New insider activity at EnerSys ( (ENS) ) has taken place on February 15, 2025.
EnerSys CEO David M. Shaffer recently made headlines with the sale of 15,662 shares of the company’s stock, totaling a significant $1,568,862. This transaction reflects a notable movement in the executive’s portfolio, capturing the attention of investors and market analysts alike.
Recent Updates on ENS stock
EnerSys recently released its Q3 earnings report, showcasing robust financial performance with a significant 5% year-over-year revenue increase, driven by strong product sales and successful strategic acquisitions like Bren-Tronics. The acquisition contributed positively to revenue and earnings growth, especially within the Specialty segment, which saw a 17% revenue boost. Despite these gains, EnerSys faced challenges such as foreign exchange headwinds and a slower-than-expected recovery in the U.S. communications sector, which impacted revenue expectations. The company’s earnings call revealed a cautious yet optimistic outlook, emphasizing improving order rates and demand trends in the U.S. Communications and Transportation sectors. EnerSys has adjusted its fiscal 2025 revenue outlook downward due to macroeconomic uncertainties and the impact of a significant customer disruption in the EMEA region. However, the company remains confident in its diversified portfolio to sustain growth, supported by ongoing margin expansion initiatives and positive market indicators.
More about EnerSys
YTD Price Performance: 10.85%
Average Trading Volume: 286,481
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $4.02B