Andersons, Inc. (NASDAQ: ANDE) disclosed an insider transaction and delivered mixed fourth-quarter financial results in recently filed corporate documents and earnings released to investors. According to a Form 4 filed with the Securities and Exchange Commission, Vice President and Treasurer Brian K. Walz sold 200 shares of common stock on February 12, 2026, at a price of $70.00 per share, producing proceeds of $14,000.
Following this disposition, Walz directly holds 20,887.501 shares of Andersons. The Form 4 indicates the sale was carried out under a limited power of attorney, with Melissa Trippel executing the transaction on behalf of Walz.
On the operational and financial front, Andersons reported fourth-quarter adjusted earnings per share of $2.04, ahead of the analyst consensus of $1.56. The company recorded adjusted net income of $70 million for the quarter, a record for the period, driven by strong performances in two core business lines.
The Renewables segment posted $54 million in pretax income, which the company attributed to record ethanol production. The Agribusiness segment contributed $46 million in pretax income, supported by a record corn harvest. Those segment-level results helped lift adjusted profits despite top-line weakness.
Revenue for the quarter was $2.54 billion, below the consensus estimate of $3.28 billion. The company and outside analysts highlighted operational tailwinds and the impact of 45Z tax credits as contributors to the positive adjusted earnings result.
Benchmark reiterated its Buy rating on Andersons and maintained a $75.00 price target, citing the company’s strong fourth-quarter performance and the factors noted above. The firm pointed to operational tailwinds and 45Z tax credits when explaining its continued positive view.
The disclosed insider sale is modest in size relative to the company and followed the quarter in which Andersons posted record adjusted net income, while the revenue shortfall reflects an area where results diverged from consensus expectations.