Franklin Electric director Sengstack sells $981k in stock

Published 14/08/2025, 19:42
Franklin Electric director Sengstack sells $981k in stock

Director Gregg C. Sengstack of Franklin Electric Co. (NASDAQ:FELE), a $4.27 billion market cap company, sold 10,000 shares of common stock on August 13, 2025, at a price of $98.1943, for a total transaction value of $981,943. According to InvestingPro analysis, the stock is currently trading near its Fair Value, with a generally low volatility pattern.

Following the transaction, Sengstack directly owns 130,425 shares of Franklin Electric , a company that InvestingPro data shows has maintained strong financial health with a ’GOOD’ overall score. This includes 7,324 restricted shares that vest monthly in equal installments through April 1, 2027, 11,436 restricted stock units that vest on 2/22/2027, 11,069 restricted stock units that vest on 2/16/2026, and 100,596 shares owned outright. The company has notably raised its dividend for 32 consecutive years, demonstrating consistent shareholder returns.

Sengstack also indirectly owns 160,000 shares through the Gregg Sengstack 2020 Dynasty Trust, for which his spouse is the trustee. Additionally, he indirectly owns 115,000 shares through his spouse’s trust, the Dianne Sengstack 2020 Dynasty Trust, for which he serves as trustee. He also indirectly owns 9,032 shares through the Sengstack Family Foundation, where he is the president, and 56,900 shares by Spouse. Get comprehensive insights and detailed analysis about Franklin Electric’s financial health, valuation, and growth prospects through the Pro Research Report, available exclusively on InvestingPro.

In other recent news, Franklin Electric Co. Inc. announced its second quarter 2025 earnings, surpassing analysts’ expectations. The company reported an earnings per share (EPS) of $1.31, which was above the forecasted $1.29. Additionally, Franklin Electric’s revenue reached $587.4 million, exceeding projections of $566.56 million. These results highlight a positive performance for the quarter, reflecting the company’s ability to outperform market predictions. The announcement of these earnings results has garnered attention from investors and analysts alike. Franklin Electric’s recent earnings report underscores its financial health and operational success. The company’s performance may influence future analyst recommendations and investor interest.

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