Park Ohio CLO Vilsack sells $306,086 in company stock

Robert D. Vilsack, the Secretary and Chief Legal Officer at Park Ohio Holdings Corp (NASDAQ: PKOH), sold 7,000 shares of the company's common stock on September 29, 2026. The sale totaled $306,086, with the shares being sold at prices between $46.40 and $47.57 each. The stock is currently trading at $45.75, up 131% over the past year.

However, analysts believe the stock is overvalued, ranking it among the most overvalued companies, according to InvestingPro. Park Ohio Holdings Corp maintains a market capitalization of $640.73 million and a P/E ratio of 23.66. The sale was carried out under a Rule 10b5-1 trading plan adopted on June 29, 2026. Following the transaction, Vilsack directly owns 161,339 shares of PKOH.

The company recently reported strong second-quarter 2026 financial results, exceeding analyst estimates. Adjusted earnings were $0.93 per share, compared to the estimated $0.82, and revenue reached $440 million, surpassing the forecasted $425.35 million. These results allowed Park-Ohio to raise its full-year outlook. The company's shares saw a rise in after-hours trading following the impressive financial report.