CFO Alley J Lindsey sold 12,500 shares of HLI at $185.49 on 2024-11-07 for $2,318,625; sells 12.5K shares with zero shares post-transaction.
Alley J Lindsey, Chief Financial Officer, sold 12,500 shares of Houlihan Lokey at $185.49 on 2024-11-07 for a total value of $2,318,625.00. This sale represents a conversion of derivative securities rather than a full position exit, and should be understood as a specific batch disposition in the context of the insider's full derivative holdings. The stock subsequently traded near $185.74 (-1.4% from its 52-week high of $188.30), and at his prior similar HLI sale on 2023-11-30 the stock delivered a 20.0% 90-day return afterward—a pattern indicating prior sales at this ticker were not well-timed on the 90-day horizon. With annual revenue growth at 5.8% and the company trading at a notably compressed P/E of 0.33 relative to $93.5M net income on $575.0M revenue, the fundamental context remains stable.