Metallus EVP Syrvalin sells $135k in shares

Published 24/07/2025, 00:14
Metallus EVP Syrvalin sells $135k in shares

Kristine C. Syrvalin, EVP General Counsel at Metallus Inc (NASDAQ:MTUS), sold 7,500 common shares of the company on July 23, 2025, at a price of $18.0, for a total transaction value of $135,000. The sale comes amid a strong rally in Metallus shares, which have gained nearly 12% in the past week. According to InvestingPro data, the stock is currently trading above its Fair Value, with technical indicators suggesting overbought conditions.

Following the transaction, Syrvalin directly owns 89,910 common shares of Metallus Inc. She also indirectly owns 5,322 shares through a 401(k) plan. The company maintains a healthy balance sheet with a current ratio of 2.03, indicating strong liquidity. InvestingPro subscribers can access 13 additional key insights about Metallus’s financial health and future prospects.

The sale was executed under a pre-arranged trading plan that satisfies Rule 10b5-1(c), which was adopted on November 14, 2024. With earnings scheduled for August 7, investors can access comprehensive analysis and Fair Value estimates through the detailed Pro Research Report available on InvestingPro.

In other recent news, Metallus Inc. reported its financial results for the first quarter of 2025, showing a mixed performance. The company posted earnings per share of $0.07, which did not meet the expected $0.10. However, Metallus’s revenue of $280.5 million exceeded the forecasted $259.6 million, indicating a stronger-than-anticipated sales performance. Following these results, KeyBanc Capital Markets maintained its Sector Weight rating on the company, citing increased costs and a less favorable pricing and product mix as factors in their outlook. Despite these challenges, KeyBanc highlighted Metallus’s strong balance sheet and potential growth in the munitions sector later in 2025.

Additionally, Metallus announced significant changes to its executive team. Kristopher R. Westbrooks, who has been with the company since 2018, was appointed as the new president and chief operating officer. John M. Zaranec III will take on the role of executive vice president and chief financial officer. These leadership changes are part of Metallus’s ongoing strategy to strengthen its operations and financial management.

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

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.