Modine Manufacturing Company (MOD) is down 8.0% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver appears to be trading around Modine’s pending separation of its Performance Technologies business and its merger-related share distribution, rather than a new deterioration in the core business. This could be because September 28, 2026 is the record date for the SpinCo distribution, while Modine shares now trade with due bills attached through the expected October 1 closing, creating complexity that can pressure the stock as investors reposition. ([gentherm.gcs-web.com](https://gentherm.gcs-web.com/news-releases/news-release-details/gentherm-and-modine-manufacturing-company-announce-additional))
Details:
Sources:
Modine, Gentherm, SEC
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$MOD Insider Trading Activity
$MOD insiders have traded $MOD stock on the open market 29 times in the past 6 months. Of those trades, 0 have been purchases and 29 have been sales.
Here’s a breakdown of recent trading of $MOD stock by insiders over the last 6 months:
- BRIAN JON AGEN (VP, CHRO) has made 0 purchases and 15 sales selling 42,588 shares for an estimated $12,075,970.
- ERIC S MCGINNIS (President, Commercial HVAC) has made 0 purchases and 10 sales selling 39,102 shares for an estimated $11,156,955.
- ERIC D ASHLEMAN has made 0 purchases and 3 sales selling 15,000 shares for an estimated $4,328,161.
- ARTHUR JR. LASZLO (President, Data Centers) sold 900 shares for an estimated $266,184
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$MOD Hedge Fund Activity
We have seen 349 institutional investors add shares of $MOD stock to their portfolio, and 314 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WASATCH ADVISORS LP removed 1,313,775 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $284,708,180
- BLACKROCK, INC. removed 1,218,067 shares (-29.8%) from their portfolio in Q2 2026, for an estimated $325,248,250
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 1,115,192 shares (+4848660.9%) to their portfolio in Q2 2026, for an estimated $297,778,567
- WT ASSET MANAGEMENT LTD removed 869,345 shares (-74.8%) from their portfolio in Q2 2026, for an estimated $232,132,501
- PRICE T ROWE ASSOCIATES INC /MD/ removed 778,625 shares (-45.2%) from their portfolio in Q2 2026, for an estimated $207,908,447
- XN LP removed 646,333 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $172,583,837
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 581,073 shares (+inf%) to their portfolio in Q2 2026, for an estimated $155,158,112
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$MOD Price Targets
Multiple analysts have issued price targets for $MOD recently. We have seen 5 analysts offer price targets for $MOD in the last 6 months, with a median target of $330.0.
Here are some recent targets:
- Matt Summerville from DA Davidson set a target price of $330.0 on 06/22/2026
- Noah Kaye from Oppenheimer set a target price of $325.0 on 05/28/2026
- Neal Burk from UBS set a target price of $355.0 on 05/28/2026
- David Tarantino from Keybanc set a target price of $370.0 on 05/27/2026
- Jeff Van Sinderen from B. Riley Securities set a target price of $264.0 on 05/26/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
