Nancy E. Austin, who serves as Vice President and Chief Administrative Officer of Matrix Service Co (NASDAQ: MTRX), disposed of 4,193 shares of the company’s common stock on February 18, 2026. The transaction generated approximately $47,345 in proceeds.
The shares were sold at a weighted average price of $11.2915, with individual trades executed at prices between $11.20 and $11.35. Following the sale, Austin directly holds 106,138 shares of Matrix Service common stock.
According to InvestingPro data, Matrix Service has a market capitalization of $315.88 million and, on its balance sheet, holds more cash than debt. The company’s most recent quoted share price is $11.21, which remains below its 52-week high of $16.11. InvestingPro Fair Value estimates cited in available research indicate the stock may be undervalued relative to those benchmarks.
Matrix Service has endured a difficult year on the market, recording a -22.52% return over the period. InvestingPro provides an expanded Pro Research Report covering Matrix Service along with more than 1,400 other U.S. equities for investors seeking additional context and analysis.
Recent corporate results have added to scrutiny of the company’s outlook. Matrix Service reported fiscal Q2 2026 results that missed on both earnings per share and revenue versus consensus forecasts. The company posted an EPS of -$0.02, below the expected $0.03, which represents a negative surprise of 166.67% relative to expectations. Revenue for the quarter was $210.5 million, coming in slightly under the forecasted $212.92 million.
Those results were followed by a material decline in the company’s stock price once they were released. The earnings and revenue shortfalls are noted as important considerations for investors assessing the company’s near-term prospects. Market participants, including analysts and investors, are expected to monitor upcoming performance and any strategic actions the company may announce in response to the quarter’s outcomes.
The sale by Austin and the company’s recent quarterly performance together furnish market participants with concrete data points about insider activity and financial execution. The combination of insider selling, a below-peak share price, and a missed quarter contribute to the current investor conversation around Matrix Service.