Interactive Brokers shares jump as it secures spot in S&P 500
In a recent transaction, Timothy Lowney, the Vice President of Operations at Sturm Ruger & Co Inc (NYSE:RGR), purchased 2,200 shares of the company’s common stock. The shares were acquired at a price of $33.37 each, amounting to a total investment of $73,414. Following this transaction, Lowney now holds a total of 8,874 shares directly. This move comes as part of Lowney’s ongoing involvement with the company, where he plays a critical role in operations.
In other recent news, Sturm Ruger & Company announced its financial results for the first quarter of 2025, revealing earnings and revenue figures that fell short of analyst expectations. The company reported earnings per share of $0.46, missing the forecasted $0.67, while revenue came in at $135.7 million, below the anticipated $148.6 million. Despite these shortfalls, the company highlighted an increase in its gross margin from 21.5% to 22% compared to the previous year. Sturm Ruger remains debt-free and plans to increase capital expenditures significantly, with expectations exceeding $30 million for 2025. The company is focusing on new product launches to capture market share amid industry challenges. Analysts from Aegis Capital and Lake Street have shown interest in the company’s strategy for new product introductions and its approach to managing tariffs and inflationary pressures. Sturm Ruger emphasizes its commitment to innovation and operational improvements as it navigates a challenging firearms market.
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