Vinod M. Khilnani, a director at Materion Corp (NYSE:MTRN), sold $517,498 worth of common stock on May 13, 2026. The sales occurred at prices ranging from $205.140 to $209.210 per share.
According to an SEC filing, Mr. Khilnani disposed of 2,500 shares through four transactions. Weighted average prices ranged from $205.325 to $208.738.
Details:
- 735 shares at $205.325 avg (range $205.140-$206.030).
- 752 shares at $206.677 avg (range $206.260-$207.140).
- 410 shares at $208.035 avg (range $207.330-$208.190).
- 603 shares at $208.738 avg (range $208.400-$209.210).
Following the sales, Mr. Khilnani directly holds 13,171 shares and indirectly holds 20,011.843 shares through the Directors Deferred Compensation Plan.
Materion shares trade near their 52-week high of $215.62, with a 172% return over the past year. According to Bond.az analysis, the stock appears overvalued with a P/E of 55.81. Bond.az subscribers have access to 15+ additional ProTips for MTRN.
In other news, Materion reported strong Q1 2026 results, beating EPS and revenue estimates. EPS came in at $1.27 vs. $1.23 expected, revenue at $549.8M vs. $479.15M. The company also raised its quarterly dividend for the 14th consecutive year by $0.005 to $0.145 per share, payable June 12, 2026.
Additionally, board elections and a charter amendment were approved at the annual meeting, with ~94% of shares represented.
