Limbach Holdings Inc (LMB) Director Sells $277,750.00 in Stock

Limbach Holdings Inc (NASDAQ:LMB) Director 1347 Investors Llc sold 25,000 shares of the company’s stock in a transaction on Monday, May 20th. The stock was sold at an average price of $11.11, for a total value of $277,750.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

1347 Investors Llc also recently made the following trade(s):

  • On Wednesday, May 22nd, 1347 Investors Llc sold 545,785 shares of Limbach stock. The stock was sold at an average price of $10.63, for a total value of $5,801,694.55.

NASDAQ:LMB traded down $0.16 during trading hours on Thursday, hitting $10.04. 1,800 shares of the stock were exchanged, compared to its average volume of 132,386. Limbach Holdings Inc has a twelve month low of $3.56 and a twelve month high of $12.43. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.25 and a current ratio of 1.25. The company has a market cap of $77.93 million, a price-to-earnings ratio of -19.21, a P/E/G ratio of 0.63 and a beta of 1.88.

Limbach (NASDAQ:LMB) last posted its quarterly earnings data on Monday, April 15th. The construction company reported $0.44 earnings per share (EPS) for the quarter. Limbach had a return on equity of 5.95% and a net margin of 0.49%. The firm had revenue of $151.38 million for the quarter. On average, equities analysts predict that Limbach Holdings Inc will post 1.07 EPS for the current fiscal year.

Several research analysts have issued reports on LMB shares. Zacks Investment Research raised Limbach from a “strong sell” rating to a “hold” rating in a report on Thursday, January 24th. Roth Capital raised Limbach from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $7.00 to $10.00 in a report on Wednesday, April 17th.

Large investors have recently bought and sold shares of the business. BlackRock Inc. increased its stake in shares of Limbach by 7.2% in the first quarter. BlackRock Inc. now owns 24,635 shares of the construction company’s stock worth $187,000 after purchasing an additional 1,646 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Limbach by 2.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 522,440 shares of the construction company’s stock worth $1,923,000 after purchasing an additional 12,089 shares during the period. Alambic Investment Management L.P. bought a new position in shares of Limbach in the fourth quarter worth about $190,000. Finally, AltraVue Capital LLC bought a new position in shares of Limbach in the fourth quarter worth about $1,771,000. 29.58% of the stock is currently owned by hedge funds and other institutional investors.

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About Limbach

Limbach Holdings, Inc provides commercial specialty contract services in the United States. It operates in two segments, Construction and Service. The company provides services in the areas of heating, ventilation, air-conditioning (HVAC), plumbing, electrical, and building controls for the design and construction of new and renovated buildings; maintenance services; and equipment upgrades.

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