CEO Manthripragada Vijay sold 46,121 shares (46.1K) of MEG at $25.41 on 2026-03-13, reducing holdings by 16.3%; stock now -24.2% from 52-week high.
Manthripragada Vijay sold 46,121 shares at $25.41, representing a 16.3% reduction in his MEG holdings from 282,909 to 236,788 shares. The transaction occurred at a price $1.86 above the current market price of $23.55, which is -24.2% from the 52-week high of $31.06, suggesting the CEO acted when valuations were more favorable. At the same ticker, his prior 5 trades show mixed timing outcomes: 3 of 5 were well-timed at the 90-day mark, though the most recent prior sell on 2025-11-11 subsequently rose +13.6% over 30 days and +3.1% over 90 days. The company posted $224.9M in latest-quarter revenue with +19.3% annual growth, but reported negative net income for the full fiscal year despite the $8.4M quarterly net income shown, creating a disconnect between growth metrics and bottom-line profitability that warrants closer examination of recent results.