Here’s Who Picked Huttig Building Products Inc. (NASDAQ:HBP) Shares


In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Huttig Building Products Inc. (NASDAQ:HBP) reported that Hauser Family Ag has picked up 1,257,119 of common stock as of 2017-05-04.

The acquisition brings the aggregate amount owned by Hauser Family Ag to a total of 1,257,119 representing less than 4.9% stake in the company.

For those not familiar with the company, Huttig Building Products, Inc. is a domestic distributor of millwork, building materials and wood products used principally in residential construction and in home improvement, remodeling and repair work. The Company purchases from manufacturers and distributes its products through approximately 26 wholesale distribution centers serving over 41 states. The Company’s distribution centers sell principally to building materials dealers, national buying groups, home centers and industrial users, including makers of manufactured homes. The Company’s products are organized into three categories: millwork, which includes doors, windows, molding, stair parts and columns; general building products, which include composite decking, connectors, fasteners, house wrap, roofing products and insulation, and wood products, which include engineered wood products, such as floor systems, as well as wood panels and lumber.

A glance at Huttig Building Products Inc. (NASDAQ:HBP)’s key stats reveals a current market capitalization of 187.10 Million based on 25.88 Million shares outstanding and a price at last close of $7.22 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2015-08-04, Robinson picked up 3,000 at a purchase price of $3.30. This brings their total holding to 3,000 as of the date of the filing.

On the sell side, the most recent transaction saw Vrabely unload 49,999 shares at a sale price of $8.04. This brings their total holding to 885,025.

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 Huttig Building Products Inc. (NASDAQ:HBP) as things move forward to see if its progress aligns with these transactions.

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