EVP Leslie Shoemaker sells 78,420 TTEK shares at $46.11 (-20.9% holding reduction); prior TTEK sale in June also preceded 90-day decline
Leslie Shoemaker, EVP and Chief Sustainability, sold 78,420 shares (78.4K shares) of TETRA TECH INC at $46.11 on 2024-09-10, reducing his holdings by 20.9% (from 374,435 to 296,015 shares). This represents his second open-market sale at TTEK in recent quarters; his prior TTEK sale on 2024-06-13 was followed by negative 90-day and 30-day returns of -80.8% and -78.0% respectively. Across his cross-ticker trading history, his 1 prior sell also yielded a well-timed rate of 100.00%, with average 90-day returns of -78.0%, meaning his sells have historically preceded stock declines. While TTEK trades at a low P/E of 8.48 with strong FY revenue growth of +29.1%, the repeated pattern of Shoemaker selling followed by weakness warrants attention to whether this reflects material near-term headwinds not yet visible in current fundamentals.
EVP Leslie L Shoemaker sells 11,161 shares of TTEK for $2.4M at $211.83; retains 74,887 shares post-sale
Chief Sustainability Officer Leslie L Shoemaker sold 11,161 shares of Tetra Tech at $211.83 on 2024-06-13, reducing her stake from 86,048 to 74,887 shares (13.0% reduction from pre-transaction holdings). The sale occurred at a price substantially above current market levels ($41.73 current vs $211.83 transaction price), reflecting significant stock price decline since the June 2024 transaction date. Tetra Tech's fundamentals remain solid with $1.3B quarterly revenue, 29.1% annual revenue growth, and an 8.41 P/E ratio, though the stock currently trades 5.3% below its 52-week high. The executive retained meaningful equity position post-sale, indicating continued material stake in the company.
