EVP and CRO RIVERA NAYDA sells 25,000 shares at $21.19; retains 236,490 shares post-transaction.
RIVERA NAYDA, serving as EVP and CRO, executed a sale of 25,000 shares at $21.19, reducing holdings by 9.6% to 236,490 shares. The transaction occurred near the 52-week high of $22.20, with the stock trading 2.5% below its peak and up 3.4% over the prior 30 days and 9.3% over 90 days. Against a backdrop of strong fundamentals—revenue growth of 17.3% year-over-year, quarterly net income of $73.7M, and a P/E of 11.70—this sale represents a partial reduction in position rather than material portfolio liquidation. The modest scale (under 10% of pre-transaction holdings) suggests routine rebalancing activity rather than a signal tied to operational conviction about near-term prospects.