low
Sell
3,250 shares
$595,091
Significance
4/10
CFO Timothy Lain sold 3,250 shares of CRS at $183.10 on 2024-11-20; retains 95,037 shares.
Timothy Lain, SVP and CFO of Carpenter Technology, sold 3,250 shares at $183.10, representing a -3.3% reduction in his pre-transaction holdings. The sale occurred near the 52-week high of $184.50, with the stock currently trading at $180.71 after a robust 30-day gain of +15.9% and 90-day gain of +24.8%. The company fundamentals show recent strength with net income of $84,800,000 on quarterly revenue of $717,600,000 and annual revenue growth of +8.2%, though the P/E ratio of 39.63 reflects elevated valuation. The transaction represents a modest portfolio adjustment by the CFO while retaining substantial equity ownership of 95,037 shares.