PATRICK INDUSTRIES ($PATK) posted quarterly earnings results on Thursday, May 1st. The company reported earnings of $1.11 per share, beating estimates of $1.00 by $0.11. The company also reported revenue of $1,003,420,000, beating estimates of $980,734,528 by $22,685,472.
You can see Quiver Quantitative's $PATK stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
PATRICK INDUSTRIES Insider Trading Activity
PATRICK INDUSTRIES insiders have traded $PATK stock on the open market 8 times in the past 6 months. Of those trades, 2 have been purchases and 6 have been sales.
Here’s a breakdown of recent trading of $PATK stock by insiders over the last 6 months:
- ANDY L NEMETH (Chief Executive Officer) has made 0 purchases and 2 sales selling 30,000 shares for an estimated $4,106,380.
- M SCOTT WELCH has made 2 purchases buying 12,500 shares for an estimated $1,073,777 and 0 sales.
- JOEL D DUTHIE (Chief Legal Officer/Secretary) has made 0 purchases and 2 sales selling 8,018 shares for an estimated $793,207.
- STACEY L NEU (EVP & CHRO) sold 2,885 shares for an estimated $246,749
- DERRICK B MAYES sold 1,820 shares for an estimated $169,750
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
PATRICK INDUSTRIES Hedge Fund Activity
We have seen 99 institutional investors add shares of PATRICK INDUSTRIES stock to their portfolio, and 213 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC removed 4,291,636 shares (-59.2%) from their portfolio in Q4 2024, for an estimated $356,549,118
- BLACKROCK, INC. removed 2,804,096 shares (-34.7%) from their portfolio in Q4 2024, for an estimated $232,964,295
- PACER ADVISORS, INC. removed 2,036,315 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $169,177,050
- VANGUARD GROUP INC removed 1,179,598 shares (-33.6%) from their portfolio in Q4 2024, for an estimated $98,001,001
- WELLINGTON MANAGEMENT GROUP LLP added 1,100,042 shares (+118.6%) to their portfolio in Q4 2024, for an estimated $91,391,489
- DIMENSIONAL FUND ADVISORS LP removed 959,104 shares (-34.0%) from their portfolio in Q4 2024, for an estimated $79,682,360
- STATE STREET CORP removed 546,964 shares (-29.8%) from their portfolio in Q4 2024, for an estimated $45,441,769
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
PATRICK INDUSTRIES Analyst Ratings
Wall Street analysts have issued reports on $PATK in the last several months. We have seen 0 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Bank of America Securities issued a "Underperform" rating on 12/04/2024
To track analyst ratings and price targets for PATRICK INDUSTRIES, check out Quiver Quantitative's $PATK forecast page.
PATRICK INDUSTRIES Price Targets
Multiple analysts have issued price targets for $PATK recently. We have seen 2 analysts offer price targets for $PATK in the last 6 months, with a median target of $100.5.
Here are some recent targets:
- An analyst from Robert W. Baird set a target price of $96.0 on 04/04/2025
- Michael Swartz from Truist Financial set a target price of $105.0 on 01/07/2025
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
