Galbraith Daniel sold 39,207 shares (91.1% of holdings) at $40.00 on 2025-05-13 for $1,568,280; stock down 30.7% from 52-week high.
Galbraith Daniel executed a substantial liquidation of his BWIN position, selling 39,207 shares (-91.1% vs pre-transaction holdings) for $1,568,280.00, reducing his stake to 3,849 shares. The transaction occurred at $40.00 per share; since then the stock has declined to $38.30, down 30.7% from its 52-week high of $55.29 and down 11.8% over the past 30 days. His cross-ticker track record shows 7 prior sales with an average 90-day return of +2.2% and a well-timed rate of 14.29%, indicating mixed execution; his prior BWIN sale on 2024-08-29 achieved a 90-day return of +5.2% but was not well-timed at the 90-day mark. The company reported $413.4M quarterly revenue with +14.0% annual growth but was unprofitable over its most recent full fiscal year, creating a backdrop where a near-complete exit by this insider warrants investor attention to whether he perceives deteriorating fundamentals or value realization.