WESCO EVP Akash Khurana sells $1.25m in company stock

WESCO's Executive Vice President and Chief Information and Digital Officer, Akash Khurana, divested $1.25 million worth of the company's common stock on August 17, 2026. The transactions encompassed the sale of 3,400 shares, split into three separate trades. Mr. Khurana sold 1,560 shares at an average price of $366.10 per share, 1,480 shares at $367.13 per share, and a final 360 shares at $368.27 per share.

The stock, currently trading at $343.85, is considered overvalued by InvestingPro analysts. Despite this, WESCO International reported robust second-quarter earnings, surpassing market expectations with adjusted earnings per share of $4.57 and revenue of $6.7 billion. This performance, driven by growth across various business segments, has led to a raised price target of $430 by RBC Capital for the company's stock.