Summary: Patrick Industries Inc. insider activity and quarterly results drew investor attention in early February. Matthew S, the company's senior vice president of finance and chief accounting officer, reported buying 1,000 common shares on February 6, 2026, at $139.915 per share, a total outlay of $139,915. After the trade, Matthew S directly holds 20,614 shares. The stock was trading at $141.63 at the time of the report, close to its 52-week high of $144.40.
Transaction details
The Form 4 filing with the Securities and Exchange Commission shows the purchase price was $139.915 per share and that the total consideration for the 1,000-share purchase equaled $139,915. This transaction raised the insider's direct ownership to 20,614 shares.
Market context and valuation indicators
Patrick Industries carries a market capitalization of $4.68 billion. Over the trailing year the stock has appreciated 54%, while it has gained 42% in the past six months. InvestingPro analysis cited in the filing indicates the stock appears overvalued relative to its Fair Value, though coverage from analysts remains positive overall, with a consensus Buy recommendation and a high price target of $157. The company also continues a string of shareholder returns through dividends, having paid dividends for eight consecutive years and offering a yield of 1.33%.
Recent financial performance
Patrick Industries reported fourth-quarter 2025 results that exceeded consensus estimates on both the top and bottom lines. The company posted adjusted earnings per share of $0.84, surpassing the expected $0.72, and reported revenue of $924.17 million versus a forecast of $858.62 million. Following the release, Benchmark raised its price target to $150 while maintaining a Buy rating, and BMO Capital increased its price target to $155 with an Outperform rating.
Benchmark characterized the quarterly results as a "clean beat" across sales, adjusted EBITDA, and EPS metrics. BMO Capital noted the results outperformed expectations even after the firm had already raised its estimates ahead of the earnings announcement. These analyst moves reflect a more favorable appraisal of the company following the quarter.
Implications for investors
The insider purchase, combined with stronger-than-expected quarterly figures and raised analyst targets, presents a mixed picture: recent performance and analyst optimism sit alongside InvestingPro's assessment that the stock appears overvalued relative to Fair Value. The different signals may be relevant to shareholders and equity market participants evaluating position sizing, valuation, and near-term momentum.
Data snapshot
- Insider: Matthew S, SVP Finance / CAO
- Transaction: Purchase of 1,000 shares on February 6, 2026
- Price per share: $139.915
- Total value: $139,915
- Post-transaction insider holdings: 20,614 shares
- Stock trading level referenced: $141.63
- 52-week high: $144.40
- Market cap: $4.68 billion
- One-year return: 54%; Six-month return: 42%
- Dividend history: 8 consecutive years; Yield: 1.33%
- Q4 2025 adjusted EPS: $0.84 (expected $0.72)
- Q4 2025 revenue: $924.17 million (expected $858.62 million)
- Analyst moves: Benchmark PT $150 (Buy); BMO PT $155 (Outperform); Consensus Buy, high PT $157