Ampco-Pittsburgh surged 10.08% intraday trading following news that CEO Brett McBrayer, a 10% owner, purchased 19,000 shares for $48,944 at $2.576 per share on December 1, 2025. The insider buy, which increased his direct holdings to 448,631 shares, signaled confidence in the company’s prospects. This was reinforced by the firm’s recent financial performance: adjusted EPS improved to $0.04 from a $0.10 loss year-over-year, while net sales rose 12% to $108 million. The combination of strategic insider investment and stronger earnings likely drove the sharp intraday rally, reflecting positive sentiment toward the company’s operational and financial recovery.
Comments
No comments yet