Could Apogee Enterprises Inc (NASDAQ:APOG) See a Reversal After Less Sellers Came In?

September 16, 2018 - By Theresa Judd

Apogee Enterprises, Inc. (NASDAQ:APOG) Logo

Investors sentiment increased to 1.18 in Q2 2018. Its up 0.17, from 1.01 in 2018Q1. It is positive, as 28 investors sold Apogee Enterprises, Inc. shares while 56 reduced holdings. 37 funds opened positions while 62 raised stakes. 26.15 million shares or 2.41% less from 26.80 million shares in 2018Q1 were reported.
Metropolitan Life Insur Ny holds 9,264 shares. Ameriprise Financial Inc holds 0.01% of its portfolio in Apogee Enterprises, Inc. (NASDAQ:APOG) for 344,721 shares. State Street Corporation holds 1.16 million shares or 0% of its portfolio. Aqr Cap Mngmt Limited Company has 51,355 shares for 0% of their portfolio. Paloma Prtn Mgmt reported 6,170 shares. Parkside Natl Bank & Tru invested in 0% or 25 shares. Cubic Asset Mgmt Limited Liability Com invested 0.35% in Apogee Enterprises, Inc. (NASDAQ:APOG). Citadel Advsr Ltd Liability accumulated 198,314 shares or 0% of the stock. Art Advisors owns 29,694 shares for 0.06% of their portfolio. Numerixs Invest holds 6,900 shares. Private Advisor Group Ltd Liability holds 0% in Apogee Enterprises, Inc. (NASDAQ:APOG) or 4,587 shares. Paradigm Cap Inc New York holds 0.06% or 16,000 shares. Profund Ltd Limited Liability Company invested in 0.01% or 5,696 shares. Mairs & Pwr invested in 0.19% or 315,430 shares. Aperio Grp Inc Ltd Liability has invested 0% in Apogee Enterprises, Inc. (NASDAQ:APOG).

Since April 30, 2018, it had 2 insider purchases, and 2 selling transactions for $296,482 activity. MARZEC ROBERT J also sold $262,710 worth of Apogee Enterprises, Inc. (NASDAQ:APOG) shares.

The stock of Apogee Enterprises Inc (NASDAQ:APOG) registered a decrease of 1.59% in short interest. APOG’s total short interest was 2.36 million shares in September as published by FINRA. Its down 1.59% from 2.40 million shares, reported previously. With 96,400 shares average volume, it will take short sellers 25 days to cover their APOG’s short positions. The short interest to Apogee Enterprises Inc’s float is 9.05%.

The stock increased 0.39% or $0.19 during the last trading session, reaching $48.84. About 343,679 shares traded or 89.49% up from the average. Apogee Enterprises, Inc. (NASDAQ:APOG) has risen 8.51% since September 16, 2017 and is uptrending. It has underperformed by 7.11% the S&P500.

Apogee Enterprises, Inc. designs and develops glass services and products in the United States, Canada, and Brazil. The company has market cap of $1.38 billion. The firm operates through four divisions: Architectural Glass, Architectural Framing Systems, Architectural Services, and Large-Scale Optical Technologies . It has a 17.81 P/E ratio. The Architectural Glass segment fabricates coated and high-performance glass used in customized windows and wall systems comprising the outside skin of commercial, institutional, and multi-family residential buildings.

Apogee Enterprises, Inc. (NASDAQ:APOG) Ratings Coverage

Among 2 analysts covering Apogee Enterprises (NASDAQ:APOG), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. Apogee Enterprises had 2 analyst reports since April 4, 2018 according to SRatingsIntel. DA Davidson downgraded Apogee Enterprises, Inc. (NASDAQ:APOG) rating on Friday, June 29. DA Davidson has “Neutral” rating and $52 target. Goldman Sachs downgraded the stock to “Sell” rating in Wednesday, April 4 report.

Another recent and important Apogee Enterprises, Inc. (NASDAQ:APOG) news was published by Businesswire.com which published an article titled: “Apogee Enterprises to Report Fiscal 2019 Second Quarter Financial Results” on September 05, 2018.

Apogee Enterprises, Inc. (NASDAQ:APOG) Institutional Positions Chart

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