A Patrick Industries (NASDAQ:PATK) major shareholder, Jeffrey L. Et Al Gendell, sold 5,869 shares on Wednesday, November 5^th. The sales was reported in a legal filing with the Securities & Exchange Commission, as found on this link, and was for an average price of $43.99, for a total transaction of $258,177.31, MHProNews  learned from the Tickler Report  and WKRB13. 

Patrick is a major supplier to the RV and MH industries.

WKRB stated: “Shares of Patrick Industries (NASDAQ:PATK) traded up 2.76% during mid-day trading on Thursday, hitting $45.00. The stock had a trading volume of 51,862 shares. Patrick Industries has a 52-week low of $26.74 and a 52-week high of $48.10. The stock has a 50-day moving average of $41.26 and a 200-day moving average of $41.65. The company has a market cap of $479.5 million and a price-to-earnings ratio of 16.52.”

Patrick is one of the MH connected stocks tracked by MHProNew’s Daily Business News. ##

(Photo credit: WKRB13.)