Patrick has been the topic of multiple MHProNews stories since Nov. 2014 when major shareholder Jeffrey L. Gendell began unloading shares of company stock. In the most recent post from Oct. 12, 2015, the current tally reveals he has sold approximately 180,000 shares of stock valued at $7.84 million since Nov.
Moreover, in addition to Gendell, Tontine Capital Partners LP has sold a considerable number of shares of Patrick stock, as MHProNews reported Sept. 15, 2015. The company also manufactures and distributes components to the recreational vehicle industry. ##
(Photo credit: elkharttruth/Emily Pfund–Patrick headquarters in Elkhart, Indiana)