10% owner Famatown Finance sold 456,362 shares for $34,464,187.63 across two days, blended at $75.52; holds 7.81M shares post-sale.
Famatown Finance Ltd executed two separate sales totaling 456,362 shares for $34,464,187.63 at a blended average price of $75.52 on March 9–10, 2026, reducing holdings from 8.27M to 7.81M shares (-5.5%). The transactions occurred near the 52-week high of $76.50, with the stock currently trading at $66.74 (-12.8% from that peak). Despite the recent 30-day gain of +10.1% and 90-day surge of +37.5%, the company's annual revenue contracted 11.4% year-over-year while trading at a P/E of 29.93 on market cap of $3.3B. This substantial exit by a principal shareholder at elevated prices warrants investor attention regarding conviction at current valuation levels.