CARR CLO Kevin O'Connor sold 167,183 shares ($12.3M) at $73.46; retains 46,083 shares post-sale
O'Connor sold 167,183 shares at $73.46 on 2024-11-06, reducing his stake by 78.4% to a post-transaction position of 46,083 shares. The sale occurred when CARR traded near its 52-week high, and the stock has since declined 6.6% over the subsequent 30-day window. At the same ticker, his prior 2 sales posted mixed results: a May 2024 sale saw 90-day decline of -0.1%, while a February 2024 sale captured gains of +19.6% over 90 days—yielding a 50% well-timed rate on CARR-specific history. His cross-ticker track record across all sells shows an avg 90-day return of +9.8% with a 50% well-timed rate, indicating prior sells have been as often poorly as well-timed. The magnitude of this reduction (78.4% of holdings) in a large-cap industrial with solid fundamentals ($6.0B quarterly revenue, $447.0M net income, P/E 19.22) warrants monitoring to assess whether this represents a one-time liquidity event or signals a broader shift in the insider's conviction at CARR.