H.B. Fuller director Charles Lauber purchases $99,984 of stock

H.B. Fuller's director Charles Lauber purchased 2,005 shares of the company's common stock on September 29, 2026, for a total of $99,984. The shares were bought at prices between $49.7767 and $49.9400 per share, with a weighted average purchase price of $49.8676 per share. This acquisition took place as the stock was trading near its 52-week low of $46.70, and InvestingPro analysis suggests the company is undervalued at current levels.

Following these transactions, Mr. Lauber now directly owns 3,356 shares of H.B. Fuller common stock, in addition to 13,169.88 stock units that convert into shares upon certain events. This purchase reflects a trend of share repurchases by H.B. Fuller's management, which analysts note is contributing to broader corporate activity.

The company's recent third-quarter 2026 financial results showed adjusted earnings of $1.52 per share, slightly above expectations, but revenue fell short of forecasts, prompting cautious investor sentiment. Baird lowered its price target for H.B. Fuller from $75 to $65 while maintaining an Outperform rating, based on a projected 13 times earnings per share for fiscal 2027.