Ibotta Director Lehrman sells 75.9K shares across 6 transactions for $2.4M, cutting holdings by -69.7%
Director Thomas D. Lehrman filed 6 separate sales totaling 75,907 shares for $2,362,946.52, reducing his position from 108,888 shares pre-transaction to 32,981 shares post-transaction — a -69.7% reduction in holdings. His cross-ticker track record across 20 prior sells shows an avg 90d return of -29.7% and a 90d well-timed rate of 95.00%, indicating a strong historical pattern of selling before subsequent price declines. His 5 prior sells at IBTA specifically, all on 2024-12-12, each produced 90-day returns between -42.7% and -43.8% at the 90-day mark, a consistent outcome at this ticker. The stock is currently -46.8% from its 52-week high, and IBTA reported a quarterly net income of $-10,322,000.00 alongside annual revenue growth of -6.8%, providing the fundamental backdrop against which this substantial director-level reduction occurs.