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Thomas Axmacher, VP & Controller at Global Industrial Co (NYSE:GIC), sold 9,255 shares of common stock on September 4, 2025, at a price of $37.50, totaling $347,062.
On the same day, Axmacher exercised options to acquire 9,255 shares of Global Industrial Co stock at a price of $23.72, for a total value of $219,528. Following these transactions, Axmacher directly owns 8,024 shares of the company, representing a stake in the $1.47 billion market cap industrial distributor. InvestingPro subscribers can access 11 additional key insights about GIC, including detailed insider trading patterns and comprehensive valuation metrics.
In other recent news, Global Industrial Co reported its second-quarter earnings for 2025, exceeding analysts’ expectations. The company achieved an earnings per share (EPS) of $0.65, outperforming the projected $0.50. Revenue also surpassed forecasts, reaching $358.9 million compared to the anticipated $351.81 million. Despite the positive earnings and revenue results, the company’s stock saw a decline in aftermarket trading. These developments highlight the company’s financial performance amid recent market conditions. The earnings surprise of 30% in EPS suggests a strong quarter for Global Industrial Co. Analysts had forecasted lower numbers, making the actual results noteworthy. These updates provide insight into the company’s recent activities and financial health.
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