Nordson Corp (NDSN) VP, Chief Accounting Officer Joseph Rutledge Sells 684 Shares
GuruFocus News
09/16/2026 09:00
Joseph Rutledge, Vice President, Chief Accounting Officer at Nordson Corp NDSN, sold 684 shares of the company on 2026-09-15, according to a recent SEC Filing. Following the transaction, the insider owns 2,134 shares of the company.
The sale was executed at a time when shares of Nordson Corp NDSN were trading at $309.38 apiece, giving the company a market cap of approximately $17.32 billion. This transaction adds to the broader insider selling trend observed at the company over the past year.
Insider Transaction History
Over the past year, Joseph Rutledge has sold 684 shares in total and purchased 0 shares. This latest transaction represents the entirety of the insider’s selling activity over the trailing twelve-month period.
The insider transaction history for Nordson Corp shows that there have been 0 insider buys in total over the past year. Meanwhile, there have been 14 insider sells over the same timeframe. This pattern of activity suggests that insiders at the company have generally been reducing their exposure to the stock, with no offsetting purchases during the period.
Company Business Description
Nordson Corp NDSN is a manufacturer of precision dispensing equipment that applies adhesives, sealants, coatings, and other materials to a broad range of consumer and industrial products. The company operates through several segments, including Industrial Precision Solutions and Advanced Technology Solutions. Its products are used in diverse end markets such as packaging, electronics, medical, and industrial coatings. Nordson serves customers globally, with a significant presence in the Americas, Europe, and Asia-Pacific regions. The company is known for its engineering capabilities and its focus on providing dispensing and processing solutions that help customers improve product quality and production efficiency.
Valuation Analysis
Shares of Nordson Corp were trading for $309.38 apiece on the day of Joseph Rutledge’s recent transaction. The stock’s price-earnings ratio stands at 31.46, which is higher than the industry median of 24.92 and also higher than the company’s historical median price-earnings ratio. This elevated valuation multiple suggests that investors are paying a premium for the company’s earnings relative to both its peers and its own history.
With a price of $309.38 and a GF Value of $280.66, Nordson Corp has a price-to-GF-Value ratio of 1.1. This means the stock is considered Fairly Valued based on its GF Value.
The GF Value is GuruFocus’s proprietary intrinsic-value estimate, designed to provide a single, comprehensive measure of what a stock is worth. It is calculated by combining three key factors: historical multiples that the stock has traded at, including the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow; a GuruFocus adjustment factor based on the company’s past returns and growth; and future estimates of business performance from Morningstar analysts. By blending these elements, the GF Value aims to offer a balanced view of a stock’s fair worth, helping investors assess whether a stock is undervalued, fairly valued, or overvalued.
Guru Ownership
According to GuruFocus’s premium guru 13F ownership data, 4 gurus currently hold shares of Nordson Corp NDSN, with 1 adding to their positions and 3 trimming in recent quarters. This data, which is tracked exclusively by GuruFocus and is not available on platforms like Simply Wall St or Morningstar, provides additional context for the insider activity. The fact that more gurus have been trimming their positions than adding to them aligns with the insider selling trend observed at the company.
What the Insider Activity and Valuation Suggest
When considering the insider activity alongside the stock’s valuation, a few observations emerge. The insider, Joseph Rutledge, has sold shares and now holds 2,134 shares. The broader insider trend at Nordson Corp NDSN shows no purchases and 14 sales over the past year, indicating a general inclination among insiders to reduce their holdings. Meanwhile, the stock is trading at a price-earnings ratio of 31.46, which is above both the industry median and the company’s historical median, suggesting a relatively rich valuation on an earnings basis.
However, based on the GF Value, the stock is considered Fairly Valued, with a price-to-GF-Value ratio of 1.1. This indicates that while the stock may be trading at a premium relative to its earnings history, the GF Value estimate suggests it is not significantly overvalued or undervalued. The combination of insider selling and a fairly valued assessment could imply that insiders may be taking profits or diversifying their holdings, while the valuation suggests the stock is reasonably priced relative to its intrinsic value estimate.
It is important to note that insider transactions can be motivated by a variety of factors, including personal financial planning, diversification, or other considerations unrelated to the company’s prospects. Therefore, while the insider selling trend is notable, it should be considered alongside other fundamental and valuation metrics when evaluating the stock.
For investors, the key takeaway is that Nordson Corp NDSN is currently trading at a premium on a price-earnings ratio basis, but the GF Value suggests the stock is fairly valued. The insider selling activity and the guru ownership trend, with more gurus trimming than adding, provide additional context for those monitoring the stock. As always, investors should conduct their own research and consider their individual financial goals and risk tolerance before making any investment decisions.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Disclosures
I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.
