PPG Industries CEO Timothy Knavish Buys Company Shares
PPG Industries' CEO Timothy Knavish bought 31 shares at $121.29 each on June 30.
Key Points
- PPG Industries CEO Timothy Knavish purchased 31 shares at $121.29 each on June 30, 2026, totaling $3,759.99.
- Shares of NYSE:PPG traded near $121.29 on Wednesday, with a market cap of $27.04 billion and a P/E ratio of 17.4.
- Analysts from Mizuho and BMO Capital maintained 'buy' ratings with price targets of $135 and $140, respectively.
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PPG Industries, Inc. (NYSE:PPG) saw an insider purchase from its Chairman and CEO, Timothy Knavish, who bought 31 shares of the company. The transaction occurred on June 30, 2026, at a price of $121.29 per share, totaling $3,759.99. This purchase was not part of a pre-planned trading program.
Insider Buying and Selling at PPG Industries, Inc.
On June 30, 2026, several insiders at PPG Industries made stock purchases. Timothy Knavish, the Chairman and CEO, acquired 31 shares at $121.29 each. Other insiders, including Kevin Braun, Senior VP of Operations, bought 7 shares, and Alisha Bellezza, Senior VP of Automotive Coatings, purchased 1 share at the same price.
PPG Industries, Inc. Stock Up 6.2%
Shares of NYSE:PPG traded near $121.29 on Wednesday. PPG Industries has a market capitalization of about $27.04 billion and trades with a P/E ratio of 17.4. The stock's 52-week range spans from $93.39 to $133.43, with a 50-day moving average of $111.93 and a 200-day moving average of $108.16.
$PPG stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
Analysts have been active with their assessments of PPG Industries. On July 1, 2026, Mizuho maintained a 'buy' rating with a price target of $135. Citigroup kept a 'hold' rating on June 24, 2026, with a target of $125. BMO Capital also maintained a 'buy' rating, setting a target of $140 on June 15, 2026. Overall, the consensus recommendation is a 'buy', with the average target price at $123.55 among 20 analysts.
About PPG Industries
PPG Industries, Inc., based in Pittsburgh, Pennsylvania, is a major player in the Basic Materials sector, specifically within the Specialty Chemicals industry. The company produces and sells paints, coatings, and specialty materials globally. It operates through segments like Global Architectural Coatings, Performance Coatings, and Industrial Coatings, serving a wide array of customers from company-owned stores to manufacturing firms. PPG Industries was founded in 1883 and employs approximately 43,500 people.
Bottom Line
Insider buying activity at PPG Industries, including CEO Timothy Knavish's recent purchase, often attracts investor attention as a potential signal of confidence in the company's prospects. The stock's performance and analyst ratings suggest a cautious optimism, with a mix of 'buy' and 'hold' recommendations. As always, it's essential to remember that insider transactions are just one piece of the investment puzzle.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.