Insider Selling: L.B. Foster (NASDAQ:FSTR) Major Shareholder Sells 2,716 Shares of Stock

L.B. Foster Company (NASDAQ:FSTR - Get Free Report) major shareholder Aron English sold 2,716 shares of L.B. Foster stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $28.09, for a total transaction of $76,292.44. Following the completion of the sale, the insider owned 1,078,903 shares of the company's stock, valued at $30,306,385.27. This trade represents a 0.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own 10% or more of a company's stock are required to disclose their transactions with the SEC.

L.B. Foster Stock Down 0.0%

NASDAQ:FSTR opened at $28.04 on Thursday. The company has a current ratio of 1.87, a quick ratio of 1.15 and a debt-to-equity ratio of 0.24. L.B. Foster Company has a twelve month low of $17.16 and a twelve month high of $32.63. The company has a market cap of $289.09 million, a PE ratio of 40.64 and a beta of 0.99. The company's 50 day moving average is $29.90 and its two-hundred day moving average is $28.13.

L.B. Foster (NASDAQ:FSTR - Get Free Report) last posted its quarterly earnings data on Tuesday, March 3rd. The basic materials company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.44). The company had revenue of $160.37 million for the quarter, compared to analyst estimates of $158.83 million. L.B. Foster had a return on equity of 4.32% and a net margin of 1.40%. Analysts anticipate that L.B. Foster Company will post 1.16 EPS for the current year.

L.B. Foster News Summary

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Here are the key news stories impacting L.B. Foster this week:

• Positive Sentiment: Company posted its highest Q4 sales since 2018 and signaled growth prospects, which supports revenue momentum and long-term outlook. Article Title
• Neutral Sentiment: Multiple short-interest reports for late March contain inconsistent/zero values (likely reporting anomalies). Investors should treat the zero-share entries as data noise until exchanges reconcile filings.
• Negative Sentiment: Major shareholder Aron R. English sold a sizeable block of FSTR across Mar 23–25 (about 107,000 shares total), generating roughly $3.04M in proceeds; such concentrated insider selling can pressure sentiment and share price. Related SEC filing: SEC Filing
• Negative Sentiment: Earlier short-interest data (as of Mar 13) showed 171,936 shares shorted (≈1.8% of shares) with a days-to-cover ~6.2 — a meaningful increase from late February that can amplify downside on negative news or add volatility.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on FSTR. Wall Street Zen downgraded L.B. Foster from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 7th. Zacks Research cut L.B. Foster from a "hold" rating to a "strong sell" rating in a research note on Wednesday, March 4th. B. Riley Financial lifted their target price on L.B. Foster from $27.00 to $32.00 and gave the stock a "neutral" rating in a report on Wednesday, March 4th. Finally, Weiss Ratings reiterated a "hold (c-)" rating on shares of L.B. Foster in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $32.00.

Get Our Latest Report on L.B. Foster

Institutional Investors Weigh In On L.B. Foster

Several hedge funds have recently added to or reduced their stakes in the business. Brandes Investment Partners LP grew its position in L.B. Foster by 1.5% during the 4th quarter. Brandes Investment Partners LP now owns 1,360,415 shares of the basic materials company's stock worth $36,663,000 after purchasing an additional 20,371 shares during the period. Gamco Investors INC. ET AL lifted its holdings in shares of L.B. Foster by 2.0% in the 2nd quarter. Gamco Investors INC. ET AL now owns 950,272 shares of the basic materials company's stock valued at $20,782,000 after buying an additional 18,272 shares during the period. Geode Capital Management LLC boosted its stake in shares of L.B. Foster by 7.4% in the second quarter. Geode Capital Management LLC now owns 238,041 shares of the basic materials company's stock worth $5,207,000 after buying an additional 16,320 shares during the last quarter. State Street Corp boosted its stake in shares of L.B. Foster by 2.4% in the fourth quarter. State Street Corp now owns 145,647 shares of the basic materials company's stock worth $3,925,000 after buying an additional 3,349 shares during the last quarter. Finally, Teton Advisors LLC acquired a new stake in L.B. Foster during the third quarter worth about $3,767,000. 80.63% of the stock is owned by hedge funds and other institutional investors.

L.B. Foster Company Profile

(Get Free Report)

L.B. Foster Company is a diversified infrastructure solutions provider offering products and services to the transportation, energy, and construction markets. Founded in 1902 and headquartered in Pittsburgh, Pennsylvania, the company has built a reputation for delivering specialty materials and engineering solutions that support critical infrastructure projects across various industries.

The company's operations are organized into three primary segments: Rail Products & Services, Construction Products, and Tubular & Energy Products.

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