10% owner DING CHUN R sold 339,800 shares for $16.8M on 2025-07-01 at blended average $49.53, reducing stake to 3.31M shares.
DING CHUN R, a 10% owner, executed three separate sales totaling 339,800 shares for $16,830,151.31 at an average price of $49.53 per share. This represents a 9.3% reduction of his pre-transaction holdings of 3.64M shares, leaving him with 3.31M shares post-sale. The sale occurred at prices notably higher than the current price of $46.72, reflecting a 52-week high of $55.02 and a recent 90-day surge of 110.0%, suggesting the insider sold into strength. Notably, the company is unprofitable with full-year negative net income of $-106.2M despite 34.9% annual revenue growth, and his cross-ticker track record shows 100% 90-day win rate on 4 prior buys at an average 90-day return of 37.5%, establishing a pattern of well-timed discretionary transactions. The timing and scale of this sale against the backdrop of strong recent stock appreciation and persistent operating losses merit investor attention.