Added to YB: 2026-05-08
Pitch date: 2026-05-08
PATK [neutral]
Patrick Industries, Inc.
-11.11%
current return
Author Info
CEO Watcher tracks insider trades (and calculates the track record of every insider) to find the highest signal trades. Looking for dip buys, reversals, cluster buys, insider with a strong track record, etc. Sign up for the newsletter.
Company Info
Patrick Industries, Inc. manufactures and distributes component and materials for recreational vehicle, marine, powersports, manufactured housing, and industrial markets in the United States, Mexico, China, and Canada.
Market Cap
$2.8B
Pitch Price
$95.66
Price Target
N/A
Dividend
2.20%
EV/EBITDA
8.45
P/E
21.89
EV/Sales
1.11
Sector
Automobile Components
Category
turnaround
Top insider trades (Fri, May 8) - PATRICK INDUSTRIES INC (PATK)
PATK (pass): CEO bought $880K at $88 (now $95.90); cluster buy + reversal + strong track record = 5/5 insider score. RV components (~50% rev) cyclical, recovering from COVID drawdown but hiccup hit—cut 2026 guide to 315-330k units. Strong content gains, composites upside. Terminated LCI merger May 4. EV/EBITDA 8.8x. Passes: unsure mid-cycle multiple, stock already +2.5x/3yr.
Read full article (4 min)