No insider purchase over the last 90 days. The latest was filed 28 Feb 2024.
Shyft Group, Inc. belongs to the Industrials sector. Filings by its managers are published through SEC (Form 4). Shyft Group, Inc. has had no insider filing for more than a year; the last one goes back to 16 May 2025.
These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
FY ended December 2024 · cache
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SHYFT GROUP, INC. (ticker: SHYF) is a U.S.-listed industrial company based in Novi, Michigan, United States, and followed by investors through SEC reporting and Form 4 insider filings. From an equity-research perspective, SHYFT is best understood as a niche transportation and specialty-vehicle manufacturer rather than a broad-based automotive OEM. Its core value proposition is centered on commercial mobility solutions, customized vehicle bodies, and application-specific upfitting for professional customers.
The company’s heritage reflects a long industrial evolution in specialty vehicles and fleet solutions. Over time, The Shyft Group has concentrated its portfolio around business lines that serve commercial operators, municipalities, and other fleet users. According to its SEC filings, its operations include Fleet Vehicles and Services, where it designs and builds products such as walk-in vans and truck bodies, as well as related parts and service activities. The broader business also includes specialty upfitting and vehicle solutions tailored to customer requirements. This focus on engineered-to-order and custom-built platforms gives SHYFT a differentiated position versus standard vehicle manufacturers.
In competitive terms, SHYFT operates in a fragmented market where it competes with specialty body builders, fleet equipment integrators, and other upfitters. Its competitive advantages are rooted in product know-how, integration capabilities, customer relationships, and the ability to deliver purpose-built solutions that fit operating requirements. Because its products are tied to specific commercial use cases, the company’s competitive position depends not only on manufacturing efficiency but also on technical support, flexibility, and the reliability of its supply chain.
Geographically, SHYFT is primarily North America-focused, with a strong U.S. operating base. That makes the company especially relevant to investors looking at domestic industrial demand, fleet replacement cycles, and commercial transportation spending in the United States. The business is therefore exposed to macro drivers such as customer capex budgets, chassis availability, freight and logistics activity, and broader industrial conditions.
A major recent development is the announced merger with Aebi Schmidt Holding AG. In December 2024, Shyft entered into a merger agreement with Aebi Schmidt, and 2025 SEC filings indicate that the combined company is expected to be named Aebi Schmidt Group and listed on Nasdaq under the ticker AEBI, subject to regulatory and shareholder approvals. For investors, this is the key current corporate event and a central part of the recent news flow. Overall, SHYF represents a specialized U.S. industrial equity with a focused market niche, meaningful operational expertise, and an important ongoing strategic transaction that could reshape its public-market profile.
| Fiscal year end | Revenue | Net income | Diluted EPS | Dividend per share | Filing |
|---|---|---|---|---|---|
| Dec 2024 | 786.2 m USD | -2.8 m USD | -0.08 USD | 0.20 USD | 10-K |
| Dec 2023 | 872.2 m USD | 6.5 m USD | 0.19 USD | 0.20 USD | 10-K |
| Dec 2022 | 1.03 bn USD | 36.6 m USD | 1.03 USD | 0.20 USD | 10-K |
| Dec 2021 | 991.8 m USD | 68.9 m USD | 1.91 USD | 0.10 USD | 10-K |
| Dec 2020 | 676.0 m USD | 32.8 m USD | 0.91 USD | 0.10 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.