Director Singer Bradley E sold 42,730 shares of SG at $38.09 (Nov 2024); holdings reduced 23.5% to 139,052 shares.
Bradley E Singer, a director of Sweetgreen Inc., executed a substantial open-market sale on 2024-11-20, liquidating 42,730 shares at $38.09 and reducing his total position by 23.5%. The timing of this sale is noteworthy: the stock is currently trading at $37.90, only -10.2% from its 52-week high of $42.20, indicating the sale occurred near peak valuations. Examining Singer's prior sale at SG on 2024-05-16 reveals a 90-day return of +4.9%, meaning the stock rose after that earlier sale—a poorly-timed outcome. His cross-ticker track record shows 1 prior sell with 0 well-timed results at the 90-day mark, establishing no demonstrated pattern of selling before declines. The company remains unprofitable with a net loss of $20.8M on $173.4M in quarterly revenue, though annual revenue growth stands at 24.2%, highlighting a tension between growth trajectory and current profitability.