14 Most Expensive Stocks Insiders Are Buying In March

3. Chart Industries, Inc. (NYSE:GTLS)

Market Capitalization: $7.40 billion

Chart Industries is a global manufacturer of specialized equipment for the production, storage, and use of hydrocarbon and industrial gases, offering solutions across the liquid gas supply chain. The company operates 64 manufacturing sites and over 50 service centers worldwide, providing engineering, installation, maintenance, and digital monitoring services.

Recently, the company announced that Blue Spruce Operating LLC has chosen them to supply the Nitrogen Rejection Unit (NRU), helium processing technology, and related equipment for their Dry Piney Helium and Carbon Sequestration Project in Sublette County, Wyoming.

For the full year 2024, Chart Industries reported $4.16 billion in sales, a 17.5% increase from the previous year. EBITDA was $914 million, with an adjusted operating income margin of 21.1%, up 400 basis points from 2023.

In March, five insiders, including the company’s president and CEO, bought a total of approximately $209,970 worth of Chart Industries shares at an average price of $146.15 per share. Currently, the stock trades at $155.18 per share, down 18.69% year-to-date and 2.71% over the past 12 months.

Thirteen analysts have given Chart Industries stock an average “Moderate Buy” rating with a price target of $196.08 per share, according to MarketBeat. This price target represents an upside of 26.23% from the latest price.