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EdgarHawk

Lalwani Nikhil

PRESIDENT & CEO

Director Officer

Latest: PRESIDENT & CEO selling · May 2026

3 filings analyzed · 1 company · Latest 2026-05-13

Companies

Company Buys Sells Direction
ANI PHARMACEUTICALS INC ANIP 0 5 Net selling

Activity

May 2026
medium
Sell
55,000 shares
$4,266,350
Significance 4/10

ANIP President & CEO Lalwani sells 55,000 shares worth $4.3M; sixth open-market sale in 36 months despite profitable fundamentals.

Nikhil Lalwani, the company's President and CEO, sold a meaningful block of shares representing nearly 14% of his holdings. This is his sixth open-market sale at ANIP within the past three years, continuing a pattern of liquidation activity with no offsetting open-market purchases over the same period. The sale occurred while ANIP is profitable and growing revenue sharply, yet the stock is currently trading well below its 52-week high. His prior sales at this ticker show mixed timing—three of four prior sales with measurable outcomes were well-timed exits (the stock fell afterward), though one sale preceded gains. The insider's track record does not suggest conviction in near-term upside; rather, it shows a consistent pattern of trimming positions regardless of price action or fundamental strength.

August 2025
high
Sell
56,960 shares
$4,894,573
Significance 6/10

CEO Lalwani sold 56,960 shares at $85.93 for $4.9M; stock now at $90.00. His prior ANIP sales: 4 of 5 well-timed at 90d.

Lalwani sold 56,960 shares (-12.2% of holdings) at $85.93 while the stock has since risen to $90.00 (+0.0% from its 52-week high, +40.6% over 30 days, +50.0% over 90 days). Notably, this sale occurred near the 52-week peak. Looking at his same-ticker history at ANIP, 4 of 5 prior sells showed negative 90-day returns, indicating a strong pattern of selling before declines. However, that pattern does not guarantee future timing accuracy, especially given the stock's recent sharp momentum gains. Importantly, the company posted annual revenue growth of +26.2% and recovered to profitability in the latest quarter ($8.5M net income), though it was unprofitable over the most recent full fiscal year—a mixed fundamental backdrop that may have influenced this large CEO disposition.

November 2024
high
Sell
33,481 shares
$1,941,442
Significance 7/10

ANI CEO Lalwani sells 33,481 shares (8.3% of holdings) for $1,941,442.30 at blended $57.99; prior 4 of 5 sales at ticker well-timed, stock now at $59.39

Lalwani executed two separate sales totaling 33,481 shares ($1,941,442.30) at an average price of $57.99, reducing his ANI holdings by 8.3%. This marks another sale by the CEO who has demonstrated a strong pattern of well-timed exits at this ticker: 4 of his 5 prior sales at ANIP were followed by negative 90-day returns, meaning the CEO consistently sold ahead of declines. His cross-ticker track record shows an 80.00% well-timed rate on 5 prior sells. The current stock price of $59.39 is 14.8% below the 52-week high of $69.69, and the company's latest quarterly net income was negative ($-24,166,000.00), creating a challenging margin picture despite 53.9% annual revenue growth. This sale, measured against the CEO's demonstrated timing accuracy, warrants investor attention to the fundamentals driving valuation at a 69.06 P/E.

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