EXEL Director WYSZOMIERSKI sold 99,574 shares at $44.01 (Feb 18), reducing stake by 26.2% to 279,942 shares
WYSZOMIERSKI JACK L, a director, liquidated 99,574 shares at $44.01, reducing his EXEL position from 379,516 shares to 279,942 shares—a 26.2% reduction in holdings. At the time of sale, the stock traded at $44.01; the current price of $43.63 is 6.4% below the 52-week high of $46.61, suggesting the sale occurred near a local peak. While EXEL fundamentals remain solid—revenue of $597,755,000.00, net income of $193,578,000.00, 7.0% annual revenue growth, and a P/E of 15.15—a substantial reduction in director-level holdings on a discretionary basis merits investor attention to ascertain whether operational or strategic developments prompted the divestiture.