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John P. Lauer, Executive Vice President and Chief Commercial Officer at Matson , Inc. (NYSE:MATX), recently sold a significant portion of his holdings in the company. According to a Form 4 filing with the Securities and Exchange Commission, Lauer disposed of a total of 7,985 shares of Matson’s common stock in three separate transactions on March 6, 2025. The sale comes as Matson demonstrates strong financial health with a perfect Piotroski Score of 9, according to InvestingPro data.
The sales were executed at a weighted average price range between $133.5864 and $137.3842 per share, resulting in a total transaction value of approximately $1.08 million. Following these transactions, Lauer’s remaining direct ownership stands at 25,192 shares. The stock, currently trading at an attractive P/E ratio of 9.46, has seen a 7.5% decline over the past week.
These transactions reflect Lauer’s ongoing management of his investment in the company, as he continues to hold a substantial number of shares in Matson. Despite the insider sale, InvestingPro analysis reveals that management has been actively buying back shares, with analysts setting price targets between $160 and $175. Discover 10+ additional exclusive ProTips and comprehensive analysis in the Pro Research Report.
In other recent news, Matson, Inc. reported impressive financial results for the fourth quarter of 2024, significantly surpassing earnings expectations. The company achieved an earnings per share (EPS) of $3.80, well above the forecasted $2.45, and reported revenue of $890.3 million, exceeding the anticipated $840.29 million. Matson’s strong performance was attributed to expedited China services and operational efficiency. Analysts at Stephens responded to these results by raising the price target for Matson shares to $175 from $165, maintaining an Overweight rating on the stock. The analysts highlighted Matson’s robust operational strategies and market positioning as key factors in their decision. Additionally, the company provided positive commentary regarding first-quarter pricing, suggesting continued strength in their business operations. Looking forward, Matson anticipates a moderate decline in full-year 2025 ocean operating income due to geopolitical factors but expects a meaningful increase in Q1 2025. The company remains focused on maintaining vessel schedule integrity and high-quality service, with capital expenditure plans for 2025 set between $425 million and $445 million.
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