Following a story MHProNews posted Aug. 18, 2015 regarding the sale of 36,552 shares of Patrick Industries’ stock by Tontine Capital Partners L.P Aug. 14, dakotafinancenews reports Tontine sold another 19,220 shares of Patrick stock on Monday, Aug. 17 at an average price of $39.20 for a net value of $753,424.00. In accordance with the Securities and Exchange Commission (SEC), major stockholders with ten percent or more of a company stock are required to file the transaction with the SEC.

Over a period of months beginning last Nov., Jeffrey Gendell has sold over 80,000 thousand shares of Patrick stock for a net of $3.75 million.

Patrick manufactures components and distributes building products and supplies to the manufactured housing (MH) and recreational vehicle (RV) industries. Its headquarters are in Elkhart, Indiana, and its stock report is posted daily on MHProNews. ##