Hansen, Mueller Industries director, sells $105,710 in stock
Fortrea Holdings Inc. (NASDAQ:FTRE) Chief Operating Officer Mark A. Morais sold 3,155 shares of company stock on September 9, 2025, for approximately $32,275. The sales were executed in multiple trades at prices ranging from $10.02 to $10.44, with the stock currently trading at $10.02. According to InvestingPro data, the company’s shares have shown significant volatility, trading between $3.97 and $25.28 over the past 52 weeks.
On September 8, Morais also exercised options to acquire 7,156 shares of Fortrea Holdings stock, with the shares obtained through the settlement of Restricted Stock Units.
Following these transactions, Morais directly owns 56,976 shares of Fortrea Holdings Inc. common stock and indirectly owns 4,625 shares through a spouse.
In other recent news, Fortrea Holdings Inc. reported a notable earnings beat for the second quarter of 2025. The company achieved earnings per share of $0.19, significantly exceeding analyst forecasts of $0.08. Revenue also surpassed expectations, reaching $710.3 million compared to the projected $631.5 million. These financial results highlight a strong quarter for the company. Jefferies, a research firm, raised its price target for Fortrea from $5.00 to $7.00, while maintaining a Hold rating. The firm noted improvements in the company’s income statement, including stronger revenue, EBITDA margin, and earnings per share than initially anticipated. These developments have contributed to a positive outlook among investors and analysts alike.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.