Insider Analysis: Harlan Hatfield Insider Sale for 1,860 Shares of Headwaters Inc (NYSE:HW)

November 28, 2016 - By whatsonthorold

Insider Analysis: Harlan Hatfield Insider Sale for 1,860 Shares of Headwaters Inc (NYSE:HW)

Harlan Hatfield Insider Sell

Harlan Hatfield, the General Counsel of Headwaters Inc, sold 1,860 shares of the company, with market value of roughly $44,083 U.S Dollars, totalled based on $23.7 per share. Harlan Hatfield holds precisely 0.07% of Headwaters Inc’s total market capitalization or 53,868 shares. Dated November 28, 2016, this big trade by Harlan Hatfield was revealed in the a document that was filed with the U.S. Security and Exchange Commission. It is available for public review here.

Headwaters Inc (NYSE:HW) Ratings Coverage

Out of 7 analysts covering Headwaters Inc (NYSE:HW), 2 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 29% are positive. $24.25 is the highest target while $20 is the lowest. The $22.04 average target is -7.00% below today’s ($23.7) stock price. Headwaters Inc has been the topic of 14 analyst reports since July 22, 2015 according to StockzIntelligence Inc. Stifel Nicolaus downgraded the stock to “Hold” rating in Wednesday, November 23 report. The rating was downgraded by CL King on Tuesday, August 9 to “Neutral”. The company was maintained on Wednesday, August 5 by Stifel Nicolaus. The stock of Headwaters Inc (NYSE:HW) earned “Buy” rating by Canaccord Genuity on Thursday, January 28. The stock of Headwaters Inc (NYSE:HW) has “Neutral” rating given on Tuesday, November 22 by DA Davidson. CL King initiated the shares of HW in a report on Wednesday, July 22 with “Buy” rating. The company was upgraded on Tuesday, August 18 by TheStreet. The rating was upgraded by Zacks on Tuesday, September 1 to “Hold”. The stock of Headwaters Inc (NYSE:HW) has “Buy” rating given on Tuesday, September 13 by Jefferies. The firm has “Hold” rating by Jefferies given on Friday, November 25.

Insitutional Activity: The institutional sentiment decreased to 1.07 in Q2 2016. Its down 0.08, from 1.15 in 2016Q1. The ratio worsened, as 26 funds sold all Headwaters Inc shares owned while 61 reduced positions. 36 funds bought stakes while 64 increased positions. They now own 65.14 million shares or 1.21% more from 64.36 million shares in 2016Q1.

State Street Corporation holds 0% or 1.58M shares in its portfolio. American Century accumulated 365,033 shares or 0.01% of the stock. Tygh Cap Mgmt has 337,780 shares for 1.71% of their US portfolio. Moreover, Arizona State Retirement Sys has 0.01% invested in Headwaters Inc (NYSE:HW) for 38,459 shares. James Investment Rech accumulated 0.08% or 177,025 shares. Moreover, Credit Suisse Ag has 0% invested in Headwaters Inc (NYSE:HW) for 89,873 shares. Emerald Mutual Fund Advisers Tru, a Pennsylvania-based fund reported 950,807 shares. Barclays Public Ltd Co has 0% invested in the company for 28,693 shares. Pnc Inc holds 0% of its portfolio in Headwaters Inc (NYSE:HW) for 4,443 shares. Blackrock accumulated 0% or 7,245 shares. Nordea Investment last reported 34,890 shares in the company. Visium Asset Mngmt Lp reported 23,764 shares or 0.03% of all its holdings. Teachers holds 0.02% or 727,983 shares in its portfolio. The New York-based Metropolitan Life New York has invested 0.01% in Headwaters Inc (NYSE:HW). Blackrock Fund reported 4.65M shares or 0.02% of all its holdings.

Insider Transactions: Since August 8, 2016, the stock had 1 insider buy, and 1 sale for $516,787 net activity. Whisnant Bob L. sold $625,486 worth of stock. 5,706 shares were bought by CHRISTENSEN R SAM, worth $108,699 on Monday, August 8.

The stock decreased 0.25% or $0.06 during the last trading session, hitting $23.7. About 1.66 million shares traded hands or 8.50% up from the average. Headwaters Inc (NYSE:HW) has risen 14.34% since April 25, 2016 and is uptrending. It has outperformed by 8.33% the S&P500.

Headwaters Incorporated is a building materials firm operating in the building products and construction materials sectors. The company has a market cap of $1.77 billion. The Firm sells building products, such as manufactured architectural stone, siding accessory products, roof products and concrete block. It has a 37.24 P/E ratio. The Company’s operating divisions include building products, construction materials and energy technology.

According to Zacks Investment Research, “Headwaters Incorporated is a world leader in creating value through innovative advancements in the utilization of natural resources. Headwaters is a diversified growth company providing products, technologies and services to the energy, construction and home improvement industries. Through its alternative energy, coal combustion products, and building materials businesses, the Company earns a growing revenue stream that provides the capital needed to expand and acquire synergistic new business opportunities.”

Analysts await Headwaters Inc (NYSE:HW) to report earnings on February, 7. They expect $0.27 earnings per share, down 3.57% or $0.01 from last year’s $0.28 per share. HW’s profit will be $20.16 million for 21.94 P/E if the $0.27 EPS becomes a reality. After $0.38 actual earnings per share reported by Headwaters Inc for the previous quarter, Wall Street now forecasts -28.95% negative EPS growth.

More important recent Headwaters Inc (NYSE:HW) news were published by: Wsj.com which released: “Boral to Acquire Headwaters Inc.” on November 20, 2016, also Reuters.com published article titled: “BRIEF-Boral Limited to buy Headwaters Inc”, Businesswire.com published: “Headwaters, Inc. Shareholder Alert: Former SEC Attorney Willie Briscoe and ..” on November 21, 2016. More interesting news about Headwaters Inc (NYSE:HW) was released by: Prnewswire.com and their article: “HEADWATERS (HW) ALERT: Johnson & Weaver, LLP Launches an Investigation into ..” with publication date: November 21, 2016.

HW Company Profile

Headwaters Incorporated, incorporated on August 08, 1995, is a building materials company. The Company’s divisions include building products, construction materials and energy technology. The Company’s building products segment consists of product sales to wholesale and retail distributors, contractors and other users of building products. The Company’s construction materials segment consists of coal combustion products (CCP) sales to ready-mix concrete businesses, with a smaller amount from services provided to coal-fueled electric generating utilities. The Company’s energy technology segment consists of catalyst sales to oil refineries.

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