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Insider Trading April 16, 2026 09:21 AM

Nordson Director Disposes of $67,098 in Shares as Company Posts In-line Q1 Results

Milton Mayo Morris sold 245 shares on April 15, 2026 while Nordson reports modest top-line growth, steady dividend and analyst price-target increases

By Hana Yamamoto NDSN
Nordson Director Disposes of $67,098 in Shares as Company Posts In-line Q1 Results
NDSN

Nordson CORP director Milton Mayo Morris sold 245 shares on April 15, 2026, generating $67,098 at $273.87 per share, according to a Form 4 filing. The sale occurred as the stock trades near $275 after a 54% gain over the past year. Nordson reported fiscal 2026 first-quarter EPS of $2.37 and revenue of $669 million, with organic sales growth of 7% and adjusted EPS rising 15%. The board maintained a $0.82 quarterly cash dividend and elected three directors at its 2026 shareholder meeting. Analysts DA Davidson and Jefferies raised price targets to $335 and $300, respectively. InvestingPro analysis flags the stock as slightly overvalued at current levels and notes a Pro Research Report is available on NDSN.

Key Points

  • Nordson director Milton Mayo Morris sold 245 shares on April 15, 2026, at $273.87 per share for $67,098 and now directly holds 2,656 shares.
  • Nordson reported fiscal Q1 2026 EPS of $2.37, revenue of $669 million (beating estimates by $16.18 million), 9% sales growth including 7% organic growth, and a 15% rise in adjusted EPS.
  • The Board declared a $0.82 cash dividend for Q2 FY2026 (unchanged from Q1), elected three directors at its 2026 Annual Meeting, and analysts DA Davidson and Jefferies raised price targets to $335 and $300 respectively.

Director Milton Mayo Morris of Nordson CORP (NASDAQ:NDSN) disclosed a personal sale of 245 company shares on April 15, 2026, in a Form 4 filing with the Securities and Exchange Commission. The shares changed hands at $273.87 apiece, producing a total transaction value of $67,098. Following the sale, Morris holds 2,656 shares of Nordson directly.

The disposition comes as Nordson stock is trading around $275, a price level reached after the share price returned roughly 54% over the past 12 months. Third-party analysis from InvestingPro characterizes the stock as slightly overvalued at current market levels and highlights that a Pro Research Report on NDSN is available among a library of more than 1,400 reports.

Quarterly results and operating trends

Nordson published its fiscal first-quarter 2026 results showing diluted earnings per share of $2.37, in line with analyst expectations. Revenue for the quarter totaled $669 million, exceeding forecasts by $16.18 million. The company reported a 9% increase in sales for the period, with organic growth contributing 7% of that increase. Management also reported a 15% gain in adjusted earnings per share, a metric the company attributed to improved cost control and operating leverage.

Capital return and governance updates

Nordson Board of Directors declared a cash dividend of $0.82 per common share for the second quarter of fiscal 2026, unchanged from the payout in the first quarter. At the company's 2026 Annual Meeting of Shareholders, Nordson announced the election of Christopher Mapes, Michael Merriman, Jr., and Sundaram Nagarajan to its board.

Analyst moves

Following the quarter, DA Davidson increased its price target on Nordson shares to $335, citing heightened demand in the semiconductor sector as a key factor. Jefferies also raised its target to $300, pointing to the company's solid first-quarter performance.

The facts above are drawn from regulatory filings, the company's reported quarterly results, board announcements and published analyst notes. Where outside valuation commentary is summarized, it is attributed to InvestingPro's analysis and the availability of a Pro Research Report on NDSN.

Risks

  • Valuation risk: InvestingPro's analysis indicates NDSN appears slightly overvalued at current levels, implying potential downside if market sentiment shifts.
  • Demand sensitivity: DA Davidson cited increased semiconductor-sector demand as a driver for higher targets, so weakness in that end market could affect revenue and stock performance.
  • Perception risk from insider activity: The director's sale, while disclosed and limited in size, may raise investor questions about insider conviction even though no further context was provided.

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