Early Access — free while we kick the tires
EdgarHawk

O'Brien Tim James

EVP, Chief Financial Officer

Officer
2 filings analyzed · 1 company · Latest 2024-08-20

Companies

Company Buys Sells Direction
N-able, Inc. NABL 0 3 Net selling

Activity

August 2024
2024-08-20 N-able, Inc. NABL
medium
Sell
44,151 shares
$563,808
Significance 4/10

CFO O'Brien sells 44,151 NABL shares at $12.77; stock now $12.66, down 10.5% in 30 days; second consecutive day of selling.

O'Brien Tim James, EVP and Chief Financial Officer, sold 44,151 shares on 2024-08-16 at $12.77, reducing his holdings by 8.0% to 510,261 shares. This sale follows two other NABL sales on 2024-08-13 and 2024-08-12, establishing a pattern of three consecutive trading days of CFO share dispositions. The stock has declined 10.5% over the past 30 days and is currently 17.1% below its 52-week high of $15.27, trading at $12.66. While the company demonstrates solid fundamentals with annual revenue growth of 13.5% and a market cap of $2.3B, the concentration of CFO selling activity across multiple consecutive days and the subsequent near-term price weakness merit observation of whether additional insider activity follows.

2024-08-14 N-able, Inc. NABL
medium
Sell
78,057 shares
$1,008,938
Significance 4/10

CFO Tim O'Brien sold 78,057 shares in 2 transactions for $1,008,938.08 at NABL; holds 587,370 post-sale

Tim O'Brien, EVP and Chief Financial Officer, executed two separate sales on consecutive trading days (August 12–13, 2024), selling a combined 78,057 shares at an average of $12.93 per share for total proceeds of $1,008,938.08. His post-transaction holding of 587,370 shares represents an 11.7% reduction from his pre-transaction position of 665,427 shares. The sales occurred while NABL trades at $12.80, down 16.2% from its 52-week high of $15.27 and down 11.7% over the past 30 days. The company reports strong fundamentals—revenue of $119,447,000 in the latest quarter with 13.5% annual growth and net income of $9,455,000—though the elevated P/E of 75.29 suggests the market is pricing in significant future earnings expansion relative to current profitability. The magnitude and timing of this sale merit monitoring to understand whether it reflects portfolio allocation decisions, tax management, or other considerations.

Related insiders

Create a free account

Build watchlists, get email alerts on the tickers you follow, and read the full AI analysis on every insider filing.

Sign up — free during early access