Top Executive Sells Carpenter Technology Stock in a Major Transaction

New insider activity at Carpenter Technology ( (CRS) ) has taken place on May 6, 2025.

Elizabeth A. Socci, the Vice President, Controller, and Chief Accounting Officer of Carpenter Technology, has recently sold 5,000 shares of the company’s stock. This transaction amounted to a total value of $1,010,894.

Recent Updates on CRS stock

Carpenter Technology has recently experienced positive developments, leading to several price target increases by analysts. The company reported record-breaking earnings for its third quarter of fiscal year 2025, with operating income reaching $137.8 million, a 53% increase from the previous year. This strong performance was driven by significant growth in the aerospace and defense sectors, where sales rose by 12% sequentially. The Specialty Alloys Operations segment also saw a notable margin expansion. Despite challenges in the medical market and global tariff concerns, Carpenter Technology raised its fiscal year 2025 operating income guidance, reflecting confidence in its strategic management and market positioning. These factors contributed to analysts revising their price targets upwards, acknowledging the company’s robust financial performance and growth potential.

Spark’s Take on CRS Stock

According to Spark, TipRanks’ AI Analyst, CRS is a Outperform.

Carpenter Technology scores highly due to its strong financial performance, robust earnings report, and strategic corporate actions. While the stock’s valuation appears high, its positive market momentum and favorable corporate developments support a solid overall investment outlook.

To see Spark’s full report on CRS stock, click here.

More about Carpenter Technology

YTD Price Performance: 25.79%

Average Trading Volume: 931,610

Technical Sentiment Signal: Sell

Current Market Cap: $10.6B