Hastings Jonathan J

Senior VP Jonathan J Hastings sold 21.5K MTX shares at $84.35 on 2024-06-18, reducing stake by 28.6% to 53.9K shares ($1.8M transaction).

Jonathan J Hastings sold 21,543 shares at $84.35, representing a 28.6% reduction in his MTX holdings in a single transaction. The sale occurred near the 52-week high (stock at -3.3% from $86.75 peak), following two prior sales six days earlier on 2024-06-12. At MTX specifically, his prior measured sales show mixed outcomes: his 2023-11-30 and 2024-02-20 sells resulted in positive 30- and 90-day returns (+14.2%, +14.3% and +4.7%, +16.9% respectively), indicating the stock rose after those sales, which is poorly timed for a seller. His cross-ticker track record shows an average 90-day return of +15.6% post-sale with 0.00% well-timed rate, further indicating his prior sales have generally preceded gains. This transaction's placement near the 52-week high and repeated selling activity at MTX within days warrant monitoring for any emerging operational or strategic concerns at the company.

SVP Jonathan Hastings sells 8,964 shares for $765,679.37; holds 53,862 post-transaction.

Jonathan Hastings, Senior Vice President of Minerals Technologies, executed 2 separate sales totaling 8,964 shares for $765,679.37 on 2024-06-12 at a blended average price of $85.42, reducing his holdings by 14.3% to 53,862 shares. At the time of sale, the stock was trading near its 52-week high of $86.75 (the transaction occurred at $85.42, just 1.9% below the peak). His prior sell on 2024-05-21 at the same ticker has not yet reached measurable 30-day or 90-day return outcomes, while his two completed prior sales at MTX generated positive 90-day returns (16.9% and 14.3%), indicating those earlier exits preceded stock appreciation rather than declines. The cross-ticker track record shows a 0.00% well-timed rate across 3 prior sells, meaning none of those sales were followed by stock declines within 90 days; on average they were followed by +15.6% returns over 90 days. The sale occurs against a backdrop of modest fundamentals (P/E of 28.34, annual revenue growth of 2.1%, and recent quarterly net income of $46,700,000.00 against revenue of $534,500,000.00) and current price of $82.48, which is 3.4% below the transaction price.