E.V.P. Ellis Wendy sells 18,854 shares at ~$93/share for $1.75M, reducing stake by 74.6%
Ellis Wendy, Executive Vice President, General Counsel & Corporate Secretary, executed two separate sales on 2025-03-04 totaling 18,854 shares for $1,753,804.12, reducing her holdings from 25,289 shares to 6,435 shares—a 74.6% reduction. The blended average price of $93.02 sits just 0.6% below the current price of $93.62, and within the 52-week range of $57.56–$113.75, where the stock has declined 17.7% from its high. At a P/E of 25.51 and market cap of $9.5B, DTM trades with elevated valuations, while the company's latest quarter showed $248.0M in revenue and $88.0M net income. The magnitude of the stake reduction and the executive's title suggest a material portfolio decision by a senior officer; however, no FLAGS indicating a scheduled trading plan are present, leaving the discretionary intent of the transaction open to investor scrutiny.