Director Farrelly Joseph W sells 2,975 shares of CPAY at $375.18 for $1.1M; retains 10,530 shares post-transaction.
Director Farrelly sold 2,975 shares (22.0% reduction in his pre-transaction holdings of 13,505 shares) at $375.18, approaching the 52-week high of $374.48. The stock is up 26.3% over the past 90 days and +8.1% over the past 30 days, indicating strong recent momentum at the time of sale. CPAY's fundamentals show solid growth (annual revenue growth of +9.6%, net income of $276.4M on revenue of $1.0B) with a P/E of 25.47, reflecting a premium valuation. His prior sell at CPAY on 2024-08-29 showed a 30-day return of +0.4%, and his cross-ticker sell history (1 prior sale) averaged +0.4% over 30 days, suggesting his prior open-market sales have not preceded price declines. The sale occurs at an elevated price level relative to the year's range, though timing patterns in his historical sells do not indicate consistent prescience in exiting ahead of weakness.