The CEO, Commercial Division of Cornerstone Building Brands Inc (NYSE: CNR) is Buying Shares

By Carrie Williams

Today, the CEO, Commercial Division of Cornerstone Building Brands Inc (CNRResearch Report), Donald Riley, bought shares of CNR for $100.5K.

Following this transaction Donald Riley’s holding in the company was increased by 7.01% to a total of $1.59 million. In addition to Donald Riley, 3 other CNR executives reported Buy trades in the last month.

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Based on Cornerstone Building Brands Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $1.3 billion and quarterly net profit of $17.26 million. In comparison, last year the company earned revenue of $549 million and had a net profit of $35.77 million. CNR’s market cap is $510.8M and the company has a P/E ratio of 6.43. Currently, Cornerstone Building Brands Inc has an average volume of 715.3K.

The insider sentiment on Cornerstone Building Brands Inc has been positive according to 51 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Cornerstone Building Brands, Inc. engages in the designing, engineering, manufacturing and marketing external building products for the commercial, residential, and repair & remodel construction industries. It operates through the following segments: Commercial, Siding, and Windows.