Rep. April McClain Delaney Sells Off Core & Main, Inc. (NYSE:CNM) Stock

Representative April McClain Delaney (Democratic-Maryland) recently sold shares of Core & Main, Inc. (NYSE:CNM). In a filing disclosed on July 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Core & Main stock on June 12th.

Representative April McClain Delaney also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Hubbell (NYSE:HUBB) on 6/17/2026.
• Sold $1,001 – $15,000 in shares of Wabtec (NYSE:WAB) on 6/15/2026.
• Sold $1,001 – $15,000 in shares of Middleby (NASDAQ:MIDD) on 6/15/2026.
• Sold $1,001 – $15,000 in shares of Corpay (NYSE:CPAY) on 6/12/2026.
• Sold $1,001 – $15,000 in shares of Live Nation Entertainment (NYSE:LYV) on 6/12/2026.
• Sold $1,001 – $15,000 in shares of Middleby (NASDAQ:MIDD) on 6/12/2026.
• Sold $1,001 – $15,000 in shares of Wabtec (NYSE:WAB) on 6/12/2026.
• Sold $1,001 – $15,000 in shares of Wabtec (NYSE:WAB) on 6/10/2026.
• Purchased $1,001 – $15,000 in shares of Hubbell (NYSE:HUBB) on 6/9/2026.
• Purchased $1,001 – $15,000 in shares of Hubbell (NYSE:HUBB) on 6/8/2026.

Core & Main Price Performance

Shares of NYSE CNM opened at $45.92 on Monday. The firm has a market capitalization of $8.89 billion, a P/E ratio of 19.46, a P/E/G ratio of 1.59 and a beta of 0.91. The company has a quick ratio of 1.31, a current ratio of 2.31 and a debt-to-equity ratio of 1.00. The stock’s 50-day simple moving average is $48.20 and its two-hundred day simple moving average is $51.44. Core & Main, Inc. has a twelve month low of $43.96 and a twelve month high of $67.18.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. The Goldman Sachs Group reissued a “neutral” rating and set a $24.00 price objective on shares of Core & Main in a report on Thursday, June 11th. Citigroup dropped their target price on shares of Core & Main from $54.00 to $53.00 and set a “neutral” rating for the company in a research report on Thursday, June 11th. Barclays cut their price target on shares of Core & Main from $63.00 to $62.00 and set an “overweight” rating for the company in a research note on Wednesday, March 25th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Core & Main from $65.00 to $62.00 and set a “buy” rating on the stock in a research report on Wednesday, March 25th. Seven analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $57.73.

Institutional Trading of Core & Main

Hedge funds have recently bought and sold shares of the company. Assenagon Asset Management S.A. boosted its stake in shares of Core & Main by 881.9% in the 4th quarter. Assenagon Asset Management S.A. now owns 52,963 shares of the company’s stock valued at $2,752,000 after purchasing an additional 47,569 shares in the last quarter. Procyon Advisors LLC bought a new position in shares of Core & Main during the fourth quarter valued at about $1,779,000. Hudson Bay Capital Management LP bought a new position in shares of Core & Main during the third quarter valued at about $14,441,000. KBC Group NV increased its holdings in shares of Core & Main by 11.6% in the fourth quarter. KBC Group NV now owns 2,618,916 shares of the company’s stock worth $136,105,000 after buying an additional 272,258 shares during the period. Finally, Kingdon Capital Management L.L.C. bought a new stake in shares of Core & Main in the 3rd quarter valued at about $8,074,000. Institutional investors own 94.19% of the company’s stock.

Insider Activity

In other Core & Main news, CFO Robyn L. Bradbury sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $52.54, for a total value of $262,700.00. Following the completion of the sale, the chief financial officer owned 12,500 shares in the company, valued at approximately $656,750. The trade was a 28.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James D. Hope acquired 2,067 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were bought at an average cost of $46.01 per share, with a total value of $95,102.67. Following the purchase, the director owned 11,805 shares of the company’s stock, valued at approximately $543,148.05. This trade represents a 21.23% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 1.51% of the company’s stock.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.

April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

About Core & Main

Core & Main, Inc (NYSE:CNM) is a leading distributor of water, sewer, storm drainage and fire protection products across North America. The company’s product portfolio includes valves, hydrants, pipe and fittings, meters, couplings and other essential components that support municipal, industrial and environmental infrastructure projects. By combining a comprehensive inventory with logistics and technical support, Core & Main helps customers address complex water system and distribution challenges.

With more than 300 branch locations and over 3,500 employees, Core & Main serves a diverse customer base that includes municipalities, contractors, engineers and utility providers.