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Insider Trading

Top Exec Sells Over $650k in Air Products and Chemicals Stock!

Top Exec Sells Over $650k in Air Products and Chemicals Stock!

New insider activity at Air Products and Chemicals ( (APD) ) has taken place on February 15, 2025.

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Brian Galovich, the Executive Vice President and Chief Information Officer of Air Products and Chemicals, has recently sold 2,089 shares of the company’s stock. This transaction has a total value of $659,685, marking a significant move in the company’s insider activities.

Recent Updates on APD stock

In the latest financial updates, Air Products and Chemicals, Inc. reported a strong Q1 2025 performance, with adjusted earnings per share (EPS) of $2.86 surpassing expectations. This was driven by robust performance in the Americas, despite challenges such as a 2% decline in overall volume due to LNG business divestment and regional weaknesses in Europe and India. Analysts have responded by adjusting their price targets for the stock. BMO Capital downgraded the stock to Market Perform, citing the company’s weak fiscal Q1 and modest Q2 outlook, making it unlikely to meet FY25 guidance. JPMorgan also downgraded it to Neutral, pointing out risks from flattening industrial gas prices and negative currency effects. Conversely, Wells Fargo raised its price target, expressing confidence in new CEO Eduardo Menezes’ strategy for growth and capital returns, despite weak industrial demand. Overall, while Air Products shows positive financial metrics, market analysts remain cautious due to industry and regional challenges.

More about Air Products and Chemicals

YTD Price Performance: 9.33%

Average Trading Volume: 1,518,768

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $70.12B

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