Director Olivier sold 108,843 shares at blended average $48.46 across 10 transactions, reducing stake 27.9% to 280,721 shares post-transaction.
Duha Olivier, Director at Concentrix Corp, executed 10 separate sales totaling 108,843 shares for $5,274,970.72 across April 15–16, 2025, at prices ranging from $48.19 to $50.08. This represents a 27.9% reduction in her holdings from 389,564 shares to 280,721 shares. The blended average price of $48.46 compares to the current market price of $47.33, placing the sales slightly above today's valuation. The company trades 37.4% below its 52-week high of $75.58 but shows strong fundamentals: annual revenue growth of 35.2%, a P/E of 11.22, and latest quarterly revenue of $2.4B. The scale and deliberate multi-tranche execution suggest a significant reduction in her concentrated position, warranting review of her continued conviction in the name and any concurrent company developments that may have influenced the timing.