Knowledge Leaders Capital LLC Has $589,000 Holdings in Simpson Manufacturing Co., Inc. (NYSE:SSD)

Knowledge Leaders Capital LLC cut its stake in shares of Simpson Manufacturing Co., Inc. (NYSE:SSD) by 8.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,976 shares of the construction company’s stock after selling 268 shares during the period. Knowledge Leaders Capital LLC’s holdings in Simpson Manufacturing were worth $589,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Contravisory Investment Management Inc. acquired a new stake in shares of Simpson Manufacturing during the fourth quarter worth $29,000. Arlington Trust Co LLC acquired a new stake in shares of Simpson Manufacturing during the third quarter worth $31,000. GAMMA Investing LLC bought a new position in Simpson Manufacturing during the fourth quarter worth about $35,000. McGlone Suttner Wealth Management Inc. bought a new position in Simpson Manufacturing during the fourth quarter worth about $54,000. Finally, Signaturefd LLC lifted its holdings in Simpson Manufacturing by 36.1% during the third quarter. Signaturefd LLC now owns 415 shares of the construction company’s stock worth $62,000 after acquiring an additional 110 shares in the last quarter. 93.68% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Simpson Manufacturing news, Director Jennifer Chatman sold 934 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $192.48, for a total transaction of $179,776.32. Following the transaction, the director now owns 14,638 shares of the company’s stock, valued at $2,817,522.24. The sale was disclosed in a document filed with the SEC, which is available through this link. In other Simpson Manufacturing news, Director Jennifer Chatman sold 934 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $192.48, for a total transaction of $179,776.32. Following the transaction, the director now owns 14,638 shares of the company’s stock, valued at $2,817,522.24. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Roger Dankel sold 850 shares of the business’s stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $198.08, for a total value of $168,368.00. Following the transaction, the executive vice president now directly owns 28,764 shares in the company, valued at approximately $5,697,573.12. The disclosure for this sale can be found here. Insiders have sold a total of 3,784 shares of company stock valued at $770,924 over the last 90 days. 0.42% of the stock is currently owned by insiders.

Simpson Manufacturing Stock Up 1.6 %

Shares of Simpson Manufacturing stock traded up $2.79 during trading on Friday, reaching $173.61. The stock had a trading volume of 549,928 shares, compared to its average volume of 343,710. The company has a market capitalization of $7.37 billion, a price-to-earnings ratio of 21.75 and a beta of 1.30. The stock has a fifty day moving average price of $195.70 and a two-hundred day moving average price of $179.05. Simpson Manufacturing Co., Inc. has a 52 week low of $117.08 and a 52 week high of $218.38. The company has a current ratio of 3.77, a quick ratio of 2.11 and a debt-to-equity ratio of 0.26.

Simpson Manufacturing (NYSE:SSD) last released its earnings results on Monday, April 22nd. The construction company reported $1.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.84 by ($0.07). Simpson Manufacturing had a return on equity of 20.51% and a net margin of 15.45%. The company had revenue of $530.58 million for the quarter, compared to the consensus estimate of $549.87 million. During the same quarter in the previous year, the company posted $2.05 EPS. The business’s revenue was down .7% on a year-over-year basis. Sell-side analysts predict that Simpson Manufacturing Co., Inc. will post 8.44 EPS for the current fiscal year.

Analyst Ratings Changes

SSD has been the topic of several recent analyst reports. StockNews.com upgraded Simpson Manufacturing from a “hold” rating to a “buy” rating in a report on Wednesday. Robert W. Baird boosted their price target on Simpson Manufacturing from $205.00 to $215.00 and gave the company an “outperform” rating in a report on Thursday, April 18th.

Simpson Manufacturing Profile

Simpson Manufacturing Co, Inc, through its subsidiaries, designs, engineers, manufactures, and sells structural solutions for wood, concrete, and steel connections. The company offers wood construction products, including connectors, truss plates, fastening systems, fasteners and shearwalls, and pre-fabricated lateral systems for use in light-frame construction; and concrete construction products comprising adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder actuated tools, fiber-reinforced materials, and other repair products for use in concrete, masonry, and steel construction, as well as grouts, coatings, sealers, mortars, fiberglass and fiber-reinforced polymer systems, and asphalt products for use in concrete construction repair, and strengthening and protection products.