TimkenSteel Corp EVP and CFO Sells 15,949 Shares

According to an SEC Filing on December 27, 2023, Kristopher Westbrooks, Executive Vice President and Chief Financial Officer at TimkenSteel Corp (NYSE: TMST), sold 15,949 shares of the company’s stock.

Over the past year, this insider has sold a total of 35,418 shares but has not engaged in any purchases of the company’s stock. Analysis of TimkenSteel Corp’s insider transaction history reveals six insider sales and no insider buys during the past year.

On the day of this recent insider sale, TimkenSteel Corp’s shares were trading at $24.1, with the company’s market capitalization standing at $1.030 billion. TimkenSteel Corp’s price-earnings ratio currently sits at 35.13, surpassing both the industry median of 13.02 and the company’s historical median price-earnings ratio.

TimkenSteel Corp specializes in manufacturing alloy steel, carbon, and micro-alloy steel.

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