Todays Report: Today: 100,000 Shares of Northwest Pipe Co. (NWPX) are sold by Heartland Advisors Inc.

Today: 100,000 Shares of Northwest Pipe Co. (NWPX) are sold by Heartland Advisors Inc.

Heartland Advisors Inc. cut its position in shares of Northwest Pipe Co. (NASDAQ:NWPX) by 16.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 500,000 shares of the company’s stock after selling 100,000 shares during the period. Heartland Advisors Inc. owned 0.05% of Northwest Pipe worth $5,905,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Acadian Asset Management LLC purchased a new position in shares of Northwest Pipe during the third quarter worth $144,000. Oxford Asset Management purchased a new position in shares of Northwest Pipe during the second quarter worth $156,000. Emerald Acquisition Ltd. purchased a new position in shares of Northwest Pipe during the second quarter worth $169,000. Mackenzie Financial Corp purchased a new position in shares of Northwest Pipe during the second quarter worth $286,000. Finally, Jacobs Levy Equity Management Inc. purchased a new position in shares of Northwest Pipe during the first quarter worth $250,000. Institutional investors own 73.52% of the company’s stock.

Shares of Northwest Pipe Co. (NASDAQ:NWPX) traded down 0.4662% on Monday, hitting $18.6825. The stock had a trading volume of 52,229 shares. The stock has a 50 day moving average price of $14.40 and a 200-day moving average price of $11.75. The company’s market cap is $179.37 million. Northwest Pipe Co. has a 12-month low of $7.46 and a 12-month high of $18.90.

Separately, Zacks Investment Research raised Northwest Pipe from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a report on Saturday, November 5th.

Northwest Pipe Company Profile

Northwest Pipe Company is a manufacturer of engineered steel pipe water systems. The Company operates through two segments. The Water Transmission segment produces steel pipeline systems for use in drinking water infrastructure, and has approximately eight manufacturing facilities, located in Portland, Oregon; Denver, Colorado; Adelanto, California; Parkersburg, West Virginia; Saginaw, Texas; St.

Related posts

Leave a Comment