SVP Blake sells roughly half his Noble Corp stake; prior exits at this stock have shown poor timing.
Denton Blake, SVP of Marketing & Contracts, sold approximately half his Noble Corp holdings in a single transaction. This represents his third sale at Noble on record, following two prior dispositions—though the outcome of his oldest sale remains too recent to evaluate. His most recent prior sale at Noble earlier this year saw the stock rise afterward, indicating poor timing on that exit. The company itself is profitable and growing revenue, and the stock remains slightly below its year highs, but Blake's divestiture adds to a pattern of open-market sales with no open-market purchases in his filing history. The sale occurred as the stock pulled back modestly from recent peaks, though it is still elevated compared to its 52-week low.