ArcBest director Judy McReynolds sells $217,170 in company shares By Investing.com

Judy R. McReynolds, a director at ArcBest Corp. (), sold 1,500 shares of the company’s common stock on August 4, 2026. The transactions totaled $217,170, with shares sold at prices ranging from $144.600 to $144.850 per share. The reported price of $144.78 represents a weighted average of these sales.The insider sale comes as ArcBest shares have surged over 92% in the past year, though the stock currently trades above its InvestingPro Fair Value, suggesting potential overvaluation. According to InvestingPro analysis, the company’s market cap stands at $3.08 billion.

Following this transaction, Ms. McReynolds directly holds 61,348.14 shares of ArcBest common stock. An additional 1,350 shares are held indirectly through the McReynolds 2005 Joint Trust, for which Ms. McReynolds is a co-trustee.

In other recent news, ArcBest reported second-quarter 2026 earnings that surpassed expectations. The company achieved adjusted earnings per share of $2.38, exceeding Wall Street’s estimate of $2.17 and BofA’s projection of $2.24. Revenue for the quarter reached $1.2 billion, outperforming the forecast of $1.18 billion and marking a 16% increase from the previous year. Additionally, ArcBest’s non-GAAP operating income rose to $74 million, up from $45 million in the same period last year. Despite these strong results, BofA Securities adjusted its price target for ArcBest to $152 from $173, maintaining a Neutral rating due to valuation concerns. The firm’s analysis highlighted stronger-than-expected Asset-Light results, while Asset-Based outcomes met expectations. These developments come amid investor concerns about restructuring charges and broader freight cycle issues.

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