CFO Sonalee Elizabeth Parekh sells 108,544 shares of ASAN for $1.5M at blended avg $14.13; stock near 44% below 52-week high.
Parekh executed 2 separate sales totaling 108,544 shares for $1,534,225.32 on consecutive days (2025-12-22 and 2025-12-23) at an average of $14.13, reducing her stake by 10.1% from 1.08M to 968.1K shares. The stock is currently trading at $13.51, down 44.4% from its $24.28 52-week high, while the company reported a $68.4M net loss on $201.0M in quarterly revenue. Parekh's cross-ticker track record shows 7 prior sells with an average 90-day return of +8.9% and a well-timed rate of 14.29%, indicating that most of her prior sales have been poorly timed (stock rose afterward); at ASAN specifically, her 2 prior sales showed mixed results (1 of 2 well-timed at 90 days). The timing of this sale against the stock's depressed valuation relative to its recent range warrants attention, particularly given the company's ongoing unprofitability and the magnitude of the position reduction.