Douglas Richard DeSchutter (Co-President ICS, BR) sold 4,903 shares at $245.76 on 2025-06-06, reducing holdings 23.2%, for $1,204,966.18.
Douglas Richard DeSchutter sold 4,903 shares of Broadridge Financial Solutions at $245.76 on 2025-06-06, realizing $1,204,966.18 and reducing his holdings by 23.2%, from 21,166 shares to 16,263 shares. This is his second discrete sale in 10 days—he sold shares on 2025-05-27 as well—indicating active position reduction near the 52-week high ($246.25, just 0.4% above this transaction). His prior sells at Broadridge have shown mixed outcomes: three sales on 2024-11-07 each returned +6.9% at 30 days and +9.0% at 90 days, while a 2024-03-07 sale returned -1.0% at 30 days and -3.3% at 90 days, with only 25% of prior sales at this ticker being well-timed at the 90-day mark. His cross-ticker track record shows a 33.33% well-timed rate on sells, suggesting below-average timing skill. Broadridge trades at a P/E of 36.56 with $1.8B quarterly revenue and 7.4% annual growth, making current valuation a material context for near-peak-price selling activity.