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H.B. Fuller exec VP Nathan Weaver sells $593k in company stock

H.B. Fuller exec VP Nathan Weaver sells $593k in company stock

Nathan D. Weaver, Executive Vice President of Business Transformation at H.B. Fuller Co. (NYSE: FUL), sold 9,561 shares of the company's common stock on August 11, 2026, for approximately $593,331. The transaction occurred near the stock's current trading price of $62.75, with shares purchased at prices between $50.10 and $53.57.

Weaver's sale followed the exercise of employee stock options, resulting in a total cost of about $494,916 for the acquired shares. As a result, Weaver now directly owns 11,739 shares of H.B. Fuller common stock, including additional shares acquired through a dividend reinvestment plan. Analysts note that H.B. Fuller is currently undervalued, with a Fair Value of $74.26, and has raised its dividend for 33 consecutive years.

The company is also facing a potential acquisition proposal by Ancora Holdings, which has not yet been responded to by H.B. Fuller's leadership. H.B. Fuller has raised its quarterly cash dividend to $0.245 per share, payable in August 2026. Market sentiment towards H.B. Fuller has improved, with a 9% increase in its long crowding score, driven by lower short interest and positive outlooks.

However, UBS has reduced its price target to $69 and maintains a Neutral rating due to acquisition concerns, while also adjusting its 2026 EBITDA outlook downward by 4% to around $691 million.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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