Wed., June 15, 2016 Drew Director Leigh J. Abrams sold 5,527 shares of company stock at an average price of $80.91 per share for a net transaction of $447,189.57. Abrams now owns 75,501 shares of company stock valued at $6,108,785.91.
Meanwhile, several hedge funds have upped their ante in Drew according to cerbatgem: DW. Rhumbline added 7.1 percent of Drew stock to its portfolio, and now has 33,827 shares valued at $2,060,000.
Calif. State Teachers Retirement System increased their stake by 1.7 percent and now has stock worth $2,720,000. Neuberger Berman Group LLC now owns 1,547,375 shares of the company’s stock valued at $94,220,000 after purchasing an additional 265,125 shares during the first quarter.
Finally, Rice Hall James & Associates LLC now owns 144,401 shares of the Drew stock worth $8,793,000 after acquiring 59,193 shares during the period.
The stock has a market capitalization of $1.96 billion, and a price/earning ratio of 21.86.
In trading on Fri., June 17, 2016 Drew closed d own -1.73 percent at $79.87. ##
(Image credit: Drew Industries, Inc.)
