VMC - David Clement Implements A Sell Strategy: Offloads $254K In Vulcan Materials Stock | Benzinga
David Clement, Senior Vice President at Vulcan Materials (NYSE:VMC), disclosed an insider sell on May 30, according to a recent SEC filing.
What Happened: Clement's decision to sell 1,000 shares of Vulcan Materials was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The total value of the sale is $254,500.
During Friday's morning session, Vulcan Materials shares down by 0.0%, currently priced at $254.08.
Get to Know Vulcan Materials Better
Vulcan Materials is the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). Its largest markets include Texas, California, Virginia, Tennessee, Georgia, Florida, North Carolina, and Alabama. In 2023, Vulcan sold 234.3 million tons of aggregates, 13.4 million tons of asphalt mix, and 7.5 million cubic yards of ready-mix. As of Dec. 31, 2022, the company had nearly 16 billion tons of aggregates reserves.
Financial Milestones: Vulcan Materials's Journey
Revenue Challenges: Vulcan Materials's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -6.26%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with ...