Functional Brands closes $8 million private placement and completes Nasdaq listing
Director Franklin Myers of COMFORT SYSTEMS USA INC (NYSE:FIX) sold 5,000 shares of common stock on October 29, 2025, for $5.03 million. The price per share for the sale was $1006.6821.
Following the transaction, Myers directly owns 82,901 shares of COMFORT SYSTEMS USA INC. He also indirectly owns 12,495 shares through a partnership interest.
In other recent news, Comfort Systems USA reported a strong third-quarter performance for 2025, surpassing both earnings and revenue forecasts. The company achieved earnings per share of $8.25, significantly above the projected $6.25, marking a 32% surprise. Revenue reached $2.5 billion, exceeding the expected $2.13 billion by 15.02%. UBS responded to these results by raising its price target for Comfort Systems USA to $1,140 from $875, while maintaining a Buy rating, citing a strong backlog. KeyBanc highlighted the company’s accelerating top-line growth and the expansion of core margins, although it maintained a Sector Weight rating with no specified price target. Additionally, Comfort Systems USA’s backlog increased by more than $1 billion for the second consecutive quarter, contributing to the positive outlook. These developments reflect the company’s robust financial health and growth prospects, as evidenced by the favorable closeouts noted by KeyBanc.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
