Director Greg C. Gantt sells ~22K shares of ODFL in single day; stock down from recent highs amid softer fundamentals
Greg C. Gantt, a director at Old Dominion Freight Line, liquidated approximately 22,000 shares across four transactions totaling roughly $4.2 million on a single day. This is a substantial one-time reduction—totaling roughly 21% of his holdings. While the timing coincides with the stock trading below its recent highs and down modestly over the past month, the company remains profitable with solid absolute earnings, though the business is contending with declining revenue on a year-over-year basis. For a director overseeing operational strategy, the sale's concentration in a single day and magnitude suggests either portfolio rebalancing or a more cautious stance on the stock's near-term trajectory, particularly noteworthy given that the company's valuation has expanded significantly relative to recent earnings. Investors should weigh this liquidation against Gantt's historical trading patterns to distinguish between routine diversification and a signal of diminished conviction.
Director Greg C Gantt sells 12,024 ODFL shares at $196.43; prior 5 ODFL trades all well-timed at 90-day horizon
Director Greg C Gantt sold 12,024 shares (12.0K shares) of Old Dominion Freight Line, Inc. at $196.43 on 2026-02-09, reducing his holdings by 9.8% to 110,658 shares. The sale occurred when the stock was trading -7.1% from its 52-week high of $209.29, yet up 40.1% over the prior 90 days. This sale is notable for its consistent pattern with Gantt's prior ODFL trading behavior: all 5 prior trades at this ticker were sells that proved well-timed at the 90-day mark, with outcomes ranging from -21.1% to -1.6%, demonstrating a perfect 5-of-5 well-timed rate. His cross-ticker track record also shows a 100.00% well-timed rate on 6 prior sells with -5.1% average 90-day return, suggesting consistent ability to execute sells ahead of subsequent declines. The current price of $194.49 is already -1.1% below the sale price, positioning this trade early in a potential similar pattern.
Director Greg C Gantt sold 6,414 ODFL shares at $205.87; 5 prior ODFL sales all well-timed with negative 90-day returns.
Director Greg C Gantt sold 6,414 shares (6.4K shares) of OLD DOMINION FREIGHT LINE, INC. (ODFL) at $205.87 on 2025-02-13, reducing holdings by 5.8% to 104,266 shares. This sale extends a consistent pattern: all 5 of his prior ODFL trades were also sales, and each of those sales yielded negative 90-day returns, meaning the stock subsequently declined after he sold. His cross-ticker track record shows a 100.00% well-timed rate across prior sales, with an average 90-day return of -2.8%, indicating consistent ability to precede downturns. The current stock price of $206.34 is -11.0% from the 52-week high of $231.84, though the 30-day performance has been positive (+10.4%), suggesting recent strength. ODFL's P/E of 35.39 and annual revenue decline of -6.3% provide context for the valuation pressure the insider may be anticipating.
Director Gantt sells 7,000 ODFL shares at $200.07; 90d timing track record 100% well-timed, extends pattern from 4 prior sales at same ticker
Gantt, a director, sold 7,000 shares of Old Dominion Freight Line at $200.07 on 2024-10-28, reducing his stake from 104.9K to 97.9K shares. His cross-ticker track record shows 4 prior sells with a 100.00% 90-day well-timed rate (all followed by stock declines), and his same-ticker history at ODFL demonstrates all 4 prior sales at this ticker were also well-timed at the 90-day horizon, with negative returns averaging -2.9% over 90 days. This current sale extends a consistent pattern of sales executed before subsequent price weakness; given the stock's current valuation at P/E 33.78 and recent annual revenue decline of -6.3%, the timing alignment with his prior pattern warrants investor attention to whether this signals continued underlying softness.
Director Gantt sells 25,000 ODFL shares at blended $202.02 for $5.1M; retains 95.9K shares.
Gantt Greg C, a director at Old Dominion Freight Line, executed 4 separate sales totaling 25,000 shares for $5,050,484.10 on 2024-07-29 at prices ranging from $200.92 to $204.10. This reduction represents a -20.7% decrease in his post-transaction holdings (95.9K shares remaining). The sales occurred when ODFL was trading near its 52-week highs and at a P/E of 36.62, while the company faces headwinds reflected in -6.3% annual revenue growth, suggesting the insider exercised liquidity at elevated valuations. The filing involves a structured multi-lot liquidation at premium prices relative to the company's current operational momentum, warranting investor scrutiny of director conviction in the business outlook.
