Director William Wulfsohn bought 2,530 shares of MOD at $79.43, raising stake 53.3%; stock down 44.6% from 52-week high.
William Wulfsohn, a director of Modine Manufacturing, purchased 2,530 shares at $79.43 on March 3, 2025, increasing his holdings by 53.3% from 4,747 to 7,277 shares. The purchase follows a significant pullback in MOD's stock price: the current price of $79.37 is 44.6% below the 52-week high of $143.22, and the stock has declined 17.7% over the past 30 days and 42.3% over the past 90 days. While the company maintains solid fundamentals with $616.8M in quarterly revenue, $41.0M in net income, and a market cap of $4.2B, the substantial drop from recent highs and the director's material addition to his position occur in a context of depressed relative valuations. The transaction represents a discretionary open-market purchase and provides visibility into one insider's current view of the company's risk-reward profile at this price level.