BECN CTO Nelson Carl sells 16,595 shares for $2.1M at $123.61, reducing holdings by 52.2% to 15,166 shares
Nelson Christopher Carl, EVP & CTO, executed a substantial sale of 16,595 shares on 2025-04-03 at $123.61, a price just 1.4% below the 52-week high of $123.86 and representing a 52.2% reduction in his stake. His prior sales at BECN (3 trades on 2023-06-12) each generated positive 90-day returns of 6.1%, indicating the stock subsequently rose after those sales—a pattern of poorly-timed exits from a timing perspective. His cross-ticker track record shows 3 prior sells with an average 90-day return of 6.1% and a well-timed rate of 0.00%, further indicating no pattern of prescient sale timing. BECN trades at a P/E of 25.18 with 7.0% annual revenue growth and $145.3M net income on $2.8B revenue, suggesting a fairly valued or premium-priced equity relative to growth. The sale occurs after strong recent price appreciation (+9.9% in 30 days, +19.6% in 90 days), leaving the insider with 15,166 shares—a material but not complete exit.