Transaction details
Kirby Corp director Davis Barry E completed the sale of 8,480 shares of common stock on February 19, 2026, generating proceeds of $1,089,764. The shares changed hands at $128.51 each. The sale took place while the stock was trading close to an InvestingPro-tracked 52-week high of $132.18, following a 30% advance over the prior six months.
On the same date, Davis Barry E exercised stock options to acquire 8,480 shares of Kirby common stock. Those option exercises occurred in three separate transactions, with strike prices ranging from $70.65 to $85.30. The aggregate value tied to those exercised options was $675,579.
Company valuation and coverage
Kirby Corporation, a marine transportation company with a market value reported at $6.94 billion, trades at a price-to-earnings ratio of 20.47. InvestingPro analysis cited in company commentary indicates the stock appears undervalued relative to its Fair Value and lists KEX among opportunities classified as most undervalued stocks. For deeper analysis, KEX is covered in a Pro Research Report, noted as one of more than 1,400 reports available through InvestingPro.
Recent financial results
Kirby released fourth-quarter 2025 results showing adjusted earnings per share of $1.68, which exceeded the consensus forecast of $1.63. Revenue for the quarter was $851.8 million, below the expected $861.68 million. That revenue shortfall has generated concern among some investors, according to the reporting.
Board appointment
Effective February 16, Kirby added Tracy A. Embree to its board as an independent director. Embree, the retired President of Otis Americas, is described as bringing over 25 years of experience in industrial operations, manufacturing, distribution, and services businesses. The company noted she will stand for election at the annual meeting in April.
Takeaway
The simultaneous insider sale and option exercises, the mixed quarter with EPS above estimates but revenue below expectations, and the addition of a seasoned independent director are the most recent developments at Kirby. Together they reflect active corporate governance moves and financial reporting that have captured investor attention as the stock trades near its 52-week high.