Eric Ashleman Sells Modine Manufacturing Shares Worth $4.33M

Eric Ashleman, an insider at Modine Manufacturing Company, sold 15,000 shares of the company on June 16, 2026. The shares were sold at an average price of $288.55, totaling about $4.33 million. This transaction was not part of a pre-planned trading program.

Insider Buying and Selling at Modine Manufacturing Company

In addition to Ashleman's sale, several other insiders have recently sold shares of Modine Manufacturing. On June 1, 2026, Arthur Laszlo, President of Data Centers, sold 900 shares at an average price of $295.76. Eric McGinnis, President of Commercial HVAC, sold a total of 24,665 shares across multiple transactions at prices around $287.89 and $278.91. On May 31, 2026, Neil David Brinker, the President and CEO, sold 3,721 shares at $278.91.

Other Institutional Activity in Modine Manufacturing

Several institutional investors have adjusted their positions in Modine Manufacturing. BlackRock, Inc. increased its holdings by 92,131 shares, now owning 4,085,044 shares valued at approximately $885.27 million. Vanguard Portfolio Management LLC initiated a position with 2,363,670 shares worth about $512.23 million. Conversely, Price T Rowe Associates Inc. reduced its stake by 609,752 shares, leaving it with 1,723,422 shares valued at $373.48 million.

Modine Manufacturing Stock Snapshot

Shares of Modine Manufacturing, trading on the NYSE under the ticker MOD, were recently priced near $283.88. The company has a market capitalization of approximately $14.99 billion and a P/E ratio of 126.17. Modine's stock has seen a 52-week low of $86.48 and a high of $323.25. The 50-day moving average stands at $265.22, while the 200-day moving average is $190.90.

Analysts Set New Price Targets

Analysts are maintaining a positive outlook on Modine Manufacturing. On May 29, 2026, DA Davidson maintained its buy rating with a price target of $330. UBS and Oppenheimer also maintained buy ratings with targets of $355 and $325, respectively. The consensus among analysts is a strong buy, with a mean target price of $340.86 based on seven opinions.

About Modine Manufacturing Company

Modine Manufacturing Company, headquartered in Racine, Wisconsin, designs and manufactures thermal management solutions. The company serves various sectors, including automotive and data centers, with products ranging from heat exchangers to cooling systems. Under the leadership of CEO Neil D. Brinker, Modine operates in multiple countries and employs around 13,200 people.

Bottom Line

Eric Ashleman's recent sale of Modine Manufacturing shares highlights ongoing insider trading activity. Modine's stock performance and analyst ratings suggest a strong market position, with institutional investors actively managing their stakes. As always, remember that insider transactions are disclosed after the fact and may not reflect current positions.