TBLA President/COO Eldad sells 424.9K shares in 2 tranches for $1.6M; 30d return +18.4%, 90d pattern 4 of 5 prior sells well-timed
Maniv Eldad executed 2 separate sales totaling 424,861 shares for $1,605,673.23 (blended $3.78/share) on Nov 5–6, reducing his stake by 3.9% to 10,392,460 shares. The timing coincides with strong recent price momentum: the stock is up 18.4% over the past 30 days and up 15.6% over 90 days. Eldad's same-ticker history at TBLA shows a striking pattern: 4 of his 5 prior sells were well-timed, with negative 90-day returns following the sales, indicating he has consistently sold before subsequent declines. His broader cross-ticker track record reflects an 83.33% well-timed rate on prior sells, with an average 90-day return of -1.6%, underscoring a pattern of selling into strength. The current sale occurs while Taboola trades at a P/E of 47.38 and -11.0% below its 52-week high, despite strong revenue growth of 22.7% and recent upside price momentum.