Valmont Industries (NYSE:VMI) CFO Acquires 208 Shares of Stock

Valmont Industries CFO John Schwietz recently acquired 208 shares of VMI stock at an average price of $486.14, increasing his direct ownership by 7.47% to 2,992 shares. The company reported strong quarterly earnings, beating analyst expectations with an EPS of $6.14 and a 6.5% rise in revenue year-over-year. Despite trading below its 50-day moving average, analysts maintain a "Moderate Buy" rating with an average price target of $587.