Gary Convis Acquires 40,000 Shares of Sypris Solutions

Gary Convis made a significant move by purchasing 40,000 shares of Sypris Solutions, Inc. (NasdaqGM: SYPR) on June 17, 2026. The shares were acquired with no specific transaction price mentioned, but they were trading around $2.44 at the time.

Other Institutional Activity in Sypris Solutions

Several institutional investors have also been adjusting their positions in Sypris Solutions. Williams & Novak, LLC reduced its holdings by 89,005 shares, ending with 2,133,301 shares valued at about $6.25 million. Similarly, Renaissance Technologies LLC cut its stake by 32,565 shares, bringing its total to 646,656 shares worth approximately $1.84 million. In contrast, Vanguard Capital Management LLC added 516,698 shares, now holding shares valued at about $1.47 million. Marex Group PLC and SEI Investments Co also increased their positions, with Marex ending up with 259,789 shares and SEI with 177,032 shares. Meanwhile, Geode Capital Management, LLC increased its holdings by 8,636 shares, totaling 156,567 shares worth around $446,312.

Sypris Solutions Stock Snapshot

Shares of Sypris Solutions are trading near $2.44. The company has a market cap of about $56.1 million and a beta of 0.835, indicating lower volatility compared to the market. Over the past year, the stock has ranged from a low of $1.79 to a high of $4.74. The 50-day moving average is $3.21, while the 200-day moving average stands at $2.76. The company's current ratio is 1.198, with a quick ratio of 0.278, and its debt-to-equity ratio is notably high at 195.838.

Recent Earnings

Sypris Solutions reported revenue of $116.19 million, although it faced a revenue decline of 12.5%. The company is not currently profitable, with a net margin of -8.23% and a return on equity of -58.29%. The next earnings report is expected on August 12, 2026.

Insider Buying and Selling at Sypris Solutions, Inc.

On June 17, 2026, several insiders, including Gary Convis, William Ferko, William Healey, Robert Sroka, Scott Gill, and Rebecca Eckert, were active in the market. Each bought 40,000 shares, except for Rebecca Eckert, who sold 3,534 shares on April 1, 2026, at an average price of $2.93.

About Sypris Solutions

Sypris Solutions, Inc., headquartered in Louisville, Kentucky, operates in the consumer cyclical sector, specifically within the auto parts industry. The company provides a range of products, including truck components, oil and gas pipeline components, and aerospace and defense electronics. Sypris operates through two segments: Sypris Technologies and Sypris Electronics, catering to various markets such as automotive, industrial, and aerospace. The company is led by CEO Jeffrey T. Gill and employs around 548 people.

Bottom Line

Gary Convis's purchase of 40,000 shares of Sypris Solutions is a notable event, reflecting potential confidence in the company's future. While the company is currently facing challenges with profitability and revenue growth, its diversified operations in critical industries make it a stock to watch. As always, 13F and insider filings are backward-looking and may not represent current positions or sentiments.