Guess Who Picked Armstrong World Industries Inc. (NYSE:AWI) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Armstrong World Industries Inc. (NYSE:AWI) reported that Iridian Asset Management has picked up 5,622,876 of common stock as of 2017-04-04.
The acquisition brings the aggregate amount owned by Iridian Asset Management to a total of 5,622,876 representing a 10.4% stake in the company.
For those not familiar with the company, Armstrong World Industries, Inc. (AWI) is a global producer of ceiling systems. The Company owns and operates the Building Products (Ceilings) segment. The Company designs, manufactures and sells ceiling systems (primarily mineral fiber, fiberglass wool and metal) around the world. Its products are used in commercial and institutional buildings. Its geographical segments include Americas (including Canada); Europe, Middle East and Africa (including Russia) (EMEA), and Pacific Rim. As of December 31, 2016, it had 15 manufacturing plants in eight countries, including six plants located throughout the United States. Its Americas segment sells products for use in single and multi-family housing. It sells commercial products to building materials distributors re-selling its products to contractors, subcontractors’ alliances, architect and design firms, and facility owners. Residential ceiling products are sold in the Americas primarily to wholesalers and retailers.
A glance at Armstrong World Industries Inc. (NYSE:AWI)’s key stats reveals a current market capitalization of 2.38 Billion based on 53.84 Million shares outstanding and a price at last close of $45.30 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2016-11-02, Templin picked up 2,670 at a purchase price of $37.16. This brings their total holding to 4,816 as of the date of the filing.
On the sell side, the most recent transaction saw Mcnamara unload 2,274 shares at a sale price of $45.00. This brings their total holding to 2,968.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Armstrong World Industries Inc. (NYSE:AWI) as things move forward to see if its progress aligns with these transactions.
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Bmc Stock Holdings Inc. (NASDAQ:BMCH) is Attracting Smart Money3
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Bmc Stock Holdings In reported that Mfp Investors Llc. has picked up 3,299,000 of common stock as of 2017-03-02.
The acquisition brings the aggregate amount owned by Mfp Investors Llc. to a total of 3,299,000 representing a 4.9% stake in the company.
For those not familiar with the company, BMC Stock Holdings, Inc., formerly Stock Building Supply Holdings, Inc., is a diversified lumber and building materials (LBM) distributor and solutions provider that sells to construction and repair and remodeling contractors. The Company’s operating segments include Mid-Atlantic, Southeast, Texas, Intermountain, West and Mountain West divisions. Its primary products are lumber and lumber sheet goods, millwork, doors, flooring, windows, structural components, such as engineered wood products (EWP), trusses and wall panels, and other exterior products. Additionally, it provides solution-based services to customers, including design, product specification, installation, and installation management services. It offers a range of products sourced through a network of suppliers. It also offers various products, including hardware, wood boards, gypsum, insulation, roofing, siding and flooring. The Company offers scheduling, supplier and subcontractor management, and other services.
A glance at Bmc Stock Holdings Inc. (NASDAQ:BMCH)’s key stats reveals a current market capitalization of 1.37 Billion based on 66.88 Million shares outstanding and a price at last close of $21.15 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2016-03-16, Oleary picked up 5,000 at a purchase price of $13.78. This brings their total holding to 24,107 as of the date of the filing.
On the sell side, the most recent transaction saw Street unload 30,000 shares at a sale price of $21.00. This brings their total holding to 486,327.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Bmc Stock Holdings Inc. (NASDAQ:BMCH) as things move forward to see if its progress aligns with these transactions.
Subscribe below and we’ll keep you on top of what’s happening before it moves markets.