Sturm Ruger VP sells $25,170 in common stock
Sturm Ruger VP sells $25,170 in common stock
Michael W. Wilson, VP of New Product Development at Sturm Ruger & Co Inc (NYSE:RGR), sold 600 shares of the company’s common stock for a total value of $25,170. The shares were sold at a price of $41.95 each.
The transaction, dated September 24, 2026, leaves Mr. Wilson with 628 shares of common stock directly owned in the company. The stock has since risen to $45.46, representing a strong year-to-date gain of approximately 41%, according to InvestingPro data. The sale was executed automatically under a Rule 10b5-1 trading plan, which Mr. Wilson adopted on May 18, 2026. InvestingPro Tips highlight that RGR has maintained dividend payments for 18 consecutive years, with 11 additional exclusive tips available to subscribers.
In other recent news, Sturm, Ruger & Company reported impressive second-quarter 2026 earnings, surpassing Wall Street expectations. The company achieved adjusted earnings of $0.52 per share, exceeding the projected $0.46, while revenue reached $158.05 million, significantly above the $132.52 million forecast. This represents a 19% increase in sales compared to the previous year, with an adjusted EBITDA margin expansion to 10.5%. In a separate development, Beretta Holding plans to increase its stake in Sturm Ruger to 25% from approximately 10%, as reported by Italian newspaper Il Sole 24 Ore. This move would allow Beretta to appoint two members to Sturm Ruger’s board of directors. These recent developments highlight the ongoing changes and strategic moves involving Sturm, Ruger & Company.
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