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Eagle Materials Director Makes Significant Stock Purchase!

Eagle Materials Director Makes Significant Stock Purchase!

New insider activity at Eagle Materials ( (EXP) ) has taken place on February 13, 2025.

Director Michael Nicolais recently acquired 310 shares of Eagle Materials stock, amounting to a total investment of $79,780.

Recent Updates on EXP stock

Eagle Materials recently reported Q3 earnings with revenue falling short of expectations at $558.0M compared to the consensus of $575.41M. Despite adverse weather impacting sales in key markets, the company experienced growth in Gypsum Wallboard and Recycled Paperboard sales. The firm also announced the acquisition of Bullskin Stone and Lime, aiming to bolster its aggregates business. Analysts have adjusted their price targets and ratings for Eagle Materials, citing factors such as challenging weather conditions affecting cement margins and ongoing maintenance costs. These elements contributed to temporary challenges in the company’s performance, influencing analysts’ cautious outlooks.

More about Eagle Materials

YTD Price Performance: 4.44%

Average Trading Volume: 298,551

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $8.52B

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