Ice Mountain LLC

Ice Mountain LLC sold 8,912,500 shares of ZWS for $299,460,000 on 2025-02-13, reducing stake by 37.3% to 15,002,819 shares

Ice Mountain LLC executed a substantial open-market sale of 8,912,500 shares at $33.60 on 2025-02-13, reducing its holding from 23,915,319 shares to 15,002,819 shares—a material 37.3% reduction in stake. The trade price of $33.60 sits below the current price of $35.79 and well below the 52-week high of $40.92, though the stock is down 6.3% over 30 days and 7.8% over 90 days from recent peaks. ZWS trades at a P/E of 32.83 against fundamentals showing $410.0M quarterly revenue and $43.5M net income with 2.4% annual revenue growth. Critically, Ice Mountain's prior five trades at this ticker show a 0 of 5 well-timed rate at the 90-day horizon, with the most recent June 2024 sales followed by positive returns ranging from +3.7% to +23.6%—a pattern that contrasts sharply with this insider's cross-ticker 68.75% well-timed sell rate, suggesting prior ZWS sales preceded stock appreciation rather than declines. This sale's timing relative to future price action will clarify whether this represents a departure from the insider's track record at this specific ticker.

10% owner Ice Mountain LLC sells 111,760 shares of ZWS at $29.07; stock down 5.8% in 30 days, 9.6% in 90 days

Ice Mountain LLC, a 10% owner, sold 111,760 shares at $29.07 on 2024-07-02, reducing holdings by 0.5% to 23,454,164 shares. This sale occurred as ZWS stock has declined 5.8% over the prior 30 days and 9.6% over 90 days, trading 13.1% below its 52-week high of $33.47. Across all prior open-market sales, the insider's track record shows a 100% well-timed rate at the 90-day horizon (average 90-day return of -8.1%), but this same-ticker history at ZWS shows 5 recent sales (June 10, 12, 18, 20, 28) with outcomes still not yet measurable. The stock's P/E of 40.39 reflects elevated valuation against recent revenue growth of 19.4% and net income of $34.3M on quarterly revenue of $373.8M, establishing context for whether the liquidation reflects rational execution or market-driven positioning.

10% Owner Ice Mountain LLC sells 100,000 ZWS shares at $29.04; remains largest holder with 23.57M shares post-sale

Ice Mountain LLC, a 10% owner of Zurn Elkay Water Solutions, sold 100,000 shares (100.0K shares) at $29.04 on 2024-06-28 for $2,904,000.00, reducing holdings by just -0.4% to 23,574,164 shares (23.57M shares). The transaction occurred while ZWS traded near mid-range of its 52-week band ($25.39–$33.47), and the stock has since declined -6.8% over 30 days and -9.9% over 90 days from the sale date. Ice Mountain's same-ticker history at ZWS shows five consecutive sales in June–July 2024 (2024-06-10 through 2024-07-02), indicating a discrete selling program rather than a one-off transaction. The cross-ticker track record shows the insider's 15 prior sells averaged -0.7% 30-day returns, though outcome data for the recent same-ticker sales remain unmeasurable. The persistence of a large 23.57M-share stake post-transaction signals continued significant ownership alignment despite the sequential reduction activity.

Ice Mountain LLC (10% owner) sold 36,938 shares of ZWS at $30.44 on 2024-06-20; stock now -10.1% from 52-week high.

Ice Mountain LLC sold 36,938 shares at $30.44, representing -0.2% of its 23.68M-share post-transaction holdings in ZWS. The sale occurred as the stock has declined -5.8% over 30 days and -6.8% over 90 days, trading at $30.10 currently, -10.1% below its 52-week high of $33.47. Across Ice Mountain's prior five trades at ZWS, the two measurable sales (2024-05-24 and 2024-05-22) posted 30-day returns of -4.7% and -7.5% respectively. With only 0 of 0 prior sells showing well-timed 90-day outcomes at this ticker, the timing pattern at ZWS provides no evidence of prescient exits, and the stock's subsequent weakness does not itself establish foresight given the small sample and recent initiation of the selling sequence.

Ice Mountain LLC (10% owner) sold 154,433 shares of ZWS at $30.53 on 2024-06-18; stock now $30.30, down 9.5% from 52-week high

Ice Mountain LLC, a 10% shareholder, sold 154,433 shares (0.6% of pre-transaction holdings) for $4,714,839.49 on 2024-06-18 at $30.53 per share. The sale represents a modest reduction in an already substantial position of 23,874,164 shares. ZWS trades at $30.30 currently, down 9.5% from its 52-week high of $33.47, and has declined 7.2% over the past 30 days and 7.0% over 90 days. This sale was one of five separate sell transactions by the same insider within a 29-day window (May 22–June 20), suggesting a pattern of systematic position reduction rather than a single discretionary decision. The company's fundamentals show revenue of $373,800,000.00 in the latest quarter with annual growth of 19.4% and net income of $34,300,000.00, supporting a market cap of $5,232,714,403.50 and a P/E ratio of 42.08. The significance is moderate: while the sale is material in absolute terms and part of a concentrated selling sequence, it represents only a fractional reduction in holdings by an entity that retains dominant majority control.

10% owner Ice Mountain LLC sold 194,081 shares of ZWS at $31.55 on 2024-06-12 ($6.1M); stock has declined 8.5% from 52-week high and 6.6% over 30 days.

Ice Mountain LLC, a 10% shareholder of Zurn Elkay Water Solutions, divested 194,081 shares at $31.55, reducing its holding by 0.8% to 23,874,851 shares. The transaction occurred as ZWS stock has retreated 6.6% over the prior 30 days and stands 8.5% below its 52-week high of $33.47, suggesting the sale took place during a period of weakness. This represents the third consecutive sale by this insider in eight days (also selling on 2024-06-10 and 2024-05-24), indicating a pattern of sequential divestment. The company's fundamentals remain solid with annual revenue growth of +19.4%, a P/E of 42.53, and net income of $34,300,000, though the high valuation and recent stock price erosion merit observation by shareholders monitoring insider positioning.