Disclosed on November 30, David Clement, Senior Vice President at Vulcan Materials (NYSE:VMC), executed a substantial insider sell as per the latest SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Thursday outlined that Clement executed a sale of 764 shares of Vulcan Materials with a total value of $161,968.
Tracking the Friday's morning session, Vulcan Materials shares are trading at $213.56, showing a down of 0.0%.
Discovering Vulcan Materials: A Closer Look
Vulcan Materials is the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). Its largest markets include Texas, California, Virginia, Tennessee, Georgia, Florida, North Carolina, and Alabama. In 2022, Vulcan sold 263.4 million tons of aggregates, 12.2 million tons of asphalt mix, and 10.5 million cubic yards of ready-mix. As of Dec. 31, 2022, the company had nearly 16 billion tons of aggregates reserves.
Understanding the Numbers: Vulcan Materials's Finances
Revenue Growth: Vulcan Materials displayed positive results in 3 months. As of 30 September, 2023, the company achieved a solid revenue growth rate of approximately 4.67%. This indicates a notable increase in the company's top-line earnings. As compared ...