LMB - Eye On Growth: Michael M McCann Adds $100K Of Limbach Holdings Stock To Portfolio | Benzinga
A notable insider purchase on May 20, was reported by Michael M McCann, Chief Executive Officer at Limbach Holdings (NASDAQ:LMB), based on the most recent SEC filing.
What Happened: McCann made a significant move by purchasing 2,099 shares of Limbach Holdings as reported in a Form 4 filing with the U.S. Securities and Exchange Commission. The transaction's total worth stands at $100,270.
At Tuesday morning, Limbach Holdings shares are up by 0.82%, trading at $48.9.
Delving into Limbach Holdings's Background
Limbach Holdings Inc is a commercial specialty contractor in the fields of heating, ventilation, air conditioning, plumbing, electrical, and building controls for the design and construction of new and renovated buildings, maintenance services, energy retrofits, and equipment upgrades. It operates in two segments namely General Contractor Relationships (GCR) and Owner Direct Relationships (ODR). The company generates maximum revenue from the ODR segment.
Financial Insights: Limbach Holdings
Negative Revenue Trend: Examining Limbach Holdings's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -1.68% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the ...