Blue bird (BLBD) director Horlock sells $888,438 in shares

Published 15/08/2025, 13:54
Blue bird (BLBD) director Horlock sells $888,438 in shares

Director Phil Horlock of Blue Bird Corp (NASDAQ:BLBD) sold 15,848 shares of common stock on August 13, 2025, at a price of $56.06, resulting in a total transaction value of $888,438. The transaction comes as Blue Bird’s stock has shown remarkable strength, gaining over 55% in the past six months. According to InvestingPro analysis, the stock’s RSI indicates overbought conditions.

On the same day, Horlock also exercised stock options to acquire 15,848 shares of Blue Bird common stock at an exercise price of $16.99, for a total value of $269,257. Following these transactions, Horlock directly owns 240,766 shares of Blue Bird. The company, currently valued at $1.79 billion, maintains an "Excellent" financial health score according to InvestingPro metrics, with a P/E ratio of 15.57.

In other recent news, Blue Bird Corporation reported its fiscal Q3 2025 earnings, surpassing analysts’ expectations with an earnings per share (EPS) of $1.19, compared to the forecasted $1.00. The company also reported revenue of $398 million, exceeding the anticipated $377.64 million. In light of these results, Needham has raised its price target for Blue Bird to $53.00 from $49.00, maintaining a Buy rating on the stock. Needham cited "strong execution against low expectations" as a reason for the price target increase. These developments reflect positively on Blue Bird’s recent performance and market standing.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.