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EdgarHawk

TOL Toll Brothers, Inc. Insider Trading

17 filings analyzed · Latest 2026-03-02
Insider buys
1
Insider sells
16
Unique insiders
4
Direction
Net selling
March 2026
2026-03-02
medium
Yearley Douglas C. Jr. Sell
Chief Executive Officer
27,014 shares
$4,299,308
@ $159.15
Significance 5/10

CEO Yearley Douglas C. Jr. sold 27,014 shares of TOL at $159.15 for $4.3M on 2026-02-27

The CEO of Toll Brothers sold 27,014 shares at $159.15, reducing his holding by 7.8% to 321,256 shares post-transaction. The sale occurred near TOL's 52-week peak of $166.12, positioning it just 7.1% below the high-water mark and within a strong 30-day (+6.8%) and 90-day (+10.9%) rally. Examining Yearley's prior sales at TOL specifically: two of his three completed sales (2025-09-08 and 2024-10-16) were followed by negative 90-day returns, showing a 2-of-3 well-timed pattern at this ticker. His broader cross-ticker track record shows mixed execution—44.44% of his 20 prior sells were well-timed (30-day average +0.5%, 90-day average -1.0%), suggesting neither systematic strength nor systematic weakness in his timing discipline. The current valuation (P/E 10.59) and fundamentals (annual revenue growth +1.1%, net income $210.9M on $2.1B quarterly revenue) offer no obvious distress signal that would explain an urgency to exit.

February 2026
2026-02-26
medium
Yearley Douglas C. Jr. Sell
Chief Executive Officer
45,116 shares
$7,237,609
@ $160.42
Significance 5/10

Toll Brothers CEO Yearley sold 45,116 shares for $7.2M on 2026-02-24, reducing stake by 12.3% to 321,256 shares.

CEO Douglas C. Yearley Jr. executed 2 separate sales totaling 45,116 shares at prices averaging $160.42, near the stock's 52-week peak of $166.12 and significantly above the current price of $158.65. His prior trades at Toll Brothers show a pattern of well-timed exits: 4 of 5 recent sells were followed by negative 90-day returns, including declines of -17.3%, -17.3%, and -16.7%. The current sale occurs after the stock has rallied 10.9% in the last 30 days and 13.5% over 90 days, positioning this trade near local strength. The timing aligns with the insider's historical pattern of selling into momentum rather than capitulating into weakness.

October 2025
2025-10-17
low
Sandstrom Katherine M Buy
68 shares
$8,627
@ $126.87
Significance 3/10

Director Katherine M Sandstrom purchases 68 TOL shares at $126.87; first buy after extended absence from open-market activity.

Sandstrom made her first open-market purchase, acquiring 68 shares at $126.87, bringing her total holdings from zero to 68 shares. The timing of this buy places the shares $8.84 below the current price of $135.71, and at a price within the 52-week range. Her cross-ticker track record shows only 1 prior buy with an average 90-day return of -0.3% and a win rate of 0.00%, providing limited basis for assessing her trading acumen at this company. TOL itself trades at a P/E of 9.51 with annual revenue growth of +8.5% and has risen 16.1% over the past 90 days, though it remains -19.1% from its 52-week high. The small position size and absence of recent insider activity history limit the strength of the signal, though the purchase does represent a fresh directional commitment to the stock.

September 2025
2025-09-10
medium
Yearley Douglas C. Jr. Sell
Chief Executive Officer
20,145 shares
$2,983,106
@ $148.08
Significance 6/10

TOL CEO Douglas Yearley sells 20,145 shares ($2.98M) at $148.08; holdings fall to 266.0K shares. Stock -14.7% from 52-week high, but up +29.5% in 90 days.

Yearley Douglas C. Jr., TOL's Chief Executive Officer, sold 20,145 shares (20.1K shares) at $148.08 on 2025-09-08 for $2,983,105.85 ($3.0M), reducing his holdings from 286.1K to 266.0K shares. His prior four measurable sales at TOL all showed negative 90-day returns (ranging from -16.7% to -17.8%), with all 4 well-timed at the 90-day mark, suggesting a pattern of selling near tactical peaks. However, the broader cross-ticker track record shows poor timing overall (90d well-timed rate 41.18%, below 50%), meaning his past sells have frequently preceded upside rather than declines. The stock is currently $143.20, down -14.7% from its 52-week high of $167.80 yet up +29.5% over 90 days, reflecting a volatile recovery from prior weakness. Strong fundamentals (P/E 10.04, $2.9B quarterly revenue, +8.5% annual growth, $369.6M net income) and a modest $13.8B market cap suggest valuation support, yet the CEO's continued disciplined selling pattern—now his second sale in 11 days—merits tracking against upcoming earnings and macro conditions.

2025-09-02
medium
Yearley Douglas C. Jr. Sell
Chief Executive Officer
25,000 shares
$3,456,385
@ $138.26
Significance 6/10

CEO Yearley sells 25,000 TOL shares at $138.26 (8.0% reduction); 4 of 5 prior TOL sales were well-timed by 90-day mark.

CEO Douglas C. Yearley Jr. sold 25,000 shares of Toll Brothers at $138.26, reducing his holdings by 8.0% to 286,117 shares. This sale follows a strong run: the stock is up 13.4% over 30 days and 27.8% over 90 days, placing the current price $138.28 at -17.6% below the 52-week high of $167.80. His prior trading history at TOL shows a pattern of favorable timing: 4 of 5 recent sales (across 2024 and this month) were well-timed at the 90-day mark, with three sales in September and October 2024 each showing -17.3%, -17.3%, and -16.7% 90-day declines respectively. While his cross-ticker 90-day well-timed rate stands at 41.18%, his actual 90-day returns across all tickers average +0.3%, indicating his sales historically have not predicted sustained declines. The company fundamentals remain solid: $2.9B revenue with +8.5% annual growth, a P/E of 9.69, and net income of $369.6M. This sale appears consistent with Yearley's demonstrated pattern of discretionary selling but does not represent a broad portfolio rebalancing signal.

August 2025
2025-08-28
medium
Connor Martin P. Sell
Chief Financial Officer
5,350 shares
$735,665
@ $137.51
Significance 5/10

CFO Connor Martin sold 5,350 TOL shares at $137.51; stock up 13.0% in 30 days but remains -17.2% from 52-week high.

Connor Martin P., CFO of Toll Brothers, sold 5,350 shares (25.9% of his pre-transaction holdings) on 2025-08-27 at $137.51, realizing $735,665.13 in proceeds and reducing his stake to 15,268 shares. The stock has appreciated 13.0% over the past 30 days and 33.2% over 90 days, trading at $138.88 currently but still -17.2% below its 52-week high of $167.80. His cross-ticker track record shows a 23.08% well-timed rate on prior sells with a 4.7% average 90-day return, though at TOL specifically, only 2 of 5 prior sales showed negative 90-day returns. The company itself shows solid fundamentals with $2.9B in latest quarterly revenue, $369.6M net income, 8.5% annual revenue growth, and a 9.73 P/E ratio. The sale occurs amid recent stock strength, following a pattern of regular portfolio activity at this ticker without clear alignment to market extremes.

2025-08-22
medium
Parahus Robert Sell
President & COO
9,831 shares
$1,286,250
@ $130.84
Significance 5/10

Parahus (President & COO) sold 9,831 shares of TOL at $130.84 on 2025-08-21; stock now at $139.17 (+9.8% in 30d).

Parahus reduced his Toll Brothers stake by 33.3%, selling 9,831 shares for $1.3M at $130.84. The sale occurred when TOL was trading 17.1% below its 52-week high of $167.80, yet the stock has appreciated 9.8% in the 30 days since and 33.5% over the past 90 days. His prior three sales at TOL (most recent 2024-08-23) saw 0 well-timed outcomes at the 90-day mark—the stock rose after each prior sale. Toll Brothers' fundamentals remain solid: revenue of $2.7B in the latest quarter, net income of $352.4M, annual growth of 8.5%, and a low P/E of 9.90. The stock's recent strong performance after this sale aligns with the insider's historical pattern of selling before subsequent gains at this ticker.

December 2024
2024-12-30
medium
Connor Martin P. Sell
Chief Financial Officer
11,140 shares
$1,404,459
@ $126.07
Significance 4/10

CFO Connor Martin sells 11,140 TOL shares at $126.07; reduces stake 35.1%; stock down 24.8% from 52-week high.

Connor Martin P., Chief Financial Officer of Toll Brothers, sold 11,140 shares on 2024-12-30 at $126.07, reducing his holdings from 31,758 to 20,618 shares—a 35.1% reduction. The sale occurred as TOL trades -24.8% from its 52-week high of $167.80 and has declined 23.6% over the preceding 30 days. His prior trades at Toll Brothers show a pattern of inconsistent timing: 1 of 5 prior sales were well-timed at the 90-day mark, with his most recent TOL sale on 2024-09-27 declining 17.5% over 90 days (well-timed). However, three earlier sales in August 2024 captured positive returns, suggesting variability in entry-exit precision. Fundamentals remain solid—the company posted $2.7B in latest quarterly revenue with +8.5% annual growth and a P/E of 7.25—so the sale does not obviously reflect distress, though the magnitude of the reduction and recent price weakness warrant monitoring of his future activity and broader insider behavior at the company.

October 2024
2024-10-16
medium
Yearley Douglas C. Jr. Sell
Chief Executive Officer
25,000 shares
$3,955,635
@ $158.23
Significance 4/10

CEO Yearley Douglas C. Jr. sold 25,000 shares of TOL at $158.23; holds 221,382 post-sale.

CEO Yearley Douglas C. Jr. sold 25,000 shares (10.1% reduction in holdings) at $158.23 on 2024-10-16, representing a $3,955,635.00 transaction. The sale occurred at the 52-week high of $157.58, with the stock up 5.0% over 30 days and 20.0% over 90 days. His cross-ticker track record shows 16 prior open-market sells with a 90-day well-timed rate of 30.00%, though at TOL specifically, prior measurable outcomes from August and September trades show mixed results (30-day returns of +8.6% and +2.0%, respectively). The company trades at a P/E of 10.33 with $2.7B in latest-quarter revenue and annual revenue decline of 2.7%, placing this transaction in a context of modest recent valuation strength against a backdrop of slowing top-line growth. The sale's timing near the 52-week high, combined with the revenue headwind, warrants attention to broader capital allocation patterns and the company's near-term trajectory.

September 2024
2024-09-27
high
Yearley Douglas C. Jr. Sell
Chief Executive Officer
50,000 shares
$7,725,700
@ $154.51
Significance 6/10

CEO Yearley Douglas C. Jr. sold 50,000 TOL shares in 2 tranches for $7,725,700.00 at $154.51 blended average as stock near 52-week high.

Yearley Douglas C. Jr., Chief Executive Officer of Toll Brothers, executed 2 separate sales totaling 50,000 shares for $7,725,700.00 on 2024-09-27, reducing his holdings by -16.9% from 296.4K to 246.4K shares. The sales occurred at $154.01 and $155.01 per share while TOL traded near its 52-week peak of $155.35 (+0.0% from high; stock also gained +9.3% over the prior 30 days and +34.9% over 90 days). At the same-ticker level, the CEO's prior measurable TOL sales show mixed timing: his 2024-03-04 sale posted a +6.1% 30-day return and +2.4% 90-day return (poorly timed for a sell; the stock rose after). The current sale's timing relative to subsequent price action remains unmeasurable, but its execution near the 52-week high at a moment of strong near-term momentum is noteworthy in its context.

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