Swann John William III, an insider at SPX Technologies Inc (SPXC), has purchased 94,380 shares of the company. The transaction, valued at $4.73 million, was executed at a price of $50.09 per share on November 18, 2025. Following this acquisition, Swann now holds a total of 94,380 shares in SPX Technologies.
SPX Technologies, headquartered in Charlotte, North Carolina, operates in the machinery industry, employing approximately 4,300 full-time staff. The company focuses on providing infrastructure equipment through its HVAC and Detection and Measurement segments. The HVAC segment designs and manufactures cooling products and air handling solutions for various markets, while the Detection and Measurement segment offers advanced technologies for underground locators and inspection systems.
As of November 20, 2025, SPX Technologies boasts a market capitalisation of $10.2 billion, with a price-to-earnings ratio of 45.55 and earnings per share of 4.68. Upcoming earnings reports are scheduled for April 29, 2026, with an estimated EPS of $1.63 and revenue of $561.4 million, followed by a report on July 29, 2026, projecting an EPS of $1.92 and revenue of $616.1 million.
Insider transactions, such as this purchase, are reported to the SEC, offering transparency into executives' perspectives on their company's performance. While insider buying may indicate confidence in the company's future, it is advisable for investors to consider such activities alongside broader market and company analyses.