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Richard J. Hipple, a director at Luxfer Holdings PLC (NYSE:LXFR), sold 4,108 ordinary shares on June 5, 2025, at a price of $10.02 each, totaling $41,162. Following this transaction, Hipple holds 15,803 shares directly. The sale occurred at a significant discount to the current trading price of $12.25. InvestingPro analysis shows Luxfer, with a market cap of $324 million, maintains strong financials with a current ratio of 2.02 and offers a notable 4.27% dividend yield.
In addition to the sale, Hipple converted 9,207 restricted stock units into ordinary shares on the same day. The restricted stock units were converted on a one-for-one basis, as per the company’s equity plan, and were fully vested on June 5, 2025. According to InvestingPro, the company appears undervalued based on its Fair Value estimate, with additional ProTips highlighting its strong financial health and profitable operations. Hipple’s transactions also included the acquisition of 8,622 restricted stock units on June 6, 2025, as part of an annual non-discretionary grant for non-executive directors. These newly acquired units will vest before Luxfer Holdings’ 2026 Annual General Meeting.
In other recent news, Luxfer Holdings PLC reported its first-quarter 2025 earnings, revealing an adjusted earnings per share (EPS) of $0.23, which surpassed analyst expectations of $0.21. However, the company’s revenues were $90.5 million, falling short of the anticipated $93 million. Luxfer maintained a low net debt position and highlighted strong demand in the defense and aerospace sectors, though it faced challenges in the alternative fuel cylinder market. During their Annual General Meeting, Luxfer shareholders approved several key resolutions, including the election of six directors and the re-appointment of PricewaterhouseCoopers LLP as the independent auditor until 2026. Additionally, shareholders authorized the Board to issue shares and repurchase up to 10% of the company’s issued share capital by 2030. Looking ahead, Luxfer reaffirmed its full-year 2025 guidance, projecting flat revenue growth and an adjusted EPS range of $0.95 to $1.05. The company is also considering strategic initiatives such as share buybacks and the divestment of its Graphic Arts business by mid-2025. These developments underscore Luxfer’s focus on maintaining operational efficiency and exploring growth opportunities.
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