RS - Sell Alert: Karla R Lewis Cashes Out $1.50M In Reliance Steel & Aluminum Stock | Benzinga
It was reported on December 5, that Karla R Lewis, President at Reliance Steel & Aluminum (NYSE:RS) executed a significant insider sell, according to an SEC filing.
What Happened: Lewis's decision to sell 5,374 shares of Reliance Steel & Aluminum was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday. The total value of the sale is $1,498,642.
In the Wednesday's morning session, Reliance Steel & Aluminum's shares are currently trading at $269.94, experiencing a up of 0.1%.
About Reliance Steel & Aluminum
Reliance Steel & Aluminum Co is a metal service center in the United States, providing metal processing and inventory management services for carbon and stainless steel, aluminum, and alloys. Reliance predominantly supplies the nonresidential construction, automotive, aerospace, energy, transportation, and heavy equipment end markets. Its product offerings comprise alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products.
Reliance Steel & Aluminum's Economic Impact: An Analysis
Revenue Challenges: Reliance Steel & Aluminum's revenue growth over 3 months faced difficulties. As of 30 September, 2023, the company experienced a decline of approximately -14.7%. This indicates a decrease in top-line earnings. In comparison to its industry ...