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Atkore Inc’s (ATKR) lamps sells $59,370 in shares

Published 18/08/2025, 13:48
Atkore Inc’s (ATKR) lamps sells $59,370 in shares
ATKR
-1.92%

Mark F. Lamps, Pres. Safety & Infrastructure at Atkore Inc (NYSE:ATKR), sold 1,000 shares of common stock on August 15, 2025, at a price of $59.37, for a total transaction value of $59,370.

Following the transaction, Lamps directly owns 31,872.8353 shares of Atkore Inc., which includes unvested restricted stock units and dividend equivalent units. The company, currently valued at $1.95 billion, has maintained strong liquidity with a current ratio of 3.09x.

The sale was executed under a Rule 10b5-1 trading plan adopted on February 6, 2025. For deeper insights into Atkore’s valuation, financial health scores, and additional ProTips, investors can access the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Atkore International Group Inc . reported its fiscal third-quarter 2025 earnings, surpassing analysts’ expectations with an adjusted earnings per share of $1.63, compared to the forecast of $1.56. The company’s revenue also slightly exceeded projections, coming in at $735 million against an anticipated $734.2 million. Despite these positive earnings results, the company’s guidance for the upcoming fiscal year fell below consensus, leading to some investor disappointment. Following these announcements, RBC Capital adjusted its price target for Atkore from $83.00 to $60.00, maintaining a Sector Perform rating. Additionally, KeyBanc Capital Markets downgraded Atkore from Overweight to Sector Weight, citing concerns about the company’s initial fiscal year 2026 framework and limited expectations for its Steel Conduit business. These developments come amid broader market concerns and specific challenges discussed during Atkore’s earnings call. The recent CEO retirement announcement also contributed to the adjustments in analyst expectations. Investors are watching closely to see how these factors will impact Atkore’s future performance.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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