Zurn Elkay director Jacques Butler buys $99,993 in company stock
Zurn Elkay Water Solutions Corp (ZWS) director Jacques Butler bought 2,016 shares at $49.6 each, totaling $99,993. The company reported Q2 2026 earnings of $0.50 per share, beating estimates, with revenue of $491 million. Stifel maintained a Buy rating and $62 price target. ZWS has a market cap of $8.1 billion and a P/E ratio of 30.38.
How this was made
The 30-second read
Why it matters
The insider buy adds a modest positive data point but does not change the broader earnings narrative.
Market read
Primary relevance is the insider transaction; earnings beat already known.
What to watch
Potential upcoming strategic initiatives hinted by the director could add context, but not disclosed.
Background
Zurn Elkay Water Solutions reported Q2 2026 earnings beat and a buy rating from Stifel, but the article’s primary new fact is the Form 4 insider purchase.
Ticker impact
Director Jacques Butler purchased 2,016 shares of ZWS at $49.6 per share, a $99,993 insider buy disclosed on Form 4.
Minimal impact; price may stay flat or see slight uptick if market views it positively.
The transaction size is modest relative to market cap ($8.1 B) and typical daily volume, so any price effect will be limited.
Market effects
None; insider activity does not alter water‑solutions sector outlook.
No regional effect; confined to ZWS shareholders.
Limited to investors tracking insider transactions.
Counterpoint
Some investors may view any insider buying as a bullish signal despite the small size.
Key entities
- companyZurn Elkay Water Solutions Corp
US‑listed water‑solutions provider (ticker ZWS).
- personJacques Butler
Director of ZWS who made the insider purchase.
