Atkore Inc. (NYSE:ATKR) Faces Investigation Amidst Stock Sale and Earnings Report

• Mark F. Lamps sold 1,000 shares of Atkore at $69.16 each, with the stock price currently at $67.96.
• Bronstein, Gewirtz & Grossman, LLC is investigating potential claims of corporate misconduct on behalf of Atkore shareholders.
• Atkore's Q2 2025 earnings report showed earnings of $2.04 per share and revenue of $701.73 million, indicating a decline from the previous year.

Atkore Inc. (NYSE:ATKR) is a leading manufacturer of electrical products and mechanical products for the construction and industrial markets. The company operates in the Wire and Cable Products industry and is known for its comprehensive range of products that include electrical raceway solutions, mechanical products, and safety infrastructure solutions. Atkore's competitors include companies like Southwire and Encore Wire.

On May 9, 2025, Mark F. Lamps, President of Safety & Infrastructure at Atkore, sold 1,000 shares of the company's common stock at $69.16 each. This transaction leaves Lamps with approximately 32,828 shares. The sale comes at a time when Atkore's stock price is $67.96, reflecting a 1.05% decrease. The stock has fluctuated between $67.81 and $69.81 today.

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of Atkore shareholders. The focus is on possible corporate misconduct by Atkore and its officers. Shareholders who bought securities before August 2, 2022, are encouraged to participate. The firm operates on a contingency fee basis, meaning no upfront costs for participants.

Atkore's Q2 2025 earnings call on May 6, 2025, featured key executives and analysts. The company reported earnings of $2.04 per share, slightly below the Zacks Consensus Estimate of $2.05. This is a significant drop from $4.08 per share in the same quarter last year, marking a negative surprise of 0.49%.

Revenue for the quarter ending March 2025 was $701.73 million, surpassing the Zacks Consensus Estimate by 0.26%. However, this is a decline from $792.91 million in the same period last year. Atkore has exceeded consensus revenue estimates twice in the last four quarters, indicating some volatility in its financial performance.