Azz Pres & COO Jeffrey Vellines sells $647,981 of company stock
On August 11, 2026, Jeffrey Vellines, President and Chief Operating Officer of AZZ INC (NASDAQ:AZZ), sold 4,220 shares of the company's common stock for a total value of $647,981. The shares were sold at a weighted average price of $153.55 per share, ranging from $153.20 to $154.125. Following the transaction, Mr. Vellines still holds 1,834 shares of AZZ common stock.
This insider sale occurred as AZZ shares were trading near $153, marking a 44% increase year-to-date. However, InvestingPro analysis suggests the stock may be overvalued at current levels compared to its Fair Value. The company boasts a market capitalization of $4.58 billion and a P/E ratio of 23.4. For a more detailed assessment of AZZ’s valuation, investors can refer to the Pro Research Report on InvestingPro.
Earlier this month, AZZ reported first-quarter fiscal 2027 results that surpassed expectations, with adjusted diluted earnings of $1.85 per share and revenue of $448.5 million, both exceeding projections. Despite these positive outcomes, the stock price saw a decline.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
