On June 9, 2026, Gary A. Ogilby, serving as Senior Vice President and Corporate Controller at Curtiss-Wright Corporation (NYSE: CW), executed a sale of 399 shares of the company's common stock. The transaction yielded total proceeds of $288,058. The shares were sold at prices ranging between $705.34 and $736.99 per share, resulting in an average execution price of $721.95.
The sale was carried out in accordance with a 10b5-1 trading plan that Ogilby adopted on March 10, 2026. The transaction also complied with Curtiss-Wright's established share ownership guidelines. After the completion of these sales, Ogilby's direct holdings in Curtiss-Wright common stock stood at 2,172 shares.
This insider activity occurs as Curtiss-Wright shares trade near the $719 mark. Over the past year, the stock has delivered a significant 61% return. The company currently holds a market capitalization of $26.7 billion. However, analysis from InvestingPro indicates that the stock may be overvalued relative to its Fair Value, placing it on a list of companies considered Most Overvalued. The stock currently trades at a price-to-earnings (P/E) ratio of 53.2.
Financially, Curtiss-Wright reported first-quarter 2026 earnings that surpassed market expectations. The company reported earnings per share (EPS) of $3.48, exceeding the forecasted $3.28. Revenue also beat projections, reaching $914 million compared to the anticipated $864.31 million.
In parallel with these earnings results, Curtiss-Wright entered into a new credit agreement with nine banks. This agreement expands the company's revolving credit facility to $1 billion. The new facility includes an accordion feature that allows for an extension of up to $500 million. The facility carries a five-year term and is scheduled to mature in May 2031. This new arrangement replaced the previous credit facility, which was originally set to expire in May 2027.
Curtiss-Wright shares are currently trading at $719.02, reflecting a decline of $14.55 or 1.98% from the previous close. After-hours trading shows the stock at $715.18, down $3.84 or 0.53%.