CBL CBL & ASSOCIATES PROPERTIES INC Insider Trading

Canyon Capital sold 1,050,000 CBL shares at $46.44; retains 7,416,294 shares post-sale

Canyon Capital Advisors LLC reduced its stake in CBL & Associates Properties Inc by 1,050,000 shares (-12.4% vs pre-transaction holdings of 8,466,294 shares), raising $48,762,000.00 at a transaction price of $46.44 on 2026-05-22. The sale occurs within the 52-week range ($24.03–$48.64) near recent highs (-3.0% from 52-week high), while the stock has posted strong momentum over both 30 days (+6.4%) and 90 days (+24.2%). CBL shows solid fundamentals with P/E of 8.41 and recent quarterly net income of $46,487,000.00 against revenue of $145,968,000.00, supported by annual revenue growth of +12.2%. The significant divestiture—reducing but not exiting the position—merits monitoring to determine whether this signals a change in conviction or reflects liquidity management within a otherwise stable holding.

OCM Xb CBL-E Holdings sold 1,000,000 shares (1.00M) of CBL at $30.40; stake reduced to 2,983,967 shares (2.98M), down 25.1% in holdings.

A 10% owner divested 1,000,000 shares on 2024-12-05 in a substantial transaction worth $30,400,000.00, reducing their holdings by 25.1% to 2,983,967 shares. The transaction occurred near the 52-week high of $31.75, with the sale price of $30.40 just 1.6% below that peak, and follows a 30-day rally of 13.2% and a 90-day advance of 21.6%. The company trades at a P/E of 29.21 against recent quarterly revenue of $125,089,000.00 and net income of $16,198,000.00, though annual revenue growth stands at -4.9%, indicating declining top-line performance. The timing and scale of this reduction merit investor attention, particularly given the valuation environment and the sharp recent price appreciation into which the sale was executed.

CBL President LEBOVITZ sells 42,627 shares for $1,103,034.82 across two days; reduces holdings by -49.1%

Michael I. LEBOVITZ, CBL's President, executed two separate sales on 2024-08-15 and 2024-08-16, selling 29,045 shares at $25.91 and 13,582 shares at $25.81, respectively, for a combined total of 42,627 shares worth $1,103,034.82 at a blended average price of $25.88. This transaction cuts his holdings nearly in half, from 86,799 shares pre-transaction to 44,172 shares post-transaction, representing a -49.1% reduction in his stake. The stock trades at $25.94 currently, near its 52-week high of $26.24, while the company faces headwinds with annual revenue declining -4.9% year-over-year and a high P/E of 27.60 relative to net income of $4.7M on $129.7M in quarterly revenue. The substantial liquidation of one-half his position warrants close monitoring of his forward guidance and any disclosed reasons for the sale.

Strategic Value Partners sold 40,503 shares at $26.03 for $1,054,333.61, reducing stake from 168.1K to 127.6K shares (-24.1%).

Strategic Value Partners, LLC, a 10% owner of CBL & Associates Properties, executed 10 separate sales totaling 40,503 shares for $1,054,333.61 on 2024-07-29, reducing its post-transaction holding from 168,120 shares to 127,617 shares, a -24.1% reduction in position size. The sales occurred at $26.03 per share, near the 52-week high of $26.24, while the stock has recently rallied +19.5% over 90 days and +12.2% over 30 days. The company's fundamentals remain strained, with a P/E of 184.07, quarterly net income of only $50,000 against $129,117,000 in revenue, and annual revenue declining -4.9% year-over-year. This divestiture by a major stakeholder at elevated price levels warrants attention from investors monitoring insider positioning and capital allocation signals.

SVP Excelsior Management LLC sold 40,503 shares of CBL for $1.1M at $26.03 on 2024-07-29, reducing stake by 24.4%.

SVP Excelsior Management LLC, a 10% owner, executed 10 separate sales totaling 40,503 shares for $1,054,333.61 on 2024-07-29, at a blended average price of $26.03. The sale reduced holdings from 165,773 shares to 125,270 shares, representing a 24.4% reduction in the filer's position. The transaction occurred near the stock's 52-week high of $26.24, with shares currently trading at $25.77 after a 30-day appreciation of +12.2%. The company reported trailing-quarter revenue of $129,117,000.00 with net income of only $50,000.00, resulting in a P/E of 184.07, reflecting a structurally challenged earnings profile relative to the stock's recent price strength.