Heller Gregory John

EVP Heller sells 60,000 BATRK shares ($2.6M) at $43.45, reducing stake 80.1%; stock near 52-week high.

Heller Gregory John, serving as EVP, CLO & Secretary, executed a substantial open-market sale of 60,000 shares at $43.45 on 2025-08-21, reducing his holdings from 74,876 shares to 14,876 shares (an 80.1% reduction). The sale occurred at a price 3.9% below the 52-week high of $46.80 and came as the stock was up 11.4% over the preceding 90 days. Across his prior sales at BATRK (2 prior trades), timing outcomes have been mixed: his May 2025 sale preceded a 90-day gain of 6.1%, while his March 2025 sale preceded a 90-day loss of 1.0%. The company remains unprofitable on a full-year basis despite posting quarterly revenue of $312.4M and net income of $29.5M in the latest quarter, with annual revenue growth of 3.4%. The scale of this liquidation—representing an 80.1% reduction in his BATRK position—combined with the stock's proximity to its 52-week high, warrants examination of whether this reflects a structural change in his conviction regarding the security or a reallocation decision.

CLO Heller sells 25,000 BATRK shares at $41.25; retains 14,876; company unprofitable ($-41.4M net income).

Heller Gregory John, EVP, CLO & Secretary, sold 25,000 shares at $41.25 on 2025-05-12 for $1,031,250.00, reducing his holdings by 62.7% from 39,876 to 14,876 shares. The sale occurs in a company reporting negative net income of $-41.4M on quarterly revenue of $47.2M, indicating ongoing unprofitability despite 3.4% annual revenue growth. His same-ticker trade history at BATRK is limited (1 prior sale on 2025-03-03 with a 30-day return of -1.7%), providing minimal basis to assess selling pattern consistency. The transaction price of $41.25 is 6.6% below the 52-week high of $43.97, and the stock is currently at $41.08, reflecting recent price stability; the 30-day performance of +8.6% suggests the sale followed a recovery period.

Heller Gregory John (EVP, CLO & Secretary) sold 25,000 shares of BATRK at $41.00 for $1,025,000.00 on 2025-03-03.

Gregory John Heller sold 25,000 shares (62.7% of pre-transaction holdings), reducing his stake from 39,876 to 14,876 shares. The sale occurred at $41.00, which is 2.1% above the current price of $40.16 and near the top of the 52-week range of $36.10–$43.97. While the size of the reduction is material, the company's most recent quarter showed revenue of $290,674,000.00 and net income of $10,020,000.00, but full-year net income was negative despite annual revenue growth of 3.4%. The transaction reflects a significant portfolio reduction by a senior officer at a company currently unprofitable on an annual basis.