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EdgarHawk

NEUPAVER ALBERT J

Director

Director
2 filings analyzed · 1 company · Latest 2024-11-12

Companies

Company Buys Sells Direction
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP WAB 0 7 Net selling

Activity

November 2024
Sell
10,000 shares
$2,020,001
Significance 6/10

Director Albert J Neupaver sold 10,000 WAB shares at $202.00 on 2024-11-11; holds 604,447 shares post-sale. 90d timing track record is 100.00% well-timed.

Neupaver, a director of Westinghouse Air Brake Technologies, sold 10,000 shares at $202.00, reducing his position by 1.6% to 604.4K shares. The sale price is within 0.9% of the 52-week high of $201.17, and the stock has appreciated 6.0% over the prior 30 days and 27.7% over 90 days. Critically, across Neupaver's five prior sales at WAB, his 90-day timing pattern shows 3 of 3 measurable prior sales were well-timed, with two recent sells occurring on 2024-10-30 (outcomes not yet measurable). His cross-ticker track record shows a 100.00% well-timed rate on sells (negative average 90d return of -7.5%), suggesting a consistent ability to execute sales before subsequent declines. The fundamental context—$2.7B in quarterly revenue, +15.7% annual growth, and a P/E of 32.35—reflects a strong financial position, but the director's sequential sell activity this month warrants attention to whether he perceives valuation or near-term headwinds.

Sell
35,722 shares
$6,740,603
Significance 6/10

Director Albert J Neupaver sold 35,722 shares at blended avg $188.70 ($6.7M); holds 614.4K post-sale. 3 prior WAB sales all well-timed at 90 days.

Director Neupaver completed 2 separate sales totaling 35,722 shares for $6,740,603.10 on 2024-10-30, reducing his holdings from 650,169 to 614,447 shares. His cross-ticker track record shows a 100.00% 90-day well-timed rate across all prior open-market sales, and at WAB specifically, all 3 prior sales demonstrated negative 90-day returns (the most recent on 2024-04-30 showing 30-day +4.6% followed by 90-day -1.0%, and earlier sales in August 2023 posting 90-day declines of -10.4% and -11.2%). The current stock price of $186.84 is -2.2% from the 52-week high of $191.15, and the company's fundamentals remain robust with annual revenue growth of +15.7%, a P/E of 30.33, and market cap of $32.1B. This sale's timing relative to WAB's near-peak valuation and the director's established pattern of selling before subsequent declines warrants monitoring of near-term price action and any material updates to the company's forward guidance.

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