Director Daniel Bernstein sells 6,667 shares of BELFB at $203.21, reducing stake by 22.1% to 23,512 shares ($1.4M sale).
Director Daniel Bernstein sold 6,667 shares (6.7K shares) at $203.21 on 2026-03-16 for $1,354,801.07 ($1.4M), reducing his post-transaction holdings to 23,512 shares (23.5K shares) from 30,179 shares (30.2K shares)—a 22.1% reduction in stake. The sale occurred at a price $6.31 below the current price of $209.52 and approximately $34.89 below the 52-week high of $238.40. His prior sale at BELFB on 2023-09-01 was not well-timed, with a 90-day return of +4.0%, meaning the stock rose after that sale. The company's fundamentals remain solid: Revenue $178,980,000.00 ($179.0M), Net income $22,555,000.00 ($22.6M), annual revenue growth of +26.3%, and a low P/E of 7.17. The magnitude of the position reduction (22.1%) and the stock's recent momentum—up 27.6% over 90 days despite being down 10.0% over 30 days—merit investor attention given the director's demonstrated poor historical timing on sales at this ticker.