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EdgarHawk

ALEMAN AURELIO

President and CEO

Director Officer
3 filings analyzed · 1 company · Latest 2025-08-26

Companies

Company Buys Sells Direction
FIRST BANCORP /PR/ FBP 0 4 Net selling

Activity

August 2025
2025-08-26 FIRST BANCORP /PR/ FBP
medium
Sell
50,000 shares
$1,114,925
Significance 5/10

CEO Aurelio Aleman sold 50,000 FBP shares at $22.30; stock at 52-week high.

Aurelio Aleman, President and CEO of First BanCorp, sold 50,000 shares (50.0K shares) for $1,114,925.00 on 2025-08-22 at $22.30, reducing his holdings by 50,000 shares from 1,109,547 to 1,059,547 shares. The sale occurred at the 52-week high ($16.84–$22.30), with the stock up 5.5% over the prior 30 days and 10.2% over 90 days. Looking at his same-ticker history at FBP, 3 of 5 prior sells exhibited negative 90-day returns, indicating occasional well-timed exits, though the two most recent sales in July 2024 (-1.5% and -0.9% at 30 days) were followed by sharper declines at 90 days (-9.0% and -12.7%), while his broader cross-ticker track record shows a 60.00% well-timed rate with an average 90-day return of -2.7% after sells. The company fundamentals remain sound (revenue $246,809,000.00, net income $80,180,000.00, P/E of 11.68), providing context that this sale occurs within a company operating profitably and growing at 6.0% annually.

November 2024
2024-11-13 FIRST BANCORP /PR/ FBP
medium
Sell
50,000 shares
$1,081,960
Significance 5/10

FBP CEO Aleman sold 50,000 shares at $21.64 on 2024-11-11; stock near 52-week high of $22.20, holds 1,045,261 shares post-sale.

ALEMAN AURELIO, President and CEO, sold 50,000 shares (50.0K shares) at $21.64, reducing his holdings by 4.6% to 1,045,261 shares (1.05M shares). The transaction price of $21.64 is within 4.0% of the 52-week high of $22.20, and the stock is up 6.2% over 90 days and 0.8% over 30 days, indicating a strong recent momentum environment. His same-ticker history at FBP shows 4 prior sells, with mixed timing outcomes: 2 of the 4 prior sells at this ticker were well-timed at the 90-day mark (sales preceded declines), while 2 were not. His cross-ticker track record across all open-market sales shows a 50.00% well-timed rate with an average 90-day return of -2.5%, suggesting modest predictive accuracy at best. The company fundamentals appear solid: annual revenue growth of 17.3%, P/E of 11.52, and net income of $73.7M on revenue of $234.6M. The sale occurs in a context of near-peak valuations and recent stock strength, with limited signal of concern given the CEO maintains substantial holdings of 1,045,261 shares.

July 2024
2024-07-31 FIRST BANCORP /PR/ FBP
low
Sell
100,000 shares
$2,156,955
Significance 4/10

FBP CEO Aurelio Aleman sold 100,000 shares for $2,156,955.00 over 2 days at $21.62–$21.52.

Aurelio Aleman, President and CEO, executed 2 separate sales totaling 100,000 shares for $2,156,955.00 at prices ranging from $21.62 to $21.52 on 2024-07-29 and 2024-07-30, reducing his holdings from 1,195,261 shares to 1,095,261 shares. The blended average price of $21.57 sits near the current price of $21.45, and the stock is within -1.7% of its 52-week high. His prior two sales at FBP occurred on 2024-03-05 and 2023-12-07; the 90-day outcomes after those trades showed mixed results (+1.6% and +10.0% respectively), with 0 of 2 prior sells well-timed at the 90-day mark. The company's fundamentals remain solid with annual revenue growth of +17.3%, a P/E of 11.66, and net income of $73,458,000.00 in the latest quarter. This sale represents an 8.4% reduction in Aleman's pre-transaction holdings.

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