CFO Jay Lecoryelle sells entire remaining LAMR stake for $1.57M, his seventh open-market sale in 36 months; stock near 52-week highs after strong recent gains.
Jay Lecoryelle, LAMR's CFO, has fully exited his position in the company with a sale of ten thousand shares at market, completing the liquidation of his remaining holdings. This marks his seventh open-market sale in the past three years—a consistent pattern of share dispositions rather than accumulation. The stock has climbed significantly over the past month and stands within a few percentage points of its 52-week high, yet Lecoryelle chose to exit at these elevated levels. His prior three sales at this ticker showed well-timed exits in the near term as the stock declined in the following month, but poorly timed over longer horizons as shares recovered and rallied. The company itself remains solidly profitable with modest revenue growth, though the CFO's repeated sales over years suggest a preference for cash over equity exposure in his own firm.