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22NW Fund, LP, along with other entities, including 22NW, LP, 22NW Fund GP, LLC, 22NW GP, Inc., and Aron English, collectively sold 32,140 shares of Foster L B Co (NASDAQ:FSTR) common stock in a series of transactions between November 21 and November 25, 2025. The sales, totaled $863,333, occurred at prices ranging from $26.8357 to $27.0288 per share. These transactions come as FSTR shares have surged 45.6% over the past six months, with the company currently trading at a high P/E ratio of 59.59.
On November 21, 2025, 3,412 shares were sold at a weighted average price of $27.0288, with individual transactions ranging from $27.0000 to $27.0500. On November 24, 2025, 27,003 shares were sold at a weighted average price of $26.8357, with prices ranging from $26.8300 to $27.0000. The final sale occurred on November 25, 2025, with 1,725 shares sold at an average price of $26.9375, in a range of $26.9100 to $26.9900. According to InvestingPro data, the company is currently slightly undervalued based on its Fair Value assessment.
Following these transactions, 22NW Fund, LP directly owns 1,265,804 shares. While these insiders are selling, InvestingPro data indicates management has been aggressively buying back shares. The company maintains strong liquidity with a current ratio of 2.21, and its overall financial health is rated as GOOD. Access Foster L B Co’s comprehensive Pro Research Report, available among 1,400+ US equities on InvestingPro.
In other recent news, L.B. Foster Company has announced a change in its board of directors following the retirement of Janet Lee. The board has been reduced from eight to seven members as a result. Janet Lee’s departure was not due to any disagreements with the company’s operations or policies. Instead, her decision was influenced by her new role as General Counsel at Synopsys, Inc. This position came after Synopsys acquired her previous employer, ANSYS, Inc., in July 2025. The increased responsibilities in her new role necessitated her stepping down from the board. L.B. Foster disclosed these developments in a press release and an SEC filing. The company did not report any other changes in its operations or financial outlook at this time.
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