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KOONCE CALVIN SCOTT

10% Owner

10% Owner
2 filings analyzed · 1 company · Latest 2024-08-30

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Companies

Company Buys Sells Direction
VSE CORP VSEC 0 2 Net selling

Activity

August 2024
2024-08-30 VSE CORP VSEC
medium
Sell
15,300 shares
$1,405,072
Significance 5/10

10% owner Calvin Scott Koonce sells 15,300 shares for $1,405,071.80 across 4 transactions on 2024-08-29

Calvin Scott Koonce, a 10% owner of VSE Corp, executed 4 separate sales totaling 15,300 shares for $1,405,071.80 on 2024-08-29, reducing his holdings from 478,584 shares to 463,284 shares (a -3.2% reduction). The blended average transaction price was $91.83, below the current price of $93.03 and within the 52-week range of $48.47–$93.59. This sale follows a pattern of recent activity at VSEC—the same insider executed 4 prior sales within 2 days (2024-08-27 and 2024-08-28), all outcomes remain unmeasurable at the 30 and 90-day horizons. The broader context shows the stock has risen 4.5% over 30 days and 13.6% over 90 days, and the company carries negative near-term earnings (-$2.8M net income in latest quarter) alongside elevated valuation metrics (P/E of 145.36).

2024-08-29 VSE CORP VSEC
medium
Sell
23,000 shares
$2,061,712
Significance 5/10

10% owner Calvin Scott Koonce sold 23,000 shares at blended $89.64 on Aug 27–28 for $2.1M; 478.6K shares remain.

Calvin Scott Koonce, a 10% owner of VSE Corp, executed 4 separate sales totaling 23,000 shares for $2,061,712.00 across August 27–28, 2024, at prices ranging from $89.44 to $90.11 (blended average $89.64). The current price stands at $92.10, modestly above the transaction prices, and the stock has risen 5.7% over the preceding 30 days and 12.5% over 90 days. Koonce retains a substantial position of 478,584 shares post-transaction, representing a net reduction of 4.6% relative to pre-transaction holdings. The company faces headwinds: annual revenue declined 9.4% year-over-year, the latest quarterly net income is negative at $-2,777,000.00, and the P/E ratio stands at 143.91—indicating elevated valuation given the earnings pressure. The sales were executed near the 52-week high of $93.59 (within 1.6%), a window that may reflect opportunistic liquidity decisions by a major shareholder in a company facing operational and profitability challenges.

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