David Sachs Buys Shares of Terex Corporation
Insider David Sachs acquired 3,760 shares of Terex Corporation, investing $270,005.60.
Key Points
- Insider David Sachs purchased 3,760 shares of Terex Corporation at $71.81 per share on June 26, 2026.
- Terex Corporation, with a market cap of $8.2 billion, trades near its 52-week high of $74.69.
- FMR LLC increased its Terex holdings by 8,042,953 shares, now holding 17,053,480 shares valued at $1.01 billion.
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On June 26, 2026, insider David Sachs purchased 3,760 shares of Terex Corporation (NYSE:TEX) at an average price of $71.81 per share. This transaction, not made under a pre-planned trading program, amounted to a total investment of $270,005.60.
Insider Buying and Selling at Terex Corporation
David Sachs was not the only insider buying shares. On the same day, Sandra O'Connor and Oluseun Salami each bought 3,760 shares at the same price. Paula Cholmondeley acquired 1,128 shares, while Kathleen Steele and David Dauch purchased 3,760 and 1,467 shares, respectively, all at $71.81 per share.
Other Institutional Activity in Terex Corporation
FMR LLC increased its stake in Terex Corporation significantly, adding 8,042,953 shares to reach a total of 17,053,480 shares valued at approximately $1.01 billion. BlackRock, Inc. also boosted its holdings by 5,632,024 shares, bringing its total to 14,034,517 shares worth about $829.4 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both opened new positions, acquiring 5,812,653 and 5,085,548 shares, respectively. Dimensional Fund Advisors LP added 1,008,444 shares, increasing its holdings to 4,442,435 shares valued at $262.5 million. State Street Corp grew its stake by 1,720,646 shares, ending with 4,117,381 shares valued at $243.3 million.
Terex Corporation Stock Up 13.6%
As of Tuesday, shares of Terex Corporation traded near $73.57. The company has a market capitalization of $8.2 billion and a P/E ratio of 35.03. Its forward P/E is more attractive at 12.37, indicating expectations for stronger future earnings. The stock's 52-week range is between $41.70 and $74.69. Terex's 50-day moving average is $62.34, and its 200-day moving average is $57.62. The company maintains a current ratio of 1.84 and a quick ratio of 0.79, with a debt-to-equity ratio of 57.01.
$TEX stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Terex Corporation reported revenue of $5.93 billion, reflecting a growth rate of 41.1%. The company's net margin stands at 1.87%, and its return on equity is 3.21%. Earnings per share (EPS) were $2.05. The next earnings report is expected on July 30, 2026.
Dividend
Terex Corporation offers an annual dividend rate of $0.68, yielding 0.95%. The dividend payout ratio is 33.17%.
Analysts Set New Price Targets
On April 10, 2026, JP Morgan maintained a hold rating on Terex with a price target of $60. Barclays reinstated its buy rating with a $65 target on April 1, 2026. Citigroup upgraded the stock to a buy with a $75 target on March 9, 2026. The consensus recommendation is a buy, with an average target price of $76.46 based on 12 analyst opinions.
About Terex Corporation
Terex Corporation, headquartered in Norwalk, Connecticut, is a global manufacturer of industrial equipment. It operates in the farm and heavy construction machinery sector, providing materials processing machinery, waste and recycling solutions, and mobile elevating work platforms. The company serves a variety of sectors, including construction, infrastructure, and recycling, with brands like Terex, Powerscreen, and Genie. Led by CEO Mr. Simon A. Meester, Terex employs approximately 10,700 people worldwide.
Bottom Line
Insider buying activity at Terex Corporation suggests confidence among company leaders. While insider purchases don't guarantee future performance, they can be a positive signal for investors. Terex's strong revenue growth and attractive forward P/E ratio make it a company to watch. As always, remember that insider transactions are disclosed after the fact and may not reflect current positions.
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