GMS Inc (NYSE:GMS) insider G Michael Callahan, Jr. sold 33,333 shares of GMS stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $32.17, for a total value of $1,072,322.61. Following the completion of the sale, the insider now directly owns 461,752 shares in the company, valued at approximately $14,854,561.84. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

GMS Inc (NYSE:GMS) traded up $0.07 during trading hours on Tuesday, hitting $32.59. The company had a trading volume of 130,098 shares, compared to its average volume of 322,353. The company has a current ratio of 2.62, a quick ratio of 1.70 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $1,326.53, a P/E ratio of 24.32, a P/E/G ratio of 2.29 and a beta of 1.42. GMS Inc has a twelve month low of $27.20 and a twelve month high of $39.98.

GMS (NYSE:GMS) last released its earnings results on Thursday, December 7th. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.03). The company had revenue of $648.00 million during the quarter, compared to analyst estimates of $662.03 million. GMS had a net margin of 2.26% and a return on equity of 14.24%. GMS’s revenue was up 9.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.49 EPS. research analysts anticipate that GMS Inc will post 2.01 EPS for the current year.

Several large investors have recently added to or reduced their stakes in GMS. Schwab Charles Investment Management Inc. increased its position in shares of GMS by 22.0% in the second quarter. Schwab Charles Investment Management Inc. now owns 137,316 shares of the company’s stock valued at $3,859,000 after acquiring an additional 24,747 shares during the last quarter. Alliancebernstein L.P. grew its holdings in GMS by 208.6% during the second quarter. Alliancebernstein L.P. now owns 28,700 shares of the company’s stock worth $806,000 after purchasing an additional 19,400 shares during the period. Teachers Advisors LLC grew its holdings in GMS by 219.6% during the second quarter. Teachers Advisors LLC now owns 44,602 shares of the company’s stock worth $1,253,000 after purchasing an additional 30,645 shares during the period. TIAA CREF Investment Management LLC grew its holdings in GMS by 104.0% during the second quarter. TIAA CREF Investment Management LLC now owns 95,459 shares of the company’s stock worth $2,682,000 after purchasing an additional 48,669 shares during the period. Finally, New York State Common Retirement Fund grew its holdings in GMS by 240.5% during the second quarter. New York State Common Retirement Fund now owns 25,200 shares of the company’s stock worth $708,000 after purchasing an additional 17,799 shares during the period. 60.16% of the stock is currently owned by institutional investors and hedge funds.

Several analysts have issued reports on GMS shares. SunTrust Banks lifted their price target on GMS to $45.00 and gave the company a “buy” rating in a research note on Monday, December 11th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $46.00 target price on shares of GMS in a research report on Friday, December 8th. Zacks Investment Research downgraded GMS from a “buy” rating to a “hold” rating in a research report on Friday, November 3rd. ValuEngine downgraded GMS from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, Barclays set a $43.00 target price on GMS and gave the company a “buy” rating in a research report on Friday, December 8th. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $40.00.

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GMS Company Profile

GMS Inc is a distributor of wallboard and suspended ceilings systems, or ceilings. The Company provides a product offering of over 20,000 stock keeping units (SKUs) of wallboard, ceilings and complementary interior construction products for interior contractors. It offers steel framing and ancillary products for its customers.

Insider Buying and Selling by Quarter for GMS (NYSE:GMS)

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