singh holds several indirect ownership interests through trusts, with holdings of 750,000, 112,207, 9,476, 234,793, 186,705 and 100,000 shares. These transactions were carried out according to a pre-agreed trading plan, as stated in the filing. The company demonstrates strong financial health with a current ratio of 2.17 and moderate debt levels, earning a “GOOD” overall financial health score of InvestingProwhich offers 12 additional investment tips and a comprehensive Pro Research Report for in-depth analysis. The company demonstrates strong financial health with a current ratio of 2.17 and moderate debt levels, earning a “GOOD” overall financial health score of InvestingProwhich offers 12 additional investment tips and a comprehensive Pro Research Report for in-depth analysis.
Following this sale, Singh retains direct ownership of 904,152 shares. In addition, Singh holds several indirect ownership interests through trusts, with holdings of 750,000, 112,207, 9,476, 234,793, 186,705 and 100,000 shares. These transactions were made according to a pre-agreed trading plan, as stated in the filing.
In other recent news, Installed Building Products (NYSE: ) acquired Capital Insulation, LLC and CBS & Mirror, LLC, adding more than $12 million in annual revenue. IBP also reported record net income of $761 million in Q3 2024. However, Seaport Global Securities downgraded IBP stock from Buy to Neutral.
Meanwhile, HLMN was named the benchmark’s top pick for FY25, and Azek Co. has experienced a number of significant developments. Azek’s fiscal fourth-quarter earnings beat estimates, and the company secured an $815 million loan from Wells Fargo (NYSE:) JPMorgan Chase Securities and Bank (NYSE:). Citi analyst Anthony Pettinari upgraded Azek’s stock rating from Neutral to Buy, increasing his price target to $60.
Azek Co. also revised its executive severance plan, bringing it in line with industry standards. The move was well received by the executive team, including CEO Jesse Singh. These are recent developments for the companies, as reported by analysts from various firms including RBC Capital Markets, BMO Capital Markets and Benchmark.
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