New insider activity at Alamo Group ( (ALG) ) has taken place on March 12, 2025.
In recent transactions involving Alamo Group stock, Edward Rizzuti, EVP, Corp Dev, IR & Secretary, sold 750 shares, amounting to a total of $137,527. Additionally, Dan Edward Malone, EVP & CSO, sold 1,771 shares, with the sale totaling $324,199.
Recent Updates on ALG stock
Alamo Group has experienced mixed financial results, leading to varied analyst reactions. DA Davidson lowered its price target slightly, citing resilient growth in the Industrial business and strong operating margins, alongside a strategic focus on M&A and share repurchases. Conversely, Baird downgraded Alamo to Neutral, pointing to a peak in industrial orders and potential flat or declining earnings over the next two years without acquisitions. The company’s Q4 earnings report highlighted a decline in overall net sales, driven by significant setbacks in the Vegetation Management Division due to high interest rates and lower commodity prices, while the Industrial Equipment Division showed robust growth. Alamo’s cost reduction initiatives and improved cash flow are expected to bolster its financial stability, with a cautious outlook for 2025 as it anticipates modest recovery in the Vegetation Management markets.
More about Alamo Group
YTD Price Performance: 0.51%
Average Trading Volume: 111,096
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.25B