Brinks controller Sweeney sells $173k in stock

Published 15/08/2025, 22:36
Brinks controller Sweeney sells $173k in stock

Michael E. Sweeney, Controller at Brinks Co (NYSE:BCO), a $4.6 billion security and protection services company that has delivered a strong 21% return year-to-date, sold a total of 1,541 shares of common stock on August 13 and 14, 2025. The sales were executed in two separate transactions, with prices ranging from $110 to $115 per share, resulting in total proceeds of $173,240. According to InvestingPro data, these transactions occurred as the stock approached its 52-week high of $115.91, with technical indicators suggesting overbought conditions.

On August 13, Sweeney sold 795 shares at $110. Following this transaction, Sweeney directly owns 8,531 shares, which includes restricted stock units that have not yet vested. On August 14, he sold 746 shares at $115. Following this transaction, Sweeney directly owns 7,785 shares, which includes restricted stock units that have not yet vested.

The sales were executed pursuant to a 10b5-1 trading plan adopted by Sweeney on March 14, 2025.

In other recent news, Brinks Company reported robust financial results for the second quarter of 2025, with earnings per share reaching $1.79, surpassing analyst estimates of $1.62. The company’s revenue also exceeded expectations, coming in at $1.3 billion compared to the projected $1.24 billion. These strong earnings results have drawn positive attention from investors. In related developments, Truist Securities reiterated its Buy rating for Brinks, maintaining a price target of $138.00, indicating confidence in the company’s growth prospects. Additionally, Brinks announced the resignation of Daniel J. Castillo, Executive Vice President and President of North America, effective August 29, 2025, as he plans to pursue another opportunity. The company has not yet disclosed any information regarding his successor or interim arrangements. These recent developments highlight significant changes and achievements within Brinks Company.

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.