AZZ AZZ INC

Last updated: Mar 16, 2026

🐂

Execution Consistency

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 4/4 quarters. Q3 2023: $8M, Q2 2023: $15M, Q1 2023: $6M, Q3 2022: $25M

🐻

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $8M vs trailing avg $15M (-50%)

—

What percentage of free cash flow is going to buybacks? Bull: 30-80%. Bear: <10% or >80%.

Negative FCF ($-108M), cannot compute buyback ratio

🐂

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 301,416 shares = 2.0% of 29,913,000 outstanding (annualized)

🐂

Are officers and directors buying stock with their own money on the open market?

9 open-market purchases by 7 insiders

Russell Kurt L. (COO - Precoat Metals) bought 622 shares at $34.17 on 2024-06-30
Mackey Tara D (Chief Legal Officer) bought 469 shares at $34.17 on 2024-06-30
Crawford Jason (Chief Financial Officer) bought 622 shares at $34.17 on 2024-06-30
FERGUSON THOMAS E (President and CEO) bought 622 shares at $34.17 on 2024-06-30
Moseley Tiffany (Chief Accounting Officer) bought 420 shares at $36.94 on 2024-06-30
Lavelle Ken (President & GM - Electrical) bought 2,000 shares at $34.68 on 2022-10-17
Russell Kurt L. (COO - Precoat Metals) bought 3,000 shares at $34.89 on 2022-10-14
Schlom Philip A (SVP, Chief Financial Officer) bought 3,000 shares at $34.99 on 2022-10-14
FERGUSON THOMAS E (President and CEO) bought 5,000 shares at $42.49 on 2022-08-10

🐻

Are insider purchases happening during the same quarters the company is actively buying back stock?

Insider buying coincided with company buybacks in 0 of 4 quarters

🐻

Looking at all open-market transactions, are insiders net buyers or net sellers?

Insiders bought $1M, sold $16M (net selling)

🚩

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 27.6x more than bought. 5 C-suite officers among sellers