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Top Executive Sells Major Stake in AZEK Company!

Top Executive Sells Major Stake in AZEK Company!

New insider activity at AZEK Company ( (AZEK) ) has taken place on April 12, 2025.

CEO & President Jesse Singh has recently sold 25,000 shares of AZEK Company stock, amounting to a total value of $1,158,357.

Recent Updates on AZEK stock

In the last 24 hours, AZEK Company’s stock has seen significant price movements, rising by approximately 19%. This surge follows the announcement of a deal where James Hardie will acquire AZEK for a mixed consideration of cash and stock valued at $8.75 billion, or $56.88 per share. Despite this positive price movement, Barclays lowered its price target for AZEK due to reduced housing starts assumptions and expectations of guidance cuts amid a “choppier” macro environment affecting end markets. Additionally, tariff uncertainties pose further risks to margin guides for certain product lines. As a result of the acquisition announcement, William Blair downgraded AZEK to Market Perform, reflecting the mixed market reactions to these recent developments.

Spark’s Take on AZEK Stock

According to Spark, TipRanks’ AI Analyst, AZEK is a Outperform.

AZEK’s overall score reflects strong financial performance and positive earnings call sentiment. The company’s robust growth in the residential segment and strategic initiatives bolster confidence, although high valuation and some technical resistance may temper expectations. The absence of a dividend yield and commercial segment challenges are additional considerations.

To see Spark’s full report on AZEK stock, click here.

More about AZEK Company

YTD Price Performance: -1.76%

Average Trading Volume: 3,445,566

Technical Sentiment Signal: Strong Sell

Current Market Cap: $6.81B

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