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William J. Krueger, Senior Vice President and Chief Operating Officer for the Americas at Greenbrier Companies Inc . (NYSE:GBX), recently executed a series of stock sales totaling $110,127. The transactions, which occurred on March 3, were conducted under a 10b5-1 trading plan adopted in July 2024. The sales come as Greenbrier trades at an attractive P/E ratio of 9.2x, with the stock showing significant volatility in recent months. According to InvestingPro analysis, the company’s stock is currently trading near its Fair Value.
Krueger sold a total of 2,000 shares of common stock at prices ranging from $54.12 to $56.06 per share. Following these transactions, Krueger retains ownership of 40,714 shares in the company. The sales occurred as Greenbrier maintains strong fundamentals, with a current ratio of 1.86 indicating healthy liquidity and a market capitalization of $1.7 billion. For deeper insights into insider trading patterns and comprehensive analysis, InvestingPro subscribers can access detailed research reports covering 1,400+ US stocks.
The sales were carried out in multiple transactions, with specific prices and quantities available upon request to Greenbrier Companies or the Securities and Exchange Commission. Despite recent stock price volatility, Greenbrier has demonstrated consistent performance with a 14% return on equity and maintains a 2.2% dividend yield, having sustained dividend payments for 12 consecutive years.
In other recent news, The Greenbrier Companies Inc. reported impressive financial results for the first quarter of 2024, significantly surpassing earnings expectations. The company’s earnings per share (EPS) reached $1.72, far exceeding the forecasted $0.95, while revenue hit a record $876 million, surpassing the expected $835.4 million. This strong performance reflects Greenbrier’s strategic focus on margin expansion and operational efficiency, with the company reporting its highest first-quarter revenue and earnings per share since 2016. In corporate governance developments, Greenbrier shareholders elected Thomas B. Fargo, Antonio O. Garza, and James R. Huffines as Class I Directors for a three-year term. Shareholders also approved the advisory resolution on executive compensation for 2024 and ratified the appointment of KPMG LLP as independent auditors for the fiscal year ending August 31, 2025. These actions indicate shareholder support for the company’s governance and executive compensation practices. The company’s fiscal 2025 guidance remains unchanged, with plans for continued strategic investments in its railcar fleet.
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