Transaction details
Renee M. Bacon, who serves as senior vice president of sales and operations at Murphy USA Inc. (NYSE: MUSA), sold 2,844 shares of the companys common stock on February 23, 2026. The sale was executed at $388.61 per share, producing a gross transaction value of approximately $1.105 million. The disposition was publicly disclosed in a Form 4 filing submitted to the Securities and Exchange Commission. Following the sale, Bacon directly holds 3,083.3 shares of Murphy USA common stock.
Context from corporate results and market commentary
In corporate reporting, Murphy USA released its fourth-quarter 2025 financial results in which reported earnings per share were $7.53, exceeding the forecasted $6.45. Revenue for the quarter totaled $4.74 billion, below the $4.88 billion that analysts had anticipated. These mixed results have led to differing analyst reactions.
Analyst moves
KeyBanc Capital Markets moved to raise its price target to $500 and kept an Overweight rating, pointing to strong earnings performance driven by higher fuel margins. In contrast, Stephens reduced its price target to $450 while maintaining an Overweight rating, citing a softer outlook for 2026 despite noting that Murphy USA reported EBITDA of $290.9 million, which outpaced both Stephens own forecast and consensus expectations.
Other market notes
Separately, a market analysis included with the transaction reporting observed that Murphy USA appears undervalued at current levels. The same commentary noted that company management has been active in repurchasing shares. Additionally, a comprehensive research report covering this company is available alongside coverage for more than 1,400 U.S. equities, according to the disclosure accompanying the analysis.
Takeaway
The insider sale by a senior operations executive and the companys mixed quarterly performance - EPS above expectations but revenue below - come amid ongoing share repurchase activity and divergent analyst price-target adjustments. The net effect on investor sentiment will depend on how market participants weigh the earnings beat, revenue shortfall, and the differing analyst outlooks.