New insider activity at Griffon ( (GFF) ) has taken place on February 8, 2025.
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Director Cheryl L. Turnbull has sold 3,000 shares of Griffon stock, amounting to $242,400. Meanwhile, Director James Sight has offloaded 1,360 shares of Griffon stock for a total of $110,160.
Recent Updates on GFF stock
Griffon Corporation recently held its Q1 earnings call for Fiscal 2025, showing strong financial performance with an increase in net income to $70.9 million and adjusted EBITDA rising by 13%. The company highlighted improved profitability in its Consumer and Professional Products (CPP) segment due to global sourcing expansion, despite a 4% revenue decline in the same segment. Griffon continued its stock repurchase program and maintained stable dividends, demonstrating confidence in its financial health. Analysts have raised Griffon’s price targets, attributing these changes to stable or improving margins, effective pricing strategies, and the potential for a company sale in the future. Despite some challenges with decreased revenue in certain sectors and tariff concerns, Griffon remains optimistic about achieving its financial targets, driven by strong free cash flow and strategic initiatives.
More about Griffon
YTD Price Performance: 12.39%
Average Trading Volume: 431,187
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.84B