Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
Patrick Industries Inc (NASDAQ:PATK) President-RV Jeff Rodino sold 22,389 shares of common stock on August 13, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at prices ranging from $110.00 to $111.11, for a total transaction value of $2.47 million. The sale comes as the stock trades near its 52-week high of $114.26, having gained nearly 12% in the past week. According to InvestingPro analysis, technical indicators suggest the stock is currently in overbought territory.
Following the transaction, Rodino directly owns 206,492 shares of Patrick Industries. The $3.74 billion market cap company maintains a "GOOD" financial health rating according to InvestingPro, which offers comprehensive analysis through its Pro Research Report, available for over 1,400 US stocks.
In other recent news, Patrick Industries reported its second-quarter 2025 earnings, revealing an adjusted earnings per share (EPS) of $1.50, which surpassed the forecast of $1.40, representing a 7.14% positive surprise. The company’s revenue for the quarter reached $1.05 billion, exceeding expectations by 1.94%. Additionally, Patrick Industries announced a quarterly cash dividend of $0.40 per share, payable on September 8, 2025, to shareholders of record as of August 25, 2025.
BMO Capital has raised its price target for Patrick Industries to $110.00 from $100.00, maintaining an Outperform rating on the stock. This adjustment follows the company’s second-quarter results, which BMO Capital noted were slightly better than expected. The guidance remained largely unchanged, except for assumptions regarding the recreational vehicle industry. These developments come as the company continues to navigate a complex market environment.
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