Westinghouse Air Brake Technologies CEO sells shares worth $163,968

Rafael Santana, President and CEO of Westinghouse Air Brake Technologies Corp. (NYSE:WAB), a $30.32 billion market cap company with a GOOD financial health rating, recently sold a portion of his holdings in the company. According to a recent SEC filing, Santana executed multiple transactions on April 2, 2025, totaling $163,968 in value. The shares were sold at prices ranging from $182.51 to $186.08, compared to the current stock price of $176.52.

These transactions involved the sale of 886 shares of common stock, leaving Santana with 201,558 shares owned directly following the sales. The weighted average prices for the shares sold reflect a range of market activity within a narrow band, indicating a strategic execution of the sales.

Investors and market observers often keep a close eye on insider transactions, such as these, to gauge the sentiment and potential future performance of the company.

In other recent news, Wabtec Corporation has reported its fourth-quarter 2024 earnings, revealing an adjusted earnings per share (EPS) of $1.68, which fell short of the forecasted $1.74. The company also reported revenues of $2.58 billion, missing the expected $2.63 billion. Despite the quarterly miss, Wabtec demonstrated strong full-year performance with a 7.3% increase in revenue and a significant 27.7% rise in adjusted EPS. In a strategic move, Wabtec has entered into a definitive agreement to acquire Dellner Couplers for $960 million, a transaction expected to enhance its Transit business and provide significant synergies.

KeyBanc Capital Markets has maintained its Overweight rating on Wabtec stock with a $220 price target, citing confidence in the company’s growth trajectory and investment potential. The firm noted that Wabtec’s management outlined updated five-year targets, including mid-single-digit organic sales growth and a double-digit EPS compound annual growth rate through 2029. Additionally, Wabtec’s recent innovations, such as autonomous locomotives and digital intelligence solutions, underscore its commitment to technological advancement in the rail industry.

These developments reflect Wabtec’s strategic focus on mergers and acquisitions and its efforts to expand its market presence and technological capabilities. The acquisition of Dellner Couplers is anticipated to be immediately beneficial to shareholders, with expectations of accretive growth and positive returns on invested capital over time.

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