Worthington Enterprises (WOR) CEO Joseph Hayek Buys 33,740 Shares

Insider Buying and Selling at Worthington Enterprises, Inc.

Joseph Hayek, the President and CEO of Worthington Enterprises, Inc. (NYSE: WOR), bought 33,740 shares on June 25, 2026. The purchase is valued at about $1.81 million based on the current share price of $53.77. This move marks a significant investment in the company, especially following a series of insider sales by other executives in recent days.

Recent Insider Sales

Hayek's purchase comes amid several insider sales at Worthington. On June 29, 2026, Steven Caravati, President of Consumer Products, sold 185 shares valued at approximately $9,947. The same day, Patrick Kennedy, the VP-General Counsel, sold 741 shares worth about $39,844. The following day, Kennedy sold an additional 1,545 shares for roughly $83,059. On June 30, Hayek himself sold 4,633 shares valued at $249,070. Other insiders, including James Bowes and Colin Souza, also sold shares during this period, indicating a mix of buying and selling activity within the company.

Stock Performance Context

Currently, Worthington shares are trading at $53.77, which is below its previous close of $57.38. The stock has experienced a 52-week range from $45.01 to $63.13, suggesting it is currently closer to its lower end. This buying action from Hayek could signal confidence in the company's potential rebound, especially as it trades below its 50-day moving average of $57.24.

Analysts Set New Price Targets

Analysts have a generally positive outlook on Worthington. On June 25, 2026, Canaccord Genuity maintained a 'Buy' rating with a price target of $67.00, slightly down from a previous target of $69.00. They reiterated this stance on September 24, 2026, raising the target to $75.00. With a consensus price target of $65.60, analysts see potential upside in the stock, reflecting confidence in Worthington's growth prospects.

What Worthington Enterprises, Inc. Does

Worthington Enterprises, Inc. is an industrial manufacturing company based in Columbus, Ohio. It operates through two segments: Consumer Products and Building Products. The company offers a wide range of products, from tools and outdoor living items to pressurized containment solutions for various applications. Hayek's recent purchase suggests he believes in the company's ongoing success and value.

What's Ahead for Worthington Enterprises, Inc.

Investors will be watching for Worthington's next earnings report scheduled for September 22, 2026. This will provide further insights into the company's financial health and performance. The recent insider buying and selling activity reflects a dynamic situation at Worthington, and the upcoming earnings could clarify the company's trajectory. As a reminder, the 13F filing reflects positions as of the reporting period and may not represent the current holdings of insiders.