Director Oliver Bob sold 30,250 shares (58.9% of holdings) at $43.61–$43.90 for $1.3M on 2026-02-13.
Oliver Bob executed 2 separate sales totaling 30,250 shares for $1,325,339.48, reducing his stake from 51,370 shares to 21,120 shares—a 58.9% reduction in pre-transaction holdings. The sales occurred at $43.61 and $43.90, with a blended average of $43.81, slightly below the current price of $44.47 and near the top of the 52-week range ($34.13–$46.61). The company is trading at a P/E of 15.44, has posted quarterly revenue of $597.8M and net income of $193.6M with 7.0% annual revenue growth, and carries a market cap of $11.5B. The substantial reduction in ownership stake—from majority to minority position—is the primary signal; without additional context on scheduling or prior trading patterns, the scale of divestiture distinguishes this from routine portfolio activity.