CEO David Findlay sells 9,643 shares of LKFN at $75.51; prior two sales at this ticker both negative at 90-day mark
CEO David M Findlay sold 9,643 shares at $75.51 on 2024-11-12, reducing holdings from 114,673 to 105,030 shares. His prior two open-market sales at LKFN (on 2024-03-13 and 2024-02-05) both resulted in negative 90-day returns of -10.4% and -5.8% respectively, establishing a pattern of well-timed exits at this ticker. The current price of $74.25 is -1.8% from the 52-week high of $75.64, and the stock has appreciated +15.4% over the past 30 days and +18.8% over 90 days—suggesting this sale occurs near a local peak. The timing is notable given the CEO's demonstrated accuracy in prior exits, though the company's annual revenue growth is -2.1% and P/E stands at 19.14. Investors should monitor whether the stock's post-trade performance aligns with the insider's historical pattern.