CEO Stavros sold 119,954 shares of MGY at $29.29 on 2026-03-09; retains 883,592 shares post-transaction.
Stavros Christopher G, CEO & Chairman, sold 119,954 shares (12.0% of pre-transaction holdings) for $3,513,212.75 at $29.29 per share. The sale occurred near the 52-week high of $29.22, with stock price currently at $29.07. At his same ticker (MGY), his prior buy on 2025-03-03 delivered +16.6% return at 30 days but -2.5% at 90 days, representing a missed opportunity to capture gains. His broader cross-ticker track record shows 1 prior buy with an average 90-day win rate of 0.00%, suggesting limited predictive accuracy of his market timing. The company posted $324.9M in latest quarterly revenue and $75.5M net income, though annual revenue growth was flat at -0.3%, providing no clear fundamental catalyst or urgency for the sale.