Eagle Materials SVP Tony Thompson sells $626,977 in common stock

Eagle Materials Inc. (NYSE:EXP) SVP Tony Thompson sold 3,074 shares of the company's common stock on August 24, 2026, for a total of $626,977. The sale was conducted at a price of $203.9614 per share, bringing Thompson's direct holding of Eagle Materials common stock to 10,142 shares. As of the current trading price of $200.08, the company's market capitalization stands at $6.15 billion.

According to InvestingPro analysis, Eagle Materials is currently overvalued, with a P/E ratio of 15.79. The company has maintained dividend payments for 23 consecutive years, yielding 0.5%. Eagle Materials reported record first-quarter revenue of $651 million for fiscal 2027, exceeding Wall Street estimates. However, earnings per share were slightly below forecasts at $3.29.

The company's revenue growth was attributed to higher cement sales volumes, record recycled paperboard volume, and stronger aggregates sales, which helped offset increased operating costs. Analyst D.A. Davidson initiated coverage on Eagle Materials with a neutral rating and a price target of $220.00, based on a fiscal year 2028 EBITDA forecast of $772 million.

Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.