EVP Sepulveda sold 10,000 BPOP shares at $105.07 (near 52-week high). Reduces stake by 24.3%.
Eli Sepulveda, Executive Vice President of Popular Inc., sold 10,000 shares at $105.07 on 2025-01-30, representing a 24.3% reduction in holdings from 41,193 to 31,193 shares. The transaction occurred at a price 1.3% below the 52-week high of $104.28, amid a strong 30-day rally of 9.4% and 90-day appreciation of 15.0%. Sepulveda's prior BPOP sale in November 2023 produced 90-day returns of 15.6%, indicating his previous BPOP timing resulted in a stock that rose after the sale (poorly timed on a sell basis). The company's fundamentals remain solid with net income of $155,323,000 and annual revenue growth of 16.0%, suggesting the sale occurs in a context of operational strength. This transaction is a substantial reduction in personal exposure but lacks sufficient pattern data or forward-looking signals to indicate urgent investor concern.