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22NW Fund, LP, along with affiliated entities, reported selling shares of FOSTER L B CO (EXCHANGE:FSTR) common stock between November 11 and November 13, 2025. The sales amounted to a total of $345,610. The timing is notable as FSTR has seen a significant 38.89% price increase over the past six months, according to InvestingPro data.
The transactions involved the disposal of 9,730 shares at prices ranging from $27.0019 to $28.1749. Following these transactions, 22NW Fund, LP directly holds 1,300,591 shares. The sale prices align closely with FSTR’s current trading price of $26.75 and its P/E ratio of 59.92, suggesting the stock is trading at a high earnings multiple.
The report was filed jointly by 22NW Fund, LP, 22NW, LP, 22NW Fund GP, LLC, 22NW GP, Inc., and Aron English. The reporting persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of Foster L B Co’s outstanding shares. Interestingly, while this fund is selling, InvestingPro indicates management has been aggressively buying back shares and the company appears slightly undervalued based on Fair Value analysis. FSTR also maintains strong liquidity with a current ratio of 2.21. Discover more insights in FSTR’s comprehensive Pro Research Report, available among 1,400+ US equities covered on InvestingPro.
In other recent news, L.B. Foster Company announced a change in its board structure following the retirement of Janet Lee. The board has been reduced from eight to seven members as a result. Lee’s decision to retire was attributed to her new role as General Counsel of Synopsys, Inc. This change came after Synopsys acquired her previous employer, ANSYS, Inc. L.B. Foster clarified that Lee’s departure was not due to any disagreements with the company’s operations or policies. The company emphasized that her increased responsibilities in her new position led to her decision. This development was formally disclosed in an SEC filing.
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