New insider activity at Westinghouse Air Brake Technologies ( (WAB) ) has taken place on April 4, 2025.
President & CEO Rafael Santana has recently sold 886 shares of Westinghouse Air Brake Technologies stock, amounting to a total transaction value of $163,965.
Recent Updates on WAB stock
Westinghouse Air Brake Technologies (Wabtec) has entered into a definitive agreement to acquire Dellner Couplers for $960 million in cash, financed through cash on hand and short-term debt. This acquisition is expected to bring complementary technologies to Wabtec, positioning the company for accelerated and profitable growth. The transaction is anticipated to provide immediate shareholder value with accretive growth in Adjusted EBIT margins, Adjusted EPS, and return on invested capital. Dellner Couplers is projected to generate approximately $250 million in revenue by 2025, with growth surpassing Wabtec’s average over the next five years. The acquisition reflects a multiple of 12.5x projected 2025 EBITDA, adjusted for transaction costs and expected cost synergies of $22 million over three years. The transaction is subject to customary closing conditions and regulatory approvals.
More about Westinghouse Air Brake Technologies
YTD Price Performance: -1.81%
Average Trading Volume: 1,163,950
Technical Sentiment Signal: Strong Sell
Current Market Cap: $31.38B