CAO Green sells 11,600 GPN shares at $79.99; stock down 33.3% from 52-week high, near 30-year low.
Chief Administrative Officer David Lawrence sold 11,600 shares (14.6% of his pre-transaction holdings) at $79.99, reducing his stake from 79,696 to 68,096 shares. The sale occurred when GPN was trading -33.3% from its 52-week high of $118.25 and down 10.2% over the past 90 days. His two prior sales at GPN (2024-10-31 and 2023-11-02) both saw positive 90-day returns, meaning the stock rose after those sales—neither sale was well-timed at the 90-day mark. The current trading environment shows the stock under pressure: at $78.85 today, it sits near depressed levels relative to recent peaks, though the company maintains solid fundamentals with P/E of 10.67, $2.0B quarterly revenue, and $635.2M net income. The timing and magnitude of this sale merit monitoring given the stock's sharp pullback, but the absence of well-timed prior exits at this ticker limits any strong signal about forward price direction.
CAO David Lawrence sold 31,291 shares of GPN at $104.55; holdings reduced -32.1% to 66,225 shares, $3.3M proceeds.
Green David Lawrence, Chief Administrative Officer, sold 31,291 shares of Global Payments at $104.55 on 2024-10-31, reducing his holdings by 32.1% from 97,516 to 66,225 shares. His prior sell at this ticker on 2023-11-02 was not well-timed: the stock returned +18.4% over the subsequent 90 days, meaning he sold ahead of gains. The current price of $104.44 sits 24.8% below the 52-week high of $138.98, and the stock has gained 6.9% over the past 30 days and 9.2% over 90 days. With a P/E of 19.49 and solid fundamentals (net income $315.1M on $2.6B quarterly revenue), the company shows healthy fundamentals; the sale appears discretionary rather than distressed.
