Home Stock Market Embecta Corp. SVP Elguicze purchases $93,360 in common stock By Investing.com
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Embecta Corp. SVP Elguicze purchases $93,360 in common stock By Investing.com

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Jacob Elguicze, Senior Vice President and Chief Financial Officer of Embecta Corp. (), recently purchased shares of the company’s common stock.

According to a Form 4 filing with the Securities and Exchange Commission, Mr. Elguicze acquired 20,000 shares of common stock on August 12, 2026. The shares were purchased at a price of $4.668 per share, totaling $93,360. The timing of this purchase is notable as the stock has declined 49% over the past six months, though it has rebounded 16% in the last week. The company currently trades at a P/E ratio of just 2.35.

Following this transaction, Mr. Elguicze directly beneficially owns 309,138.604 shares of Embecta Corp. common stock. The filing was signed by Jeffrey Z. Mann, by Power of Attorney from Jacob Elguicze, on August 13, 2026.According to InvestingPro analysis, EMBC appears undervalued at current levels, with the platform’s Fair Value suggesting upside potential from the CFO’s purchase price.

In other recent news, Embecta Corp. reported fiscal third-quarter 2026 adjusted earnings of $0.56 per share on revenue of $271.7 million, surpassing Wall Street expectations. Analysts had projected earnings of $0.27 per share and revenue of $254.22 million. The company also raised its full-year adjusted operating margin and earnings guidance, despite a decline in revenue compared to the previous year and ongoing pressure in its U.S. business. Embecta’s adjusted earnings per share exceeded forecasts by $0.29, a 107.41% surprise, while revenue was 6.88% above estimates. Management noted progress from the Owen Mumford acquisition and efforts to expand into auto-injectors and GLP-1-related opportunities. Additionally, Embecta improved its adjusted gross profit, operating income, and earnings from the second quarter, aided by cost controls and contributions from Owen Mumford. The company’s full-year adjusted operating margin outlook was increased to 23.5% to 24% from the previous 22.25% to 23.25%. These recent developments reflect Embecta’s strategic initiatives and financial performance improvements.

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