CFO Buckley sells 9,957 shares at $116.77 blended average; stock now at $119.33, but down 18.5% from 52-week high
Robert Buckley, Chief Financial Officer, executed 4 separate sales totaling 9,957 shares for $1,162,651.44 on March 16, 2026, at prices ranging from $116.02 to $118.80, reducing his holdings by 9.3% to 96,616 shares. His prior trades at NOVT show a consistent pattern: all 5 prior sells were well-timed at the 90-day mark, with negative returns ranging from -3.0% to -18.5%, suggesting he has successfully anticipated downturns at this specific ticker. The current stock price of $119.33 sits 18.5% below the 52-week high of $146.39, which he sold into during the peak-to-trough decline. However, the company's high P/E of 100.28 and limited net income of $10.7M on $247.8M revenue raise fundamental questions about valuation sustainability that warrant attention to post-transaction performance.