A director of Matthews International Corp. purchased 1,900 shares of the company’s Class A common stock on August 20, 2026, at a price of $21.96 per share, totaling $41,724. The transaction was disclosed in a proxy filing dated August 26, 2025, and previously registered on March 13, 2026.
J. Michael Nauman, the director, now holds 9,081 shares directly. The stock has declined 7.5% over the past week and is trading near its 52-week low of $21.17. Matthews International reported adjusted earnings per share of $0.06 in the third quarter of fiscal 2026, well below Wall Street’s forecast of $0.38. Revenue for the quarter fell to $246 million from $349 million in the same period a year earlier, missing the projected $272.5 million.
The company attributed the revenue decline to divestments, weak engineering demand, and higher costs. Matthews International maintains a dividend yield of 4.8%. Truist Securities, which has a Hold rating on the stock, has set a price target of $24.00.
