J. Michael Nauman, a director at Matthews International Corp (NASDAQ: MATW), acquired 1,900 shares of Class A common stock at $21.96 per share on August 20, 2026, for a total transaction value of $41,724. The purchase was documented in a filing under a Power of Attorney dated August 26, 2025, and previously reported on March 13, 2026. Nauman’s direct holdings in the company now total 9,081 shares.
The transaction follows a 7.5% weekly decline in Matthews International’s stock price, which has fallen to $21.96 from a 52-week low of $21.17. The company’s dividend yield stands at 4.8%.
Matthews International reported fiscal third-quarter 2026 results that missed analyst expectations, with adjusted earnings per share of $0.06, well below the $0.38 forecast. Revenue totaled $246 million, down from $349 million in the prior-year period and below the $272.5 million estimate. The company attributed the decline to divestitures, weak demand in its engineering segment, and elevated costs.
Truist Securities maintains a Hold rating on the stock with a $24 price target. Analysts noted potential catalysts for reducing leverage and unlocking earnings growth but expressed concerns about timing. They also indicated that the current valuation does not assign value to the Industrial Technologies segment.
