EVP Sayman Ersan sold 19,309 shares of FND at $107.00 for $2,066,063; -29.5% of holdings.
Sayman Ersan, EVP of Merchandising, sold 19.3K shares on 2024-08-19 at $107.00, reducing holdings by 29.5% from 65,385 to 46,076 shares. His cross-ticker track record shows 1 prior sell with a 90-day well-timed rate of 100.00%, and at FND specifically, his May 2024 sale (30d +0.1%, 90d -10.6%) proved well-timed, indicating a pattern of selling before subsequent declines. The current stock price of $108.67 sits -18.8% from the 52-week high and +15.6% from 30 days ago, suggesting recent momentum that may have preceded the sale. The company's P/E of 55.44 and modest revenue growth of 3.5% reflect a mature business trading at a premium valuation, creating context for why significant insider liquidation warrants investor attention.