Rutledge Thomas sells entire 87.8K share position in CHTR for $12.7M; stock down 65.1% from 52-week high
Rutledge Thomas executed 3 separate sales totaling 87,833 shares for $12,732,783.42 on May 26–27, 2026, liquidating his complete position at a blended average price of $144.97. The timing coincides with material price deterioration: CHTR has declined 65.1% from its 52-week high of $422.29 and is down 14.9% over the prior 30 days and 37.2% over the prior 90 days, yet Thomas sold below the current market price of $147.26. The company's fundamentals remain stable (8.09 P/E, $13.6B quarterly revenue, $1.2B net income), but the stock's steep decline may signal broader market or sector concerns that prompted the full-position exit. This complete liquidation represents a notable change: his prior 5 transactions at CHTR were also sells (all on 2023-11-17), establishing a pattern of exits rather than accumulation at this ticker.