Historically, stocks have lagged the S&P 500 by a median ~3% over the 90 days after a medium insider sell (n ≈ 11,162, 2023-2026). Past results don't predict the future. How we measure this ↗
CFO Paul Seavey sold 10,000 ELS shares at $64.72; post-sale holdings 78,162 shares (-11.3%).
On 2025-05-07, Paul Seavey (EVP & CFO) executed an open-market sale of 10,000 shares at $64.72, reducing his stake from 88,162 to 78,162 shares. His prior sale at ELS on 2024-09-17 was followed by declines of -6.3% over 30 days and -8.7% over 90 days, establishing a pattern of well-timed sell execution at this ticker. The current stock price of $64.32 sits 15.6% below the 52-week high of $76.25, suggesting the company is trading in a period of weakness relative to recent highs. With a P/E of 32.00 and annual revenue growth of only 2.5%, the valuation context appears elevated relative to growth momentum, which may provide context for the reduction in his equity position.
CFO Paul Seavey sold entire 31,988-share stake in ELS for $2.4M at $74.83, exiting position entirely
Paul Seavey, EVP & Chief Financial Officer of Equity Lifestyle Properties, liquidated his entire shareholding of 31,988 shares (-100.0% vs pre-transaction holdings) on 2024-09-17 at $74.83 per share, generating $2,393,662.04. The complete exit of a CFO's personal holdings is material because it eliminates insider skin-in-the-game at the governance level and marks a permanent disengagement from equity ownership. The sale occurred near the company's 52-week high of $76.25, with the stock subsequently declining 3.5% from that peak. Given the executive's fiduciary role in capital allocation and financial strategy, this total liquidation warrants investor review of whether there are strategic or operational signals reflected in his decision to maintain zero equity position going forward.
Marguerite M Nader (CEO) sold 33,000 shares of ELS at $75.52 for $2.5M; retains 260,936 shares post-sale
CEO Marguerite M Nader executed a discretionary sale of 33,000 shares (-11.2% of pre-transaction holdings) at $75.52, near the 52-week high of $76.25. The transaction occurred when the stock was up 5.8% over 30 days and 18.4% over 90 days, suggesting the sale occurred amid recent strength. The company carries a high valuation multiple (P/E: 40.24) relative to its recent annual revenue growth of 2.9%, which may frame the context for insider liquidity decisions. The CEO retains a substantial position of 260,936 shares, indicating continued material ownership alignment with shareholders.
EVP & COO Waite Patrick sold 20,820 shares of ELS at $70.23 for $1.5M on 2024-08-16, reducing holdings by 23.7%.
Waite Patrick, EVP & Chief Operating Officer of Equity Lifestyle Properties, executed a single open-market sale of 20,820 shares at $70.23, representing a material reduction of 23.7% from his pre-transaction holdings of 87,728 shares. The sale occurred near the company's 52-week high of $72.72 and above the current price of $70.80, while the company maintains a relatively elevated P/E ratio of 38.27 with recent quarterly net income of $82,127,000.00 against revenue of $380,019,000.00. The transaction reflects a discrete capital reallocation by a senior operational executive but does not provide clear directional signals about company fundamentals given the proximity to 52-week highs and absence of disclosed rationale in standard Form 4 filings.
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