Bel Fuse president Dawson sells $152k in shares

Published 01/08/2025, 19:32
Bel Fuse president Dawson sells $152k in shares

Bel Fuse (NASDAQ:BELFB) President of Power Solutions, Stephen Dawson, sold 1,200 shares of Class B Common Stock on July 31, 2025, at a price of $127.07, totaling $152,484. The sale comes as the stock trades near its 52-week high of $131.68, having surged over 60% in the past six months. According to InvestingPro analysis, technical indicators suggest the stock is currently overbought.

Following the transaction, Dawson directly owns 14,265 shares of Class B Common Stock. Dawson also indirectly owns 2,187 shares of Class A Common Stock through a 401(k) plan. For deeper insights into BELFB’s valuation and 10+ additional expert tips, check out the comprehensive research available on InvestingPro.

In other recent news, Bel Fuse B Inc. reported impressive financial results for the second quarter of 2025. The company achieved earnings per share (EPS) of $1.67, significantly surpassing the expected $1.21, resulting in a 38.02% surprise. Revenue also exceeded expectations, reaching $168.3 million compared to the forecasted $150.57 million. These results underscore a strong performance for the quarter. The positive earnings announcement has likely contributed to increased investor confidence. While the stock price movement is not discussed here, the company’s financial achievements are notable. These developments reflect the company’s robust operational execution during the quarter.

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