DeMare James P

Co-President DeMare sold 83.8K BAC shares at $50.00 (Mar 4); stock now -15.0% from 52-week high.

DeMare James P sold 83,832 shares of Bank of America at $50.00, reducing his holdings by 21.4% to 307,240 shares post-transaction. The timing relative to current price ($48.64) shows a modest execution advantage of approximately 1.4%, though the stock has declined 12.2% in the 30 days following the transaction and currently trades 15.0% below its 52-week high of $57.25. His cross-ticker track record shows 2 prior sells with a 50.00% well-timed rate at the 90-day mark, though at Bank of America specifically his prior two sales showed mixed timing—a well-timed 2025-08-01 sale followed by a poorly-timed 2023-08-01 sale. Bank of America's fundamentals remain solid with $28.1B quarterly revenue, $8.5B net income, and a P/E of 10.57, suggesting the sale occurred against a backdrop of reasonable valuation rather than deteriorating business conditions.

President of Global Markets at BAC sells 148.4K shares ($6.8M) at $45.57; reduces stake by -39.9%

DeMare, President of Global Markets, sold 148,391 shares (148.4K shares) on 2025-08-01 for $6,761,732.70 ($6.8M), reducing his BAC holdings from 371,798 to 223,407 shares (-39.9% vs pre-transaction holdings). His cross-ticker track record shows 1 prior sell with an avg 90d return of -18.5% and a 90d well-timed rate of 100.00%, indicating past sells have preceded price declines. At this ticker specifically, his 2023-08-01 sale showed -18.5% 90-day performance, and this current trade executed at $45.57 while the stock now trades at $45.66 (current price). The stock is -6.7% from its 52-week high of $48.93 and down -6.3% over the past 30 days, though up +11.2% over 90 days. The substantial reduction in holdings—nearly 40% of his pre-transaction position—represents a material shift in personal exposure to the company, warranting investor scrutiny of the decision and timing.