Superior Industries International, Inc. (NYSE:SUP) Major Stockholder Mill Road Capital Iii, LP Buys 5,000 Shares


Superior Industries International, Inc. (NYSE: SUP – Get Rating) major shareholder Mill Road Capital Iii, LP purchased 5,000 shares of the company in a transaction dated Tuesday, April 12. The shares were purchased at an average cost of $5.00 per share, for a total transaction of $25,000.00. Following the completion of the acquisition, the insider now owns 3,545,867 shares of the company, valued at approximately $17,729,335. The transaction was disclosed in a document filed with the Securities & Exchange Commission, accessible via the SEC’s website. Large shareholders who hold more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Mill Road Capital Iii, LP has also recently completed the following transaction(s):

  • On Friday, April 8, Mill Road Capital Iii, LP purchased 2,300 shares of Superior Industries International. The shares were acquired at an average cost of $5.00 per share, with a total value of $11,500.00.
  • On Monday, January 31, Mill Road Capital Iii, LP acquired 7,473 shares of Superior Industries International. The shares were acquired at an average price of $4.10 per share, with a total value of $30,639.30.
  • On Friday, January 28, Mill Road Capital Iii, LP purchased 56,688 shares of Superior Industries International. The shares were acquired at an average cost of $3.80 per share, for a total transaction of $215,414.40.
  • On Wednesday, January 26, Mill Road Capital Iii, LP acquired 73,704 shares of Superior Industries International. The stock was purchased at an average price of $4.03 per share, with a total value of $297,027.12.
  • On Monday, January 24, Mill Road Capital Iii, LP acquired 9,135 shares of Superior Industries International. The shares were acquired at an average cost of $4.07 per share, for a total transaction of $37,179.45.
  • On Friday, January 21, Mill Road Capital Iii, LP purchased 33,229 shares of Superior Industries International. The shares were purchased at an average cost of $4.14 per share, with a total value of $137,568.06.
  • On Wednesday, January 19, Mill Road Capital Iii, LP acquired 2,000 shares of Superior Industries International. The shares were purchased at an average cost of $4.50 per share, for a total transaction of $9,000.00.

NYSE SUP opened at $3.68 on Friday. Superior Industries International, Inc. has a 1-year low of $3.53 and a 1-year high of $9.72. The company’s 50-day simple moving average is $4.24 and its 200-day simple moving average is $4.87.

Superior Industries International (NYSE:SUP – Get Rating) last released its quarterly results on Thursday, March 3. The auto parts company reported ($0.40) earnings per share for the quarter. Superior Industries International posted a net margin of 0.27% and a negative return on equity of 13.24%. The company posted revenue of $368.30 million for the quarter, versus analyst estimates of $283.67 million.

Separately, StockNews.com picked up coverage of Superior Industries International stocks in a Thursday, March 31 report. They issued a “holding” rating on the stock.

Major investors have recently changed their stake in the company. JPMorgan Chase & Co. increased its stake in Superior Industries International by 8.8% during the fourth quarter. JPMorgan Chase & Co. now owns 34,737 shares of the auto parts company worth $156,000 after buying 2,799 additional shares in the last quarter. Geode Capital Management LLC increased its position in Superior Industries International shares by 1.4% during the third quarter. Geode Capital Management LLC now owns 217,846 shares of the auto parts company valued at $1,535,000 after acquiring 3,029 additional shares in the last quarter. Barclays PLC increased its stake in the shares of Superior Industries International by 295.0% during the third quarter. Barclays PLC now owns 4,298 shares in the auto parts company valued at $30,000 after buying a further 3,210 shares last quarter. Invesco Ltd. increased its position in Superior Industries International shares by 3.6% in the third quarter. Invesco Ltd. now owns 106,594 shares of the auto parts company valued at $751,000 after acquiring 3,729 additional shares during the period. Finally, Pinnacle Holdings LLC increased its stake in Superior Industries International shares by 3.0% in the third quarter. Pinnacle Holdings LLC now owns 133,415 shares of the auto parts company worth $941,000 after acquiring 3,940 additional shares in the last quarter. Institutional investors hold 78.02% of the company’s shares.

About Superior Industries International (Get an assessment)

Superior Industries International, Inc. designs, manufactures and sells aluminum wheels to original equipment manufacturers and aftermarket distributors in North America and Europe. The company supplies aluminum wheels to automobile and light truck manufacturers. It offers its products under the ATS, RIAL, ALUTEC and ANZIO brands.

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