ArcBest director Judy McReynolds sells $397,065 in shares

On August 7, 2026, director Judy R. McReynolds of ArcBest Corp. (ARCB) sold 2,857 shares of the company's common stock, totaling roughly $397,065. The shares were exchanged at prices between $138.80 and $139.10, with an average cost of $138.98 per share. Since the transaction, ARCB's stock has skyrocketed to $142.88, marking a stunning 93% increase year-to-date and surpassing the 100% one-year return mark.

However, InvestingPro's analysis suggests that the stock is currently overvalued. Following the sale, McReynolds indirectly owns 50,048.14 shares via the McReynolds 2005 Joint Trust, where she acts as co-trustee. For investors seeking a more in-depth understanding of ARCB's valuation and performance, InvestingPro's Pro Research Report is available exclusively for this and 1,400 other US equities.

Meanwhile, ArcBest reported robust second-quarter 2026 financial results, exceeding expectations on both earnings and revenue. The company reported adjusted earnings per share of $2.38, surpassing the predicted $2.17 and representing a 76% year-over-year increase. Meanwhile, the quarter's revenue hit $1.2 billion, outpacing the forecasted $1.18 billion and marking a 16% rise from the previous year.

Notably, non-GAAP operating income climbed to $74 million from $45 million. Despite these stellar results, BofA Securities lowered its price target for ArcBest to $152 from $173, retaining a Neutral rating due to valuation concerns. ArcBest's strong performance was largely driven by its Asset-Light segment, while the Asset-Based segment met expectations.