The President of Vulcan Materials (NYSE: VMC) is Selling SharesBy Carrie Williams
Following David Grayson’s last VMC Sell transaction on August 15, 2016, the stock climbed by 12.0%.
The company has a one year high of $138.18 and a one year low of $78.83. VMC’s market cap is $17.41B and the company has a P/E ratio of 48.01. Currently, Vulcan Materials has an average volume of 1.8M.
Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $121.33, reflecting a 9.2% upside.
The insider sentiment on Vulcan Materials has been neutral according to 33 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.
Vulcan Materials Co. produces and distributes construction aggregates including crushed stone, sand and gravel for construction. It also produces asphalt mix and ready-mixed concrete as well as cement in Florida. The company operates through four business segments: Aggregates, Concrete, Asphalt Mix and Calcium. The Aggregates segment produces and sells aggregates, primarily crushed stone, sand and gravel. Aggregates are used in virtually all types of construction projects including highways, water and sewer systems, industrial manufacturing facilities and other non-residential buildings, railroad ballast as well as non-construction industrial and agricultural applications. The Concrete segment produces and sells ready-mixed concrete in Arizona, Georgia, Maryland, New Mexico, Texas, Virginia, Washington D.C. and the Bahamas. The Asphalt Mix segment produces and sells asphalt mix in Arizona, California, New Mexico and Texas. The Calcium segment produces calcium products for the animal feed, paint, plastics, water treatment and joint compound industries with calcium carbonate material mined at the Brooksville quarry. Vulcan Materials was founded in 1909 and is headquartered in Birmingham, AL.