Musk threatens Apple with legal action over App Store bias towards OpenAI
Kimberly Shacklett, SVP, Sales & Customer Success at MSC Industrial Direct Co Inc (NYSE:MSM), sold 2,129 shares of Class A Common Stock on July 9, 2025, at a price of $90.60, totaling $192,887.
On the same day, Shacklett also exercised options to acquire 2,129 shares of MSC Industrial Direct Co Inc at a price of $83.21, amounting to $177,154. According to InvestingPro analysis, the stock’s technical indicators suggest overbought conditions, with shares trading at a P/E ratio of 25.8x. Discover more insights and 10+ additional ProTips for MSM in the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers.
In other recent news, MSC Industrial reported its third-quarter fiscal 2025 results, surpassing both earnings and revenue expectations. The company’s earnings per share came in at $1.08, exceeding the forecasted $1.03, while revenue reached $971.1 million, slightly above the anticipated $970.26 million. Loop Capital responded by raising its price target for MSC Industrial to $84 from $74, although it maintained a Hold rating due to concerns about the company’s elevated valuation compared to its history and peers. KeyBanc also maintained its Sector Weight rating, noting the company’s conservative guidance despite a positive outlook for fourth-quarter sales. MSC Industrial’s fiscal fourth-quarter guidance indicates an increase in sales and gross margin, supported by low-single-digit price increases amidst an inflationary environment. The company has made progress in its Mission Critical initiatives, such as improvements in website traffic and seller coverage, which have contributed to its performance. Despite these advancements, KeyBanc and Loop Capital remain cautious, citing valuation concerns and the need for further evidence of demand acceleration and strategic execution.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.