Audette Matthew J

LPLA President/CFO sold 1,579 shares for $518,900.67; stock down 21.7% from 52-week high at $312.57 current price.

Matthew J Audette executed 6 separate sales totaling 1,579 shares for $518,900.67 across April 14–15, 2026, reducing his holdings by 7.4% to 19,803 shares post-transaction. The blended average sale price of $328.63 sits above the current price of $312.57, though the stock remains -21.7% below its 52-week high of $399.00. At LPLA specifically, his prior 5 trades (all sells dating from Feb–2025) show a 0% well-timed rate at the 90-day mark: the most recent measurable outcome (2025-02-26 sell) posted a +6.2% 90-day return, meaning the stock rose after his sale. His cross-ticker track record spans 20 prior sells with a 50% well-timed rate and -0.8% average 90-day return, indicating mixed execution timing across his portfolio. The company reports a -$29.5M net loss in the latest quarter against $4.6B quarterly revenue, paired with strong +37.2% annual revenue growth and a 39.27 P/E ratio, creating a complex fundamental picture.

CFO Matthew J Audette sells 1,581 shares of LPLA for $506,715.35 as stock falls 18.1% in 30 days and trading near 52-week lows.

Matthew J Audette, President and CFO of LPL Financial Holdings, executed 4 separate sales totaling 1,581 shares for $506,715.35 on 2026-02-26 at blended average price of $320.50. The current price of $300.38 is 24.7% below the 52-week high and has declined 18.1% over the prior 30 days, placing the stock in significant weakness. Audette's prior trades at LPLA show a strong pattern: 4 of 5 prior sells at this ticker were well-timed at the 90-day mark, with the most recent sale one year prior (2025-02-26) followed by a 90-day return of +6.2%, indicating this insider has a track record of selling before declines at this specific stock. The company's latest quarter shows negative net income of -$29,517,000.00 despite strong annual revenue growth of 37.2%, presenting a mixed fundamental picture that may inform the executive's decision to reduce holdings by 6.9% even as the stock trades near depressed valuations.

LPLA CFO Matthew Audette sold 4,588 shares ($1.7M) on 2025-02-26, reducing holdings 21.7%

Matthew J Audette, President and CFO of LPL Financial, sold 4,588 shares at $360.07, reducing his holdings from 21,126 to 16,538 shares—a 21.7% reduction. This is his most recent in a series of LPLA sales: he sold again on 2025-02-05 (four distinct transactions on that date, outcomes not yet measurable). His cross-ticker track record shows 18 prior sells with a 90-day well-timed rate of 0.00%, indicating his prior sales typically preceded stock gains rather than declines. The stock is trading at $361.67, down 5.6% from its 52-week high of $383.33 but up 11.2% over 90 days, though the company shows strong fundamentals with $3.1B in quarterly revenue and 23.2% annual growth. The rapid succession of sales (four on Feb 5, now another on Feb 26) and the significant reduction in personal holdings warrants monitoring, particularly given his lack of well-timed sell execution historically.

CFO Matthew J Audette sells 28,777 shares for $10,507,675.76; reduces stake by 69.3% to 12,763 shares

Matthew J Audette, President and CFO, executed 8 separate sales on 2025-02-05 totaling 28,777 shares for $10,507,675.76 at prices ranging from $360.00 to $368.08, with a blended average of $365.14. This represents a 69.3% reduction in his holdings, from 41,540 shares pre-transaction to 12,763 shares post-transaction. The sale occurred as LPLA stock trades at $369.14, near its 52-week high of $371.05 (-0.5% from peak) and up 10.7% over 30 days and 18.2% over 90 days, reflecting recent strong upward momentum. Historically at this ticker, Audette's 5 prior sells (all on 2024-02-26) generated positive 90-day returns averaging 6.6% to 8.0%, meaning the stock subsequently rose after each prior sale—a 0% well-timed rate at the 90-day mark. The magnitude of this liquidation alongside the stock's proximity to its 52-week high merits investor scrutiny, though the timing context relative to the stock's recent rally and his historical trade outcomes at LPLA warrants further analysis.