CNH Industrial’s Stefano Pampalone sells shares worth $150,563

In a recent transaction disclosed in a regulatory filing, Stefano Pampalone, the Agriculture Chief Commercial Officer of CNH Industrial (BIT:CNHI) N.V. (NYSE:CNH), a $15.16 billion machinery company, sold 12,935 common shares on March 4, 2025. The shares were sold at $11.64 each, totaling approximately $150,563. The transaction comes as the stock has declined 7.54% over the past week, though trading at a moderate P/E ratio of 11.99. According to InvestingPro analysis, the stock appears slightly overvalued at current levels.

This sale was conducted to cover tax withholding obligations related to the vesting of performance share units (PSUs) from the company’s 2022-2024 Long-Term Incentive Plan. Following this transaction, Pampalone holds 417,383.596 shares directly.

Earlier, on February 28, 2025, Pampalone acquired 28,393 common shares at no cost, as part of the PSU vesting, which was contingent upon meeting specific performance criteria.

In other recent news, CNH Industrial has been facing challenges in the agricultural equipment sector, with S&P Global Ratings revising its outlook on the company to negative due to a larger-than-expected revenue contraction. The company’s revenue for 2024 saw a 23% decline, and further contraction is anticipated for 2025. Meanwhile, Baird analysts downgraded CNH Global from Outperform to Neutral, citing concerns over near-term growth prospects and the potential impact of dealer destocking. In response to these challenges, CNH has been implementing measures to preserve cash flow and maintain its credit rating, with expectations of a more favorable outlook in 2026.

Analyst firms have adjusted their price targets for CNH Global, with Citi raising its target to $15 while maintaining a Buy rating, and DA Davidson increasing its target to $14 with a Neutral stance. CFRA also raised its price target for CNH Industrial to $13, maintaining a Hold rating, and expressed caution about ongoing market conditions. Despite lower revenue guidance, CNH has been commended for effective inventory management and cost-reduction efforts. The company is expected to continue aligning production with retail demand, with forecasts suggesting flat to slightly positive pricing in 2025.

These developments highlight the ongoing challenges and strategic adjustments CNH is making in response to market conditions. Investors are closely monitoring CNH’s performance and future projections, especially with the company’s guidance indicating potential improvements in 2026.

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