Fortive Corp CFO Okerstrom Buys 21,300 Shares at $47.03 per Share on August 1.

Fortive Corporation has announced that Mark D. Okerstrom, the company's Chief Financial Officer, has acquired 21,300 shares of the company's common stock at a price of $47.03 per share on August 1, 2025.

Fortive Corporation (NYSE: FTV) has recently seen an increase in institutional holdings and insider activity, reflecting the company's ongoing performance and strategic moves. On August 1, 2025, Mark D. Okerstrom, the company's Chief Financial Officer, acquired 21,300 shares of Fortive's common stock at a price of $47.03 per share [3].

This acquisition follows a period of significant institutional investment in Fortive. According to the company's latest 13F filing, several institutional investors have increased their stakes in Fortive during the first quarter of 2025. Notably, Bank of Nova Scotia lifted its holdings by 34.6%, Cambridge Investment Research Advisors Inc. by 11.1%, Drake & Associates LLC by 28.7%, Sumitomo Mitsui DS Asset Management Company Ltd by 13.1%, and Perpetual Ltd by 60.0% [1].

Additionally, insider activity has been notable. SVP Peter C. Underwood sold 14,327 shares, and CEO James A. Lico sold 175,000 shares, both within a short span in May 2025. These transactions reflect a significant reduction in their ownership stakes in the company [1].

The stock's recent performance has been mixed, with a 2.8% decline since the start of the year. Despite this, Fortive has maintained a market cap of $15.76 billion, a PE ratio of 20.99, and a beta of 1.08. The company's earnings per share for the quarter ending July 30, 2025, were $0.58, slightly below the consensus estimate of $0.60 [1].

Market analysts have provided varying opinions on Fortive's stock. While several analysts have downgraded their ratings, others maintain a hold rating. The consensus rating is "Hold" with a target price of $65.86 [1].

The acquisition of shares by CFO Okerstrom could be seen as a vote of confidence in Fortive's future prospects. However, investors should consider the broader market conditions and the company's recent performance when making investment decisions.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-bank-of-nova-scotia-acquires-63089-shares-of-fortive-corporation-nyseftv-2025-08-04/
[2] https://www.marketwatch.com/data-news/fortive-corp-stock-rises-monday-still-underperforms-market-d30a6084-3e195a628df6
[3] https://www.streetinsider.com/SEC+Filings/Form+4+Fortive+Corp+For%3A+Aug+01+Filed+by%3A+Okerstrom+Mark+D/25144887.html