New York, Feb 11, 2026, 13:59 EST — Regular session
- ABM Industries shares were little changed in midday trade after a COO stock-sale filing hit EDGAR
- Jacobsen sold 9,339 shares at a weighted average $47.2281, SEC filing showed
- Investors now look to next quarter’s results for any update on margins and recent deal integration
ABM Industries Incorporated shares were barely higher on Wednesday after a regulatory filing showed the company’s chief operating officer sold stock earlier this week. (SEC)
The shares were up less than 0.1% at $47.21 by early afternoon in New York, with about 100,000 shares traded. ABM closed at $47.20 on Tuesday.
Insider transactions can draw outsized attention in smaller, slower-moving names because they offer one of the few near-term datapoints for investors trying to read management sentiment.
This one may cut both ways. The filing said the sale was done under a Rule 10b5-1 plan — a pre-set trading program that allows executives to schedule sales in advance, reducing the scope for spur-of-the-moment signals. (SEC)
Rene Jacobsen, ABM’s executive vice president and chief operating officer, sold 9,339 shares on Feb. 9 at a weighted average price of $47.2281, leaving him with 41,626 shares held directly, the filing showed. The sales were executed at prices ranging from $46.895 to $47.415, it said. (SEC)
ABM has been pitching growth in technical services tied to semiconductor facilities after closing its WGNSTAR acquisition earlier this month. “This acquisition expands our technical capabilities in the world’s most sophisticated semiconductor fabrication environments,” Chief Executive Scott Salmirs said in a deal update. (FMJ)
The broader market was also muted. The SPDR S&P 500 ETF was up less than 0.1%, while Cintas and Aramark shares climbed, giving ABM little sector help — or pressure — on the tape.
ABM’s next big test is earnings. When the company last issued an outlook, Salmirs said ABM expected fiscal 2026 adjusted profit per share “to be in the range of $3.85 to $4.15.” (GlobeNewswire)
But filings like this can still unsettle investors if they start to pile up, especially ahead of results. For a labor-heavy services business, a small miss on costs or contract timing can show up quickly in margins.
Wall Street’s calendar now points to ABM’s next quarterly report around March 11, according to Zacks. That’s when investors will look for any change to the outlook and a clearer read on the pace of integration work. (Zacks)
