Kodiak Gas Services COO sells $44,200 in KGS stock

Kodiak Gas Services COO William Chad Lenamon recently sold 1,000 shares of the company's common stock. The transaction, executed on November 11, 2026, netted Lenamon $44,200 at a price of $44.20 per share. The sale was carried out in accordance with a pre-established 10b5-1 trading plan adopted on March 13, 2026. Lenamon currently directly owns 83,294 shares of Kodiak Gas Services, with an additional 1,100 shares indirectly held by his son.

The insider sale occurred as KGS stock traded close to its sale price of $44.40, down approximately 41% over the past six months. Despite a slight overvaluation according to InvestingPro analysis, Kodiak Gas Services reported strong third-quarter 2026 results, with revenue exceeding expectations by 7.14% and earnings per diluted share reaching $0.70.

The company's adjusted EBITDA also hit a record $224.5 million, driven by growth in both its core compression business and the new power infrastructure segment. Management has raised its full-year outlook, citing robust demand across its operations. Analysts have adjusted their price targets accordingly, with Stifel maintaining a Buy rating and Jefferies lowering its target to $52.