Blue bird SVP Scartz sells shares worth $490k

Published 14/08/2025, 15:24
Blue bird SVP Scartz sells shares worth $490k

Blue Bird Corp (NYSE:BLBD), the school bus manufacturer with a market capitalization of $1.79 billion, has seen its stock surge over 55% in the past six months. SVP General Counsel Scartz Ted, on August 12, 2025, sold 8,877 shares of common stock. The shares were sold at a price of $55.22, for a total value of $490,187.

On the same day, Scartz also exercised options to acquire a total of 8,877 shares of Blue Bird common stock at a price of $12.35, for a total value of $109,630.

In other recent news, Blue Bird Corporation reported its fiscal Q3 2025 earnings, surpassing analysts’ expectations. The company achieved an earnings per share (EPS) of $1.19, compared to the projected $1.00. Additionally, Blue Bird’s revenue reached $398 million, exceeding the anticipated $377.64 million. Following this strong performance, Needham raised its price target for Blue Bird from $49 to $53, maintaining a Buy rating. The firm cited "strong execution against low expectations" as a reason for the increased target. These developments indicate a positive outlook for Blue Bird, as reflected in the recent analyst upgrade. Investors are closely watching these updates to assess the company’s financial health and future prospects.

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