In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Supreme Industries, Inc. (NYSEMKT:STS) reported that Royce & Associates has picked up 2,109,976 of common stock as of 2017-06-07.
The acquisition brings the aggregate amount owned by Royce & Associates to a total of 2,109,976 representing less than 13.61% stake in the company.
For those not familiar with the company, Supreme Industries, Inc. (Supreme) is a manufacturer of specialized vehicles, including truck bodies and specialty vehicles. The Company operates through two segments: specialized commercial vehicles and fiberglass products. The Company manufactures specialized commercial vehicles that are attached to a truck chassis. The Company’s truck bodies are offered in aluminum, FiberPanel PW, FiberPanel HC, or SignaturePlate. The Company’s products include Signature van bodies, Iner-City cutaway van bodies, Spartan service bodies, Spartan cargo vans, Kold King insulated van bodies, stake bodies, armored sport utility vehicles (SUVs), armored trucks and specialty vehicles, and trolleys. Its products are attached to light-duty truck chassis and medium-duty truck chassis. Supreme integrates a range of options into its truck bodies, including liftgates, cargo-handling equipment, customized doors, special bumpers, ladder racks and refrigeration equipment.
A glance at Supreme Industries, Inc. (NYSEMKT:STS)’s key stats reveals a current market capitalization of 296.65 Million based on 15.50 Million shares outstanding and a price at last close of $17.14 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2014-06-02, Barrett picked up 779 at a purchase price of $5.65. This brings their total holding to 19,645 as of the date of the filing.
On the sell side, the most recent transaction saw Barrett unload 10,000 shares at a sale price of $19.13. This brings their total holding to 503,452.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Supreme Industries, Inc. (NYSEMKT:STS) as things move forward to see if its progress aligns with these transactions.
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