NX - SUSAN DAVIS Executes Sell Order: Offloads $304K In Quanex Building Prods Stock | Benzinga
A substantial insider sell was reported on December 28, by SUSAN DAVIS, Director at Quanex Building Prods (NYSE:NX), based on the recent SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Thursday outlined that DAVIS executed a sale of 9,889 shares of Quanex Building Prods with a total value of $304,137.
Monitoring the market, Quanex Building Prods's shares down by 0.0% at $31.0 during Friday's morning.
Discovering Quanex Building Prods: A Closer Look
Quanex Building Products Corp is a manufacturer of components sold to original equipment manufacturers in the building products industry. It manufactures engineered products like window and door components that include flexible insulating glass spacers, extruded vinyl profiles, window and door screens, solar panel sealants and precision-formed metal and wood products among others. Its three operating segments are North American Fenestration being the key revenue driver, European Fenestration, and North American Cabinet Components. Geographically, it derives a majority of revenue from the United States.
Unraveling the Financial Story of Quanex Building Prods
Negative Revenue Trend: Examining Quanex Building Prods's financials over 3 months reveals challenges. As of 31 October, 2023, the company experienced a decline of approximately -3.91% in revenue growth, ...