Carpenter Technology director Ramin Younessi sells $216k in stock By Investing.com

Ramin Younessi, a director at Carpenter Technology Corp. (), sold shares totaling $216,001 on August 21, 2026, according to a recent SEC filing. The transactions also included the acquisition of common stock through the exercise of options on the same day.

Mr. Younessi disposed of 438 shares of Carpenter Technology common stock. The shares were sold at an average price of $493.153 per share, with individual transaction prices ranging from $492.6 to $493.19 per share. The timing comes as CRS stock has delivered a remarkable 101% return over the past year, though InvestingPro analysis suggests the stock is currently overvalued relative to its Fair Value. Investors can access detailed valuation metrics and 15 additional ProTips on InvestingPro, including insights on the company’s 56-year dividend payment streak.

Concurrently, Mr. Younessi acquired 438 shares of common stock by exercising director stock options at a price of $161.38 per share, representing a total value of $70,684 for the acquisition. These options were granted under the Carpenter Technology Corporation Stock Based Compensation Plan for Non-Employee Directors.

Following these transactions, Mr. Younessi’s direct beneficial ownership of Carpenter Technology common stock stands at 1,953.46 shares. This figure includes dividend equivalents not previously reported.

In other recent news, Carpenter Technology reported its fiscal fourth-quarter results for 2026, showing mixed outcomes. The company exceeded earnings expectations with adjusted earnings per share at $3.23, surpassing the forecasted $3.07. However, revenue fell short, coming in at $851 million compared to the anticipated $862.03 million. Despite the revenue miss, Carpenter Technology achieved record quarterly operating income of $206.9 million, marking a 37% increase from the previous year. The Specialty Alloys Operations segment continued its streak of margin expansion, delivering a record 37.8% adjusted operating margin. Management has projected full-year fiscal 2027 operating income to be between $850 million and $880 million, indicating potential growth of 21% to 25%. In response to these developments, KeyBanc adjusted its price target for Carpenter Technology to $608 from $644, while maintaining an Overweight rating. This adjustment followed the company’s recent earnings report and reflects the firm’s valuation considerations.

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