CFO Kesler Dale Craig sold 5,000 EXP shares at $310.04 on 2024-11-22 for $1.6M, reducing holdings by 7.6%
Kesler Dale Craig, EVP and CFO, liquidated 5,000 shares (5.0K shares) of Eagle Materials at $310.04, representing a 7.6% reduction in his 65,488-share position. The sale occurred near the stock's 52-week peak of $315.29, and the timing is notable: across his five prior sales at EXP, only one of five was well-timed at the 90-day mark, suggesting inconsistent ability to call tops at this ticker. His broader cross-ticker sell track record shows an average 90-day return of +7.7% post-sale (stock climbed after he sold), indicating his sales have historically preceded gains rather than declines. The company's fundamentals remain solid with $623.6M quarterly revenue, $143.5M net income, and a 21.86 P/E, but the CFO's liquidation at near-peak prices warrants attention to whether management sees valuation pressures ahead.