GTES Gates Industrial Corp plc Insider Trading

CHRO Montgomery sells 40,996 shares (42.8% of holdings) at $22.60; stock down 14.0% from 52-week high at $26.14

Montgomery Gwendolyn Ann, Chief Human Resources Officer, sold 40,996 shares (41.0K shares) of GTES at $22.60 on 2025-11-26, reducing her position from 95,860 shares to 54,864 shares. The sale occurred while the stock is trading 14.0% below its 52-week high of $26.14 and has declined 10.3% over the past 90 days, though it has recovered 1.9% in the last 30 days. The company's fundamentals show a -4.5% annual revenue decline and a P/E of 24.45 against a $5.8B market cap, suggesting a moderately valued but decelerating business. This substantial reduction—nearly 43% of her prior holdings in a single transaction—represents a material disposition by a C-suite officer during a period of price weakness and negative momentum.

CFO Mallard Lawrence B sold 22,188 shares of GTES at $22.77; stock down -14.0% from 52-week high amid -4.5% annual revenue decline.

Mallard Lawrence B, Chief Financial Officer of Gates Industrial Corp plc, sold 22,188 shares at $22.77 on 2025-11-12, reducing his holdings by 11.1% to 177,627 shares. The sale occurs as the stock trades -14.0% from its 52-week high of $26.14 and has declined 9.8% over the past 30 days. Notably, the company is reporting annual revenue growth of -4.5%, signaling operational headwinds despite current quarterly revenue of $855.7M and net income of $81.6M. The CFO's discretionary sale during a period of negative revenue momentum and stock price weakness warrants investor attention to upcoming earnings and guidance communication.

Director Eliasson Fredrik J purchased 60,000 shares of GTES at $19.56 on 2025-03-07 (valued at $1,173,600.00), increasing holdings 46.7% to 188,452 shares

Eliasson Fredrik J acquired 60,000 shares at $19.56, a significant 46.7% increase to his total holdings at the time. His cross-ticker track record shows strong execution on prior buys (avg 90d return +42.6%, 100.00% win rate), and his prior GTES purchase on 2024-02-16 also demonstrated favorable 90d timing (+42.6% return). The current price of $19.49 reflects a -17.1% decline from the 52-week high of $23.51, positioning this purchase in a downturn relative to recent peaks. The company's fundamentals show $830.7M quarterly revenue, $47.6M net income, and a P/E of 27.07, though annual revenue growth is negative at -4.5%, indicating operational headwinds that warrant attention to whether this buy reflects contrarian conviction or exposure to near-term pressure.

Omaha Aggregator (Cayman) L.P. sells 30,539,203 shares of GTES for $506.3M; divests 98.5% of pre-transaction holdings

Omaha Aggregator (Cayman) L.P., a 10% owner, executed 5 separate sales totaling 30,539,203 shares on 2024-08-21 at $16.58/share for an aggregate $506,339,985.74, reducing its holding from 30.99M shares to 451.5K shares—a -98.5% reduction in position size. This near-complete liquidation at a price $1.42 below the current $18.00 mark and near the 52-week high of $18.59 represents a substantial exit by a major shareholder. The insider's cross-ticker track record shows a 90d well-timed rate of 21.05%, but at GTES specifically, all 5 prior sells (May 2024) posted 90d returns of +9.1%, indicating the prior transactions were not well-timed on a 90-day basis. The stock has appreciated +5.0% in the last 30 days and +1.8% over 90 days since this sale, suggesting this exit occurred ahead of momentum but should be monitored against quarterly fundamentals (latest revenue $885.5M, net income $70.7M, P/E 18.75).

Blackstone reduces Gates Industrial stake by 98.5%, selling 30,539,203 shares for $506.3M on 2024-08-21

Blackstone executed 5 separate sales totaling 30,539,203 shares for $506,339,985.74, reducing its position from 30,990,699 shares to 451,496 shares post-transaction—a 98.5% reduction of its prior holding. The blended average transaction price of $16.58 trails the current price of $18.00 by $1.42 per share. At GTES specifically, Blackstone's prior 5 sales (all on 2024-05-21) posted a 90-day timing rate of 0%, with 90-day returns of +9.1%—meaning the insider did not sell before declines but rather sold into rises. This near-complete exit, coupled with a track record showing modest cross-ticker sell timing (20.00% well-timed rate, average 90d return +26.5%), suggests a substantial reduction in Blackstone's commitment to Gates Industrial rather than a tactical near-term positioning signal.

BX Gates ML-1 HOLDCO LLC sold 30,539,203 shares ($506.3M) at $16.58, reducing stake by 98.5%, filing dated 2024-08-21.

BX Gates ML-1 HOLDCO LLC, a 10% owner, executed 5 separate sales totaling 30,539,203 shares for $506,339,985.74 at $16.58 on 2024-08-21, liquidating 98.5% of its position and retaining only 451,496 shares. The transaction occurred near the 52-week high ($18.59), with stock currently at $18.00 (+5.0% over 30 days). Historical data on same-ticker sales shows 0 of 5 prior 2024-05-21 sales were well-timed at the 90-day mark, all recording +9.1% returns as price rose after those earlier exits. This near-complete exit represents a substantial reduction of insider ownership concentration and may reflect portfolio adjustment or diversification rather than a market-timing signal, particularly given the company's steady fundamentals: $885.5M quarterly revenue, $70.7M net income, and modest 0.4% annual growth.

Director Neely Wilson purchases 11,952 shares at $16.80 in 2 transactions for $200,793.60

Neely Wilson, a director at Gates Industrial (GTES), executed 2 separate purchases totaling 11,952 shares for $200,793.60 at a blended average price of $16.80 on 2024-08-21. The stock now trades at $18.00, representing a 7.1% gain from the transaction price. Wilson's prior trading record at GTES shows strong execution: his 2 prior open-market buys at this ticker achieved 90-day returns of +20.3% and +33.9%, both well-timed outcomes where the stock rose materially after purchase. His cross-ticker track record across 2 prior buys shows a 100% 90-day win rate with an average 90-day return of +27.1%. The recent purchase adds $200.8K in capital committed at an attractive price point relative to GTES's 52-week range ($10.75–$18.59) and the insider's demonstrated success identifying entry levels at this ticker.