Arcosa Group President sold shares, revenue growth below average, stock dipped 0.26%.
From Nasdaq: 2024-05-17 11:02:03
Jesse Collins Jr, Group President at Arcosa, sold 9,626 shares worth $853,953, as per SEC filing on May 16. Arcosa’s stock dipped 0.26% to $86.59. The company operates in three segments: Construction Products, Engineered Structures, and Transportation Products.
Arcosa saw a revenue growth rate of 8.99% in 3 months, below average for Industrials sector. It boasts a gross margin of 18.64% and EPS of 0.81. Debt-to-equity ratio stands at 0.26. P/E ratio is 29.73 below industry norms, while P/S ratio is 1.79. EV/EBITDA ratio is 12.7.
Insiders making new purchases signal positive expectations, while sales may not indicate negativity. Investors focus on transaction codes in Form 4 filings. P denotes purchase, S is for sale, C is conversion of option, and A is grant, award, or acquisition. Check out all of Arcosa’s insider trades for deeper insights.
Read more at Nasdaq: Arcosa Recent Insider Activity | Nasdaq