Select Interior Concepts (SIC) Sees Large Volume Increase Following Insider Buying Activity

Shares of Select Interior Concepts (NYSE:SIC) saw unusually-high trading volume on Wednesday following insider buying activity. Approximately 15,613 shares traded hands during mid-day trading, a decline of 82% from the previous session’s volume of 88,893 shares.The stock last traded at $10.85 and had previously closed at $10.65.

Specifically, insider Solace Capital Partners, L.P. purchased 500,000 shares of the business’s stock in a transaction dated Tuesday, September 25th. The stock was acquired at an average price of $10.20 per share, for a total transaction of $5,100,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Tyrone Johnson purchased 7,763 shares of the business’s stock in a transaction dated Thursday, September 20th. The stock was bought at an average price of $10.98 per share, with a total value of $85,237.74. The disclosure for this purchase can be found here. In the last 90 days, insiders have acquired 521,383 shares of company stock valued at $5,329,211.

Separately, B. Riley reiterated a “buy” rating and issued a $19.00 price target on shares of Select Interior Concepts in a report on Thursday, August 16th.

Select Interior Concepts (NYSE:SIC) last announced its quarterly earnings results on Thursday, September 6th. The company reported $0.00 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.23 by ($0.23). The firm had revenue of $124.86 million for the quarter.

Select Interior Concepts Company Profile (NYSE:SIC)

There is no company description available for Select Interior Concepts Inc

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