Insteel Industries (IIIN)

• Market cap: $525M
• 1 day: 4.82%
• 5 days: 13.17%
• 1 month: -9.28%
• 3 months: -3.78%
• 6 months: -16.31%
• Year to date: 2.90%
• 1 year: -25.21%
• 5 years: 3.77%
• 10 years: 28.46%
• Sector: Materials
• Industry: Steel Works, Blast Furnaces & Rolling & Finishing Mills

About: Insteel Industries Inc manufactures steel wire reinforcing products for concrete construction applications. It manufactures and markets PC strand and welded wire reinforcement, including ESM, concrete pipe reinforcement, and standard welded wire reinforcement. The company's products are sold to manufacturers of concrete products that are used in nonresidential construction. Its concrete reinforcing products consist of two product lines: PC strand and WWR. Insteel generates its geographical revenue from the United States.

Employees: 929

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

489% more call options, than puts

Call options by funds: $165K | Put options by funds: $28K

50% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 16

5% more funds holding

Funds holding: 145 [Q2] → 152 (+7) [Q3]

1% less capital invested

Capital invested by funds: $504M [Q2] → $498M (-$6.18M) [Q3]

1.29% less ownership

Funds ownership: 83.69% [Q2] → 82.4% (-1.29%) [Q3]

14% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 57

100% less funds holding in top 10

Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]