Zurn Elkay water solutions director sells $444k in stock

Published 14/08/2025, 22:12
Zurn Elkay water solutions director sells $444k in stock

Director Timothy J. Jahnke of Zurn Elkay Water Solutions Corp (NYSE:ZWS) sold 9,857 shares of common stock on August 12, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sale comes as the company’s stock trades near its 52-week high of $45.90, having delivered an impressive 51.56% return over the past year.

The shares were sold at a weighted average price of $45.06, for a total value of $444156. The transactions were executed in multiple trades at prices ranging from $45.00 to $45.10. The sale was executed pursuant to a Rule 10b5-1 plan. According to InvestingPro analysis, the stock is currently trading above its Fair Value, with technical indicators suggesting overbought conditions.

Following the transaction, Jahnke directly owns 328964 shares of Zurn Elkay Water Solutions Corp. He also indirectly owns 180,000 shares through an irrevocable trust. The company, now valued at $7.61 billion, has shown strong momentum with substantial returns across multiple timeframes. For deeper insights into ZWS’s valuation and 17 additional ProTips, visit InvestingPro.

In other recent news, Zurn Water Solutions reported impressive financial results for the second quarter of 2025, significantly surpassing earnings expectations. The company achieved earnings per share of $0.42, outperforming the anticipated $0.36, which represents a 16.67% surprise. Revenue also exceeded projections, reaching $445 million compared to the forecasted $424.61 million. Additionally, Mizuho has adjusted its price target for Zurn Water Solutions to $43.00 from $36.00, maintaining a Neutral rating. This revision was attributed to the company’s strong second-quarter performance, driven by effective tariff mitigation and modest relief. Zurn’s organic sales growth of 8% in Q2 is anticipated to continue into the third quarter. These developments indicate positive momentum for Zurn Water Solutions, as highlighted by the analysts at Mizuho.

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