CFO Oberton sold 52,679 shares (38.5% of holdings) at $80.56; stock down 1.8% in 30d, up 10.6% in 90d
Oberton Karleen Marie, CFO of Hologic, sold 52,679 shares at $80.56 on 2024-08-29, reducing her holdings by 38.5% to 84,042 shares, generating $4.2M in proceeds. The sale occurred near the 52-week high ($83.64), with the current price at $82.16 representing only a 1.8% decline from that peak. Her prior sale at this ticker on 2024-01-29 posted a 90-day return of +1.3%, meaning the stock rose after that sale—poorly-timed by the metric of insider exits. The broader 90-day context here is also mixed: HOLX gained 10.6% in the 90 days prior to this August sale, yet the company faces -17.1% annual revenue growth and a relatively high P/E of 27.21 given the headwind. The sale's timing and magnitude deserve monitoring against forward operating performance.