Insider Buys 1,650 Shares at $152.35, Alps Advisors Raises Stake 85.9%
Executive VP Wrocklage Robert purchased 1,650 shares at $152.35, raising his holdings to 19,541 shares, while Alps Advisors boosted its stake 85.9% to 82,568 shares valued at $14.7 million. Q4 net sales rose 7.6% to $220.7 million and full-year sales climbed 11% to $916.7 million despite an 11% stock decline.
1. Insider Buying Signals Executive Confidence
On February 9, 2026, Executive Vice President Wrocklage Robert purchased 1,650 shares at $152.35, bringing his total holdings to 19,541 shares and underscoring his confidence in the company’s future prospects.
2. Institutional Investors Expand Stakes
Alps Advisors increased its BMI holdings by 85.9% to 82,568 shares valued at $14.7 million, while Bridges Investment Management and Cullen Frost Bankers raised their positions by 37% and 170.5%, respectively, reflecting growing institutional interest.
3. Robust Sales Growth vs. Stock Decline
The company reported a 7.6% increase in Q4 net sales to $220.7 million and an 11% rise in full-year sales to $916.7 million, driven by strong demand for smart water solutions and AMI projects, even as the stock fell 11%.