Worthington Enterprises CFO Sells Shares

Colin Souza, the Vice President and Chief Financial Officer of Worthington Enterprises, Inc., sold 2,668 shares of the company on June 30, 2026. The shares were sold at an average price of $53.76, amounting to a total transaction value of $143,431.68. This transaction was not part of a 10b5-1 trading plan.

Insider Buying and Selling at Worthington Enterprises, Inc.

On the same day, several other insiders at Worthington Enterprises also sold shares. President of Consumer Products, Steven Caravati, sold 1,571 shares, while James Bowes, President of Building Products, sold 562 shares. Additionally, President and CEO Joseph Hayek sold 4,633 shares. Patrick Kennedy, the Vice President-General Counsel & Secretary, sold shares on both June 29 and June 30, with a total of 2,286 shares sold.

Worthington Enterprises, Inc. Stock Down 6.2%

Shares of NYSE:WOR traded near $53.76 on Wednesday. Worthington Enterprises, a company in the metal fabrication industry, has a market capitalization of approximately $2.66 billion. It holds a P/E ratio of 17.12 and a forward P/E of 13.01, indicating investor expectations of future earnings growth. The stock's beta is 1.19, suggesting moderate volatility. Over the past year, the stock has ranged from a low of $45.01 to a high of $67.80. The current and quick ratios stand at 2.369 and 1.246, respectively, with a debt-to-equity ratio of 34.055.

Analysts Set New Price Targets

On June 25, 2026, Canaccord Genuity maintained its 'buy' rating for Worthington Enterprises, setting a price target of $67. Meanwhile, Goldman Sachs has maintained a 'sell' rating, with a target price of $50. Overall, the consensus among analysts is a 'buy' recommendation, with a mean target price of $65.60 based on five analyst opinions.

About Worthington Enterprises

Worthington Enterprises, Inc. is an industrial manufacturing company based in Columbus, Ohio. It operates through two main segments: Consumer Products and Building Products. The Consumer Products segment offers a variety of items such as hand-held torches and propane-filled cylinders under brands like Bernzomatic and Coleman. The Building Products segment provides pressurized containment solutions, including refrigerant gas cylinders and liquefied petroleum gas cylinders. The company was established in 1955 and is led by CEO Joseph B. Hayek.

Bottom Line

Insider transactions like those by Colin Souza and other executives at Worthington Enterprises can offer insights into how company leaders view their firm's prospects. While these sales are notable, they do not necessarily indicate negative sentiment. Investors keep a close eye on such moves, along with analyst ratings, to gauge market sentiment and potential future performance. As always, it's important to remember that insider sales are just one piece of a larger investment puzzle.