FLASCHEN DAVID J S

Director FLASCHEN purchases 20.0K shares of TTGT at $5.97; stock down 81.7% from $33.19 high, company unprofitable.

Director David J Flaschen purchased 20,000 shares at $5.97 on 2025-09-12, establishing an initial stake in TechTarget. The purchase occurs at a price that is 81.7% below the 52-week high of $33.19, in a company posting net income of $-398.7M against quarterly revenue of $119.9M. Flaschen's cross-ticker track record shows 10 prior buys with an average 90-day return of 4.3%, but his 10 prior sales were poorly timed (average 90-day return of 4.9%, indicating the stock rose after his exits). The present transaction represents a new director purchase at depressed valuation, though the company's sustained unprofitability and recent 8.8% 90-day decline warrant investor scrutiny of the underlying business fundamentals alongside this insider activity.

Director David Flaschen sold 14,434 shares of PAYX for $1,807,251.69 via 2 separate transactions at $125.21–$125.22

On 2024-08-05, Director David Flaschen executed 2 separate open-market sales totaling 14,434 shares for $1,807,251.69, reducing his holdings by 72.8% from 19,817 to 5,383 shares. This is a material reduction in stake at a price point near the 52-week high ($128.79), with the stock currently at $125.22 and recently up 6.5% over the past 30 days. Flaschen's cross-ticker sell track record shows a 0.00% well-timed rate (no prior sells were well-timed as measured by subsequent decline), and his 5 prior trades at PAYX (all sells on 2024-05-24 and 2024-07-26) generated small positive 30-day returns averaging around 1%, suggesting his recent sells have not preceded price declines. The substantial reduction in holdings warrants tracking whether it signals a shift in his view of the company's outlook or valuation.

Director David J. Flaschen sells 9,615 PAYX shares at $125.60; reduces stake by 64.1% to 5,383 shares

David J. Flaschen, a director at Paychex, sold 9,615 shares at $125.60 on 2024-07-26, reducing his holdings from 14,998 shares to 5,383 shares—a 64.1% reduction in his position. The sale occurred when PAYX was trading 0.7% below its 52-week high of $128.79, while the stock is up 7.9% over the prior 30 days and 7.1% over 90 days. His prior trades at PAYX show a 0% well-timed rate at the 90-day mark (0 of 1 measurable prior sales captured a subsequent decline), and his cross-ticker sell track record reflects a 0.00% well-timed rate across 7 historical sales. The substantial reduction in Flaschen's direct ownership warrants observation in context of the company's strong fundamentals: $1.4B revenue and $180.4M net income in the latest quarter, with 5.4% annual revenue growth.