Luxfer Holdings director Clive Snowdon sells $41,282 in stock

In a recent transaction, Clive Snowdon, a director at Luxfer Holdings PLC (NYSE:LXFR), sold 4,120 ordinary shares on June 5, 2025. The shares were sold at a price of $10.02 each, totaling $41,282. Following this transaction, Snowdon, through indirect ownership by his spouse, now holds 21,903 shares of the company. The stock, currently trading at $12.30, has shown resilience with a 7% return over the past year. According to InvestingPro analysis, the company appears undervalued based on its Fair Value metrics.

In addition to the sale, Snowdon also executed a conversion of 9,207 restricted stock units into ordinary shares on the same day. These restricted stock units converted on a one-for-one basis and were fully vested as of that date. Furthermore, on June 6, 2025, Snowdon acquired an additional 8,622 restricted stock units as part of an annual non-discretionary grant to the company’s non-executive directors. These units will vest prior to the company’s 2026 Annual General Meeting of Shareholders. The company maintains a strong financial position with a current ratio of 2.02 and operates with moderate debt levels.

These transactions reflect routine adjustments in Snowdon’s holdings in Luxfer Holdings PLC, a company based in the United Kingdom (TADAWUL:4280), where he serves as a non-executive director. With a market capitalization of $324 million and a P/E ratio of 13.8, Luxfer demonstrates solid fundamentals. InvestingPro subscribers can access detailed financial health scores and additional insights through the comprehensive Pro Research Report, available for over 1,400 US-listed companies.

In other recent news, Luxfer Holdings PLC reported its Q1 2025 financial results, where the company achieved an adjusted earnings per share (EPS) of $0.23, surpassing the analyst forecast of $0.21. However, Luxfer’s revenue of $90.5 million fell short of the expected $93 million, despite showing an 8.9% year-over-year increase. The company reaffirmed its full-year guidance for 2025, projecting flat revenue growth and adjusted EPS between $0.95 and $1.05. The strategic initiatives include potential share buybacks and a focus on high-barrier markets like defense and aerospace, which contributed to the revenue growth.

Additionally, Luxfer Holdings held its Annual General Meeting, where shareholders approved several key resolutions, including the election of six directors and the re-appointment of PricewaterhouseCoopers LLP as the independent auditor. The shareholders also authorized the Board to issue shares and repurchase up to 10% of the company’s issued share capital by June 2030. These decisions reflect Luxfer’s ongoing governance and operational strategies.

Luxfer’s performance in the defense and aerospace markets remains strong, although the alternative fuel cylinder market continues to face challenges. The company also plans to divest its Graphic Arts business by mid-2025, aiming to sharpen its focus on higher-margin growth opportunities. Analyst firms have not recently issued upgrades or downgrades for Luxfer, but the company’s reaffirmed guidance suggests confidence in its strategic direction.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.