Kirby Corp CIO Sells $478K KEX Stock! Is This a RED FLAG Despite 5-Year Growth?
Could a top executive selling over half his company shares be a warning sign, even as the company thrives? Kirby Corporation's Chief Investment Officer, Scott P. Miller, recently sold 3,960 shares of KEX stock, valued at nearly $478,000, representing over 52% of his direct holdings. Interestingly, this significant insider transaction occurred as the company also elected a new board director. Despite Miller's major sale, Kirby Corporation, a leading marine transportation provider, boasts five consecutive years of annual growth and recently exceeded Q4 FY 2025 earnings estimates, highlighting its robust performance in a critical industrial sector. This juxtaposition of an executive divestment amidst strong company success sparks intriguing questions for investors. Discover more about what these insider moves mean for your portfolio by subscribing to our channel for continuous market updates.
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