Terex (TEX) Insider David Sachs Buys $270K of Stock
David Sachs bought shares of Terex Corporation, joining other insiders in recent purchases.
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David Sachs bought 3,760 shares of Terex Corporation ($TEX) at an average price of $71.81, worth about $270,005.60, on June 26, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $TEX is down 3.1% after 1 week, down 3.8% after 1 month and down 28.8% to date (from the $71.63 close on Jun 26, 2026).
TEX
Terex Corporation
Key Points
- On June 26, 2026, David Sachs bought 3,760 shares of Terex Corporation, valued at approximately $270,006, at a price of $71.81 each.
- Terex Corporation's stock closed at $72.39 on the day of the transaction, reflecting a strong position well above its 52-week low of $41.70.
- Insider activity is notable, with multiple executives buying shares on the same day, including Maureen Oconnell and Kathleen Steele.
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David Sachs Joins Other Insiders in Buying Shares
On June 26, 2026, David Sachs bought 3,760 shares of Terex Corporation (NYSE: TEX) for about $270,006. The shares were purchased at $71.81 each. This move comes as part of a broader trend of insider buying at the company.
Insider Buying and Selling at Terex Corporation
Sachs's purchase aligns with several other insiders who also bought shares on the same day. Maureen Oconnell acquired 1,880 shares, valued at $135,002.80, while Kathleen Steele purchased 3,760 shares for the same price as Sachs. Other insiders like David Dauch and Oluseun Salami also made significant purchases, indicating strong insider confidence in the company’s future.
Stock Performance and Market Context
Terex's stock closed at $72.39 on June 26, 2026. This price is near its 52-week high of $74.69, suggesting the stock has performed well recently. The strong insider buying at these levels may signal a positive outlook for the company, especially as it operates in the industrial equipment sector, which has seen steady demand.
What Terex Corporation Does
Terex Corporation manufactures a range of industrial equipment, including machinery for construction, recycling, and waste management. The company has a solid market presence, which is reflected in its recent revenue of about $6.68 billion and a net margin of 2.23%.
What’s Next for Terex Corporation
Looking ahead, investors will be watching for Terex's next earnings report scheduled for October 29, 2026. The recent insider buying suggests that executives believe in the company’s growth potential. As always, keep in mind that these transactions reflect past actions and may not represent current positions.
Related Filing Alerts
Source: David Sachs's Form 4 filing on $TEX (Jun 26, 2026). Find the original filing: TEX Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts