SVP Magner sells 3,590 TT shares at $346.95; stock down -18.5% from 52-week high, down -17.1% in 90 days.
Magner Mairead, Senior Vice President at Trane Technologies, sold 3,590 shares at $346.95 on 2025-03-05, reducing her holdings by 21.7%. The sale occurs as TT shares trade -18.5% from the 52-week high of $419.14 and have declined -17.1% over the prior 90 days. Examining his prior three trades at TT, only one of the three prior sells proved well-timed at the 90-day mark (33% success rate), and his most recent TT sale on 2024-12-04 saw the stock fall -17.5% over the following 90 days. The current transaction coincides with a period of significant downward momentum in the stock, though the company maintains solid fundamentals with annual revenue growth of +12.2% and net income of $772,000,000.00 in the latest quarter.
Magner (SVP) sold 4,329 shares of TT at $416.00 for $1.8M; stock now at $415.06, near 52-week high of $419.14.
Magner sold 4,329 shares (25.1% of her pre-transaction holdings) on 2024-12-04 at $416.00, reducing her stake from 17,222 shares to 12,893 shares. The transaction occurred near the stock's 52-week high of $419.14 (current price $415.06 is -1.0% from that peak), and at a time when TT has appreciated 21.3% over 90 days and 6.4% over 30 days. Her prior two sales at TT (2023-11-02 and 2023-09-05) both generated positive 90-day returns post-transaction (+17.2% and +13.7%), indicating that her prior sells at this ticker have not preceded declines. While Magner's cross-ticker track record shows modest average 90-day returns of 15.4% following her sells, her 90d well-timed rate of 0.00% suggests her historical sells have systematically coincided with continued gains rather than reversals. This transaction's positioning near the stock's elevated valuation and multi-month peak warrants investor attention to whether this represents a material reassessment of Magner's conviction at current TT price levels.
