Jennifer Kong-Picarello, an insider at Terex Corp (TEX), has acquired 65,177 shares of the company at a price of $46.27 per share, resulting in a total transaction value of $3.02 million. This purchase took place on November 5, 2025.
Following this transaction, Kong-Picarello holds a total of 65,177 shares in Terex Corp. The move underscores a commitment to the company, which operates in the machinery sector and is headquartered in Norwalk, Connecticut. Terex specializes in manufacturing industrial equipment, including materials processing machinery and waste recycling solutions, and employs approximately 11,400 individuals.
As of November 8, 2025, Terex Corp has a market capitalization of $3.0 billion, with a price-to-earnings ratio of 19.09 and an earnings per share figure of 2.36. The company also boasts a dividend yield of 147.1%. Upcoming earnings are scheduled for July 28, 2026, with an estimated EPS of $1.69 and revenue of $1.6 billion.
Insider transactions must be reported to the SEC, providing transparency regarding how executives and board members perceive their stock. While such buying activity may be viewed as a positive indicator, it is essential for investors to consider broader patterns of insider activity, rather than isolated transactions, when evaluating potential signals.