On April 23, Jane M. Boyce, President at Apogee Enterprises (NASDAQ:APOG) executed a significant insider buy, as disclosed in the latest SEC filing.
What Happened: In a recent Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday, Boyce increased their investment in Apogee Enterprises by purchasing 6,742 shares through open-market transactions, signaling confidence in the company's potential. The total transaction value is $390,698.
At Wednesday morning, Apogee Enterprises shares are down by 0.66%, trading at $61.23.
Delving into Apogee Enterprises's Background
Apogee Enterprises Inc is a manufacturer of architectural glass and metal glass framings. The company also provides building glass installation services. Its four main business segments are Architectural Framing Systems; Architectural Glass; Architectural Services and Large-Scale Optical Technologies (LSO). It generates maximum revenue from the Architectural Framing Systems segment. The Architectural Framing Systems segment designs, engineers, fabricates and finishes the aluminum frames used in customized aluminum and glass window, curtainwall, storefront and entrance systems comprising the outside skin and entrances of commercial, institutional and high-end multi-family residential buildings. Geographically, it derives a majority of revenue from the United States.
Financial Milestones: Apogee Enterprises's Journey
Revenue Growth: Apogee Enterprises's revenue growth over a period of 3 months has faced challenges. As of ...