Boise Cascade: COO Of Boise Cascade Makes $450K Sale

Robert Jeffrey Strom, COO at Boise Cascade (NYSE:BCC), reported an insider sell on March 6, according to a new SEC filing.What Happened: After conducting a thorough analysis, Strom sold 4,500 shares of Boise Cascade. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The total transaction value is $450,956.Tracking the Friday's morning session, Boise Cascade shares are trading at $101.0, showing a up of 0.21%.Unveiling the Story Behind Boise CascadeBoise Cascade Co is a producer of engineered wood products (EWP) and plywood. The firm operates in two reportable segments, namely Wood Products and Building Materials Distribution. The Wood Products segment manufactures laminated veneer lumber (LVL), I-joists, and laminated beams. In addition, it manufactures structural, appearance, and industrial-grade plywood panels, and ponderosa pine lumber. The Building Materials Distribution segment is engaged in the distribution of various building materials, including oriented strand board (OSB), plywood, and lumber; general line items such as siding, composite decking, doors and millwork, metal products, roofing, and insulation; and EWP, among others. The company generates a majority of its revenue from the Building Material Distribution segment.Boise Cascade's Financial PerformanceNegative Revenue Trend: Examining Boise Cascade's financials over 3 months reveals challenges. As of 31 December, 2024, the company experienced a ...Full story available on Benzinga.com