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Phinia INC (NYSE:PHIN) Vice President and Controller Samantha Pombier sold 400 shares of common stock on August 12, 2025, at a price of $53.06, for a total transaction value of $21,224. The stock has since climbed to $56.06, marking a 10.79% gain over the past week and currently trades near its 52-week high of $57.23. According to InvestingPro analysis, technical indicators suggest the stock is in overbought territory.
Following the transaction, Pombier directly owns 10,785 shares of Phinia INC, including 4,948 shares of restricted stock. While this insider sale occurred, InvestingPro data reveals management has been actively buying back shares, with the company maintaining strong financials and 10 additional key insights available to subscribers through the comprehensive Pro Research Report.
In other recent news, Phinia Inc. reported impressive financial results for the second quarter of 2025. The company achieved an adjusted earnings per share (EPS) of $1.27, significantly surpassing the forecasted $0.93, representing a 36.56% surprise. Phinia’s net sales reached $890 million, marking a 2.5% increase compared to the previous year. Following these robust earnings results, BofA Securities raised its price target for Phinia to $60 from $55, while maintaining a Buy rating on the stock. These developments indicate strong performance and positive sentiment around the company’s financial health.
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