EVP Angoco sold 6,189 MATX shares at $165.31; prior sales at ticker underperformed with 60% poorly-timed at 90d
Angoco Vic S Jr, Executive Vice President, sold 6,189 shares of Matson at $165.31, reducing his holdings by 29.5% to 14,800 shares. Against the current price of $167.38, the sale executed at a discount to present levels. Examining his prior open-market sales at MATX specifically, 2 of 5 preceding sales were well-timed at the 90-day mark (resulting in negative post-sale returns), while 3 were poorly timed as the stock subsequently rose. This 40% well-timed rate on same-ticker history contrasts with a cross-ticker 90-day well-timed rate of 50.00%, suggesting the timing pattern at this ticker has been less reliable. The company trades at a P/E of 12.80 with annual revenue declining 2.3% year-over-year, providing context for fundamental position but not necessarily constraining the insider's discretionary transaction.