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Kirby CORP (NASDAQ:KEX) CEO David W. Grzebinski sold 29,451 shares of company stock on November 21, 2025, for $3.16 million. The shares were sold at a weighted average price of $107.41, with prices ranging from $106.87 to $108.12.
On the same day, Grzebinski also exercised options to acquire 29,451 shares of Kirby CORP stock at a price of $73.93, for a total value of $2.17 million.
In other recent news, Kirby Corporation reported its third-quarter 2025 earnings, surpassing analysts’ forecasts. The company’s earnings per share reached $1.65, slightly above the expected $1.64, while revenue totaled $871.16 million, exceeding the anticipated $848.9 million. Additionally, Wolfe Research has raised its price target for Kirby to $119 from $101, maintaining a Buy rating. This adjustment follows Kirby’s guidance for improved sequential Inland revenues and margins in the fourth quarter, with expectations for stable Coastal trends. These recent developments highlight a positive outlook for Kirby, as reflected in the upgraded price target and better-than-expected financial performance.
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