Bel Fuse Inc. (NASDAQ:BELFB) director Peter E. Gilbert carried out a sale of 4,500 shares of Class B common stock on February 24, 2026, generating total proceeds of $1.07 million. The sale prices were recorded in a narrow band between $238.38 and $239.00 per share.
The transaction occurred as the share price sits near its 52-week peak of $248.61, following a notable 183% gain over the past year. An InvestingPro valuation analysis included with public reporting indicates the stock appears overvalued relative to its Fair Value.
Following the disposition, Gilbert's direct holdings stand at 15,047 shares of Class B common stock. He additionally holds 500 shares of Class A common stock in his own name and is reported to indirectly own 1,250 Class B shares through his wife.
Investors seeking a deeper dive into valuation and company performance are directed to the comprehensive Pro Research Report available on InvestingPro for further detail.
On the operational front, Bel Fuse reported fourth-quarter results that exceeded analyst expectations across several metrics. The company posted higher-than-expected revenue, expanded gross margins and delivered earnings per share above consensus. Quarterly sales rose 17% year-over-year, topping the anticipated 15% expansion.
Following the stronger-than-expected quarterly performance, Needham adjusted its price target for Bel Fuse to $250 from a previous $212, while maintaining a Buy rating on the shares. Needham had earlier revised its target to $212 from $168, citing robust demand in aerospace and defense and signs of recovery in commercial markets including networking and commercial aerospace.
Those analyst adjustments underscore a broadly constructive view among research coverage regarding the company's recent demand trends and segment-level performance.
Summary of the transaction and context:
- Transaction: Sale of 4,500 Class B shares by director Peter E. Gilbert on February 24, 2026.
- Proceeds and price range: $1.07 million total; prices between $238.38 and $239.00 per share.
- Holdings after sale: Gilbert directly owns 15,047 Class B shares and 500 Class A shares; he indirectly owns 1,250 Class B shares through his spouse.
- Share performance and valuation: Stock near 52-week high of $248.61 with a 12-month return of 183%; InvestingPro flags the stock as appearing overvalued versus its Fair Value.
- Recent company performance: Q4 sales rose 17% year-over-year and beat revenue, gross margin and EPS expectations; Needham lifted its price target to $250 and kept a Buy rating, having previously raised the target to $212 from $168.
For investors and market observers, the disclosed insider sale provides a clear record of an executive liquidity event amid strong share performance and positive analyst commentary tied to improving demand in aerospace, defense and certain commercial segments.