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Jonathan D. Buck, the Chief Accounting Officer of MSA Safety Inc. (NYSE:MSA), a $6.29 billion safety equipment manufacturer with a GOOD financial health rating according to InvestingPro, recently sold a portion of his holdings in the company. According to a filing with the Securities and Exchange Commission, Buck sold 717 shares of common stock on February 24, 2025, at a price of $159 per share, totaling $114,003. Following this transaction, Buck retains ownership of 3,673 shares in the company. The sale occurred as MSA trades near its 52-week low, with analysts setting price targets ranging from $175 to $212.50 per share. The company maintains a strong dividend track record, having paid dividends for 53 consecutive years. For comprehensive insider trading analysis and 8 additional key insights about MSA, visit InvestingPro.
In other recent news, MSA Safety reported its fourth-quarter 2024 earnings, which exceeded analyst expectations with an adjusted diluted earnings per share (EPS) of $2.25, slightly above the forecast of $2.24. However, the company’s revenue fell short of projections, coming in at $500 million against an expected $518.11 million, although it still marked a 1% year-over-year increase. The company has announced a low single-digit revenue growth projection for 2025, with expectations for stronger growth in the latter half of the year. DA Davidson adjusted its price target for MSA Safety to $188 from $195 but maintained a Buy rating on the stock, highlighting the company’s strong margin performance and effective management of selling, general, and administrative expenses. The firm also noted MSA Safety’s focus on enhancing gross margins and increasing earnings per share. MSA Safety launched several innovative products, which are expected to bolster its competitive position. The company’s strategic focus on innovation and operational efficiency has been emphasized as key to maintaining its market position. Looking ahead, MSA Safety anticipates low single-digit organic sales growth in 2025, with plans to leverage its innovation pipeline and focus on key segments like detection and fall protection.
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