Tennant Co Insider Sells 4,042 Shares

Richard Zay, Chief Commercial Officer of Tennant Co, sold 4,042 shares of the company on August 19, 2025. Following this transaction, Zay owns 20,998 shares of Tennant Co. This sale is part of a larger trend of insider selling, with Zay selling a total of 11,095 shares over the past year. Despite this, shares of Tennant Co were trading at $83.21, with a market cap of $1.491 billion and a price-earnings ratio of 25.15. The company's GF Value is $85.10, resulting in a price-to-GF-Value ratio of 0.98, indicating that the stock is fairly valued.

On August 19, 2025, Richard Zay, Chief Commercial Officer of Tennant Co (TNC), sold 4,042 shares of the company, according to a recent SEC filing. This transaction follows a trend of insider selling, with Zay having sold a total of 11,095 shares over the past year. Despite this, shares of Tennant Co were trading at $83.21, with a market capitalization of $1.491 billion and a price-earnings ratio of 25.15. The company's GF Value is $85.10, resulting in a price-to-GF-Value ratio of 0.98, indicating that the stock is fairly valued.

Tennant Co's recent Q2 earnings call highlighted a mixed but generally positive outlook, with strong order growth and successful new product launches counterbalancing challenges such as a decline in organic sales and reduced net income. The company reported a 4% increase in order rates, particularly strong in the Americas, and successful launches of the X6 ROVR midsized robotic scrubber and the Z50 Citadel Outdoor Sweeper. Despite a 4.5% decline in organic sales and a decrease in gross margin due to product mix shifts and inflationary pressures, Tennant remains optimistic about meeting its full-year guidance. The company’s pricing initiatives and strong cash flow position, with a net leverage of 0.66x adjusted EBITDA, provide flexibility for growth. However, ongoing tariff-related pressures and macroeconomic uncertainties pose challenges. Tennant reaffirmed its full-year guidance, projecting net sales between $1.210 billion and $1.250 billion, supported by strategic supply-chain optimization and pricing initiatives [1].

Spark, TipRanks’ AI Analyst, rates TNC as Neutral. The stock score is driven by stable financial performance and a positive earnings call outlook. Technical indicators suggest a moderately bullish trend, while valuation remains a concern due to a high P/E ratio. The company’s ability to maintain order growth and introduce successful new products supports its future prospects [1].

References:
[1] https://www.tipranks.com/news/insider-trading/top-executive-sells-significant-shares-in-tennant-co-insider-trading
[2] https://www.benzinga.com/insights/news/25/08/47284726/chief-commercial-officer-of-tennant-sold-336k-in-stock