Cornerstone Building Brands spikes about 18% after company execs buy shares
Shares of Cornerstone Building Brands, a maker of metal products for the nonresidential construction industry in North America, are up around 18% in afternoon trading after executives at the company including its CFO Jeffrey Lee and the CEO of its Commercial Business unit Donald Riley bought shares in the company's common stock. Donald Riley bought 25,500 shares or of CNR stock on August 12 at the average price of $3.94 for a total transaction value of $100,470. Jeffrey Lee bought 23,000 shares on August 9, at an average price of $4.17 for a total transaction value of $95,857. Two directors Daniel Janki and George Ball purchased 50,000 shares and 100,000 shares respectively. Shares of Cornerstone Building Brands are off earlier highs, up 67c per share, to $4.61 per share in afternoon trading on Tuesday. .