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EdgarHawk

Edelman Oded

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Officer
4 filings analyzed · 1 company · Latest 2024-10-24

Companies

Company Buys Sells Direction
SIGNET JEWELERS LTD SIG 0 19 Net selling

Activity

October 2024
2024-10-24 SIGNET JEWELERS LTD SIG
high
Sell
14,000 shares
$1,324,446
Significance 6/10

CFO Edelman sells 14,000 shares (42.9% of holdings) at $94.60 avg; stock down 6.6% in 30 days post-sale.

Edelman Oded executed two separate sales totaling 14,000 shares for $1,324,446.20, reducing holdings from 32,666 to 18,666 shares (a 42.9% reduction). The sales occurred at $95.40 and $93.81 on consecutive dates, with a blended average price of $94.60, occurring as SIG stock traded -15.2% from its 52-week high of $109.49. The company's fundamentals show revenue of $1,491,000,000.00 against net income of $-98,500,000.00 and annual revenue decline of -8.6%, indicating operational headwinds. In his prior trades at SIG (5 distinct sales in September 2024), Edelman's 30-day post-sale returns ranged from +6.3% to +8.6%, consistently positive—suggesting his recent September sells preceded modest price gains. This current October sale occurs with the stock already down 6.6% over the prior 30 days, marking a shift in post-sale price direction compared to his September pattern at the same ticker. The combination of material share reduction, unprofitable earnings, declining revenues, and the stock's downward price action in the 30-day window following this sale warrants investor attention to underlying business performance.

September 2024
2024-09-18 SIGNET JEWELERS LTD SIG
high
Sell
18,000 shares
$1,680,154
Significance 6/10

Edelman sold 18,000 SIG shares across 6 transactions for $1.7M, reducing holdings to 1.4K (92.8% reduction).

Oded Edelman executed 6 separate sales totaling 18,000 shares for $1,680,153.96 across September 17–18, 2024, reducing his post-transaction holdings to 1.4K shares from a pre-transaction position of 19.4K shares. This represents a near-complete exit (92.8% reduction) at prices ranging from $92.82 to $94.83, with a blended average of $93.34. His recent sales at SIG show a pattern of positive 30-day returns (16.8% to 22.5%) following his five prior August trades, suggesting he has consistently sold into strength. Against this backdrop, the company faces headwinds: annual revenue declined 8.6% year-over-year, the latest quarter reported a net loss of $98,500,000, and the P/E of 5.39 sits below historical norms, though the stock has gained 20.9% over the past 30 days from depressed levels. The scale and timing of this liquidation warrant monitoring to assess whether it signals a material shift in insider confidence or reflects portfolio rebalancing unrelated to company fundamentals.

August 2024
2024-08-15 SIGNET JEWELERS LTD SIG
high
Sell
18,000 shares
$1,369,078
Significance 6/10

Edelman sold 18,000 SIG shares for $1.4M at avg $76.06; now holds 19.4K; stock -28.6% from 52-week high, revenue declining -8.6% YoY.

Edelman executed 5 separate sales totaling 18,000 shares for $1,369,077.54 across August 14–15, reducing holdings by 48.1% to 19.4K shares. The blended average transaction price of $76.06 is below current price of $78.18 but well below the 52-week high of $109.49; the stock is -28.6% from that peak and -11.7% over 30 days. At the company level, annual revenue is declining -8.6% year-over-year despite a strong P/E of 4.52, signaling either market-perceived headwinds or an undervalued position. Notably, Edelman's cross-ticker sell track record shows a 90-day well-timed rate of 60.00%, but prior trades at SIG (5 recent sales on July 17–18) remain outcomes-not-yet-measurable at the 90-day mark, providing no established pattern for this ticker specifically.

July 2024
2024-07-19 SIGNET JEWELERS LTD SIG
high
Sell
18,000 shares
$1,558,008
Significance 6/10

Edelman sells 18,000 shares (32.5% of holdings) at $86.56 avg; stock now -23.0% from 52-week high

Edelman Oded executed 6 separate sales totaling 18,000 shares for $1,558,008.07 between July 17–18, 2024, reducing his SIG holdings from 55.4K to 37.4K shares (a 32.5% reduction). The blended average sale price of $86.56 occurred when the stock was already trading near the midpoint of its 52-week range; the stock has since declined to $84.29, representing -23.0% from its 52-week high and -7.6% over the prior 30 days. Examining his prior trades at SIG, Edelman's five prior sells at this ticker showed mixed timing: 2 of the November 2023 sales preceded gains (+25.5% and +27.7% at 30d), while the July 2023 sales preceded declines. His cross-ticker track record shows an average 90-day return of +8.7% after sells with a 60.00% well-timed rate, but this current transaction's forward timing outcome remains early. The scale of the reduction (nearly a third of his position) combined with the stock's subsequent weakness warrants monitoring of his ongoing conviction at this holding level.

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