According to lulegacy, Gendell, a major shareholder of Patrick, sold an additional 48,500 shares on June 3, 2015 for $40.03 per share for a net of $1,942,910.00 according to a Securities and Exchange (SEC) document. Major shareholders owning at least ten percent of a company’s stock are required to record their transactions with the SEC.
Patrick split their stock 3-2 on June 1, 2015. The company has a market cap of $396.49 million and a P/E ratio of 12/35. Patrick, with headquarters with Elkhart, Indiana is a component supplier to the manufactured housing and recreational vehicle industries, and other industrial markets as well. ##.
(Image credit: Patrick Industries, Inc.)
