Lessack Steven Mark

Group President Lessack sold 22,125 shares of STC for $1.6M at $73.60, reducing holdings by 68.1% to 10.4K shares.

Steven Mark Lessack divested 22.1K shares at $73.60, a substantial reduction representing -68.1% of his pre-transaction position. The stock now trades at $74.42, only 1.4% above his sale price, and sits 3.6% below the 52-week high, placing the exit near recent resistance. His cross-ticker track record shows 1 prior sell with an average 90-day return of +2.9%, indicating his prior open-market sells have not been well-timed at the 90-day horizon—stock rose after those exits. At STC specifically, his single prior trade (an August 2024 sell) yielded positive 90-day returns (+2.9%), suggesting limited historical success timing exits at this ticker. The company faces headwinds: annual revenue has declined 26.4% year-over-year, and the valuation sits elevated at a P/E of 34.78, creating misalignment between fundamentals and market price.

Group President Lessack Steven Mark sold 9,524 shares (9.5K) of STC at $73.00 for $695,283.43, reducing holdings 47.8%.

Steven Mark Lessack, Group President of Stewart Information Services, sold 9,524 shares at $73.00 on 2024-08-28, a sale that reduced his holdings from 19,911 shares to 10,387 shares—a reduction of 47.8% of pre-transaction holdings. The transaction occurred near the 52-week high of $73.87, with the current stock price at $73.71, indicating the sale was executed when the stock was trading at elevated levels relative to its annual range. The company faces significant headwinds: annual revenue growth is -26.4% year-over-year, the P/E ratio stands at 47.25 (elevated relative to declining earnings trajectory), and net income of $17.3M on revenue of $602.2M reflects margin pressure. The material reduction in the Group President's ownership position warrants monitoring given the combination of deteriorating revenue trends and the proximity of this sale to the stock's recent highs.