Belknap Keith L Jr

Belknap Keith L Jr (EVP, General Counsel) sold 80,738 shares of BZH at $33.06 on 2024-07-16, reducing holdings by 53.5% to 70,081 shares post-transaction.

Belknap sold a substantial portion—80,738 shares (53.5% of pre-transaction holdings)—in a series of transactions at BZH, with this specific trade on 2024-07-16 at $33.06 for $2,669,359.76. The sale occurred near the 52-week high ($35.43), with the stock currently trading 7.1% below that peak. Across his prior four trades at BZH, two measurable outcomes showed mixed results: a -2.0% return 30 days post-sale (2024-05-07) and a +1.6% return 30 days post-sale (2024-05-06), with no 90-day outcomes yet available to assess longer-term timing quality. The company's fundamentals show modest weakness—annual revenue declined 4.8% year-over-year and net income of $39.2M on $541.5M quarterly revenue—while valuation at a P/E of 6.47 remains compressed relative to broader market multiples. The large reduction in equity stake, combined with the series of consecutive sales (including trades on 2024-07-15 and 2024-07-12), represents a meaningful shift in personal exposure to this business.

BZH EVP & General Counsel Belknap sold 26.8K shares in 2 transactions for $828.2K; stock up 26.8% in 90 days

Belknap Keith L Jr executed two separate sales totaling 26,762 shares for $828,248.26 at blended average price $30.95 on 2024-07-12 and 2024-07-15, reducing his holdings by 15.1% from 177,581 to 150,819 shares. At current price $33.04, the stock has appreciated 6.8% above the transaction blended average and posted a 26.8% 90-day return, substantially outperforming his cross-ticker sell track record average 90-day return of -0.2%. The sales occurred against a backdrop of deteriorating fundamentals: annual revenue declined 4.8% year-over-year, and the company carries a below-market P/E of 6.49 on quarterly net income of $39.2M. The magnitude of the liquidation and its timing relative to subsequent price strength warrant monitoring of whether this reflects either portfolio rebalancing or forward-looking sentiment about near-term capital needs.