medium
Sell
25,000 shares
$626,751
Significance
5/10
CFO Cross Shawn sold 25,000 shares (25.0K shares) for $626,751.44 ($626.8K) across 2 separate sales on 12/09-12/10 at blended average price $25.07
Chief Financial Officer Shawn Cross executed 2 separate sales totaling 25,000 shares for $626,751.44, reducing his holdings by 30.8% from 81,250 to 56,250 shares. The sales occurred at blended average price $25.07, modestly below the current price of $25.73. Pacira trades at a P/E of 51.46 with full-year net income negative, though the latest quarterly net income was $5,432,000 on revenue of $179,516,000. The 30-day stock performance is +6.7%, positioning this sale in a period of recent gains following a 90-day decline of -5.1%.