ArcBest director Judy McReynolds sells $397,065 in shares By Investing.com
- Investing
Ramit Sethi- 3 minutes read
Judy R. McReynolds, a director at ArcBest Corp. (), disposed of 2,857 shares of the company’s common stock on August 7, 2026. The transaction totaled approximately $397,065.
The shares were sold at prices ranging from $138.80 to $139.10, with a weighted average price of $138.98 per share. The stock has since climbed to $142.88, reflecting a remarkable year-to-date surge of 93% and a one-year return exceeding 100%. According to InvestingPro analysis, ARCB currently appears overvalued relative to its Fair Value.
Following this transaction, Ms. McReynolds indirectly holds 50,048.14 shares of ArcBest common stock through the McReynolds 2005 Joint Trust, for which she serves as co-trustee. For deeper insights into ARCB’s valuation and performance, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro for this and 1,400+ other US equities.
In other recent news, ArcBest reported impressive second-quarter 2026 financial results, surpassing expectations on both earnings and revenue. The company achieved adjusted earnings per share of $2.38, which exceeded Wall Street’s estimate of $2.17 and represented a 76% increase year-over-year. Revenue for the quarter reached $1.2 billion, surpassing the forecasted $1.18 billion and marking a 16% rise from the previous year. Non-GAAP operating income also saw a significant increase, climbing to $74 million from $45 million. Despite these strong results, BofA Securities adjusted its price target for ArcBest, lowering it to $152 from $173 while maintaining a Neutral rating. This adjustment was attributed to valuation considerations. ArcBest’s core results were driven by stronger performance in its Asset-Light segment, while the Asset-Based segment met expectations. These developments reflect the company’s ability to outperform analyst projections and adapt to market conditions.
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