LH EVP Glenn Eisenberg sells 11,711 shares ($2.8M) at $240.43; retains 31,289 shares.
Glenn Eisenberg, Executive Vice President, sold 11,711 shares on 2024-12-02 at $240.43, reducing his position by 27.2% to 31,289 shares post-transaction. At his prior trades at LH (5 same-ticker sales in 2024), only 2 of 5 were well-timed by the 90-day measure, showing inconsistent timing accuracy on this specific security. The current stock price of $237.39 is -3.6% from the 52-week high of $246.22, near elevated multiples with a P/E of 45.56, yet LH's annual revenue contracted -18.2% year-over-year despite $3.3B quarterly revenue and $169.3M net income. The sale follows a 30-day gain of +4.5% but occurs within a context of material revenue headwinds that merit investor attention to underlying business momentum.