Senior Managing Director Stephen Cohen sold 2,179 shares of BlackRock (BLK) for $2.3M at $1,073.87 on 2026-02-11
Stephen Cohen sold 2,179 shares representing a 25.0% reduction in his holdings, leaving him with 6,543 shares post-transaction. At the transaction price of $1,073.87, the stock was 10.9% below its 52-week high of $1,202.59. Historically, Cohen's cross-ticker track record shows 1 prior sell with a 90-day well-timed rate of 100.00%, and his single prior transaction at BlackRock on 2024-02-12 also exhibited negative 90-day returns (-1.1%), indicating that prior sales at this ticker preceded declines. The current price of $1,071.51 is only 0.2% below the transaction price, limiting any visible signal of forward-looking accuracy at this time. The sale occurs in a company generating $6.5B in quarterly revenue with 16.2% annual growth and a P/E of 27.23, maintaining strong fundamentals despite the elevated valuation.