Justin A Kershaw, Director at Atkore (NYSE:ATKR), reported an insider sell on March 13, according to a new SEC filing.
What Happened: Kershaw's decision to sell 1,099 shares of Atkore was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The total value of the sale is $188,772.
Tracking the Thursday's morning session, Atkore shares are trading at $176.13, showing a down of 0.0%.
Get to Know Atkore Better
Atkore Inc is a diversified industrials company and a manufacturer of electrical, mechanical, and safety infrastructure solutions. Atkore has two business segments: electrical and safety and infrastructure. Net sales are highest in the electrical business line as well as in the United States. The key product categories in the electrical segment are PVC conduit, steel conduit, and PVC-coated conduit, which are staples for electrical distributors. The key product categories in the safety and infrastructure segment include in-line galvanized mechanical tube, metal framing and related fittings, and security bollards. Also, the company provides ancillary services to customers in the form of slitting and cutting structural steel sheets.
Atkore: A Financial Overview
Revenue Challenges: Atkore's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of ...