Eugene Joseph Iii Lowe, President and CEO of SPX Technologies, Inc. (SPXC), recently sold a significant number of shares. On March 2, 2026, Lowe disposed of 29,830 shares at an average price of $225.23 per share, a transaction valued at approximately $6.72 million.
This sale comes as part of a series of transactions by Lowe on the same day, totaling over $9.3 million in sold shares across multiple trades. Additionally, other insiders, including Data J Randall, have made sales in recent months.
Insider sales can be influenced by various personal financial considerations, such as tax planning or portfolio diversification, and do not necessarily indicate a negative view of the company's future performance.