Director Neal P Goldman sells 16,000 shares at $84.84 avg for $1.4M at WFRD, reducing stake by 56.8%
Neal P Goldman executed 2 separate sales totaling 16,000 shares for $1,357,425.87, reducing his holdings from 28,187 shares to 12,187 shares (a 56.8% reduction). The sales occurred at prices ($84.69 and $85.36) near the current price of $85.92 and well above the 52-week low of $52.70, though the stock is 24.1% below its 52-week high of $113.15. At the same ticker (WFRD), Goldman's prior 2 sales on 2024-02-08 and 2024-02-09 posted 90-day returns of +24.1% and +28.7% respectively, indicating those sales were not well-timed (the stock rose after he sold). This current sale occurs in a context of 90-day decline (-22.1%) and annual revenue contraction (-10.8%), though the company trades at a moderate P/E of 16.81 on a $6.2B market cap.