low
Sell
3,773 shares
$1,196,833
Significance
4/10
CHRO Matthew Pasch sold 3,773 BURL shares at $317.21 ($1.2M); retains 6,523 shares post-sale.
Matthew Pasch, Chief Human Resources Officer of Burlington Stores, sold 3,773 shares of BURL at $317.21, reducing his holdings by 36.6% from 10,296 shares to 6,523 shares. The sale generated $1,196,833.33 in proceeds. The transaction price of $317.21 is 7.8% below the 52-week high of $351.85, and the stock has risen 6.8% over the 90-day period preceding this sale. At a market cap of $20,419,710,470.52 and P/E of 32.74, the company is growing annual revenue at 8.8% with latest quarterly net income of $114,744,000.00. The sale represents a discrete reduction in the insider's concentrated equity stake in the firm.