Orszag Peter Richard

CEO Peter Orszag sells 69,170 shares (69.2K) at $40.76 avg; stock down 23.7% in 30 days, 21.1% in 90 days.

Orszag executed 2 separate sales totaling 69,170 shares for $2,819,273.61, reducing his holdings by 24.7% to 210,942 shares post-transaction. This represents a meaningful reduction in his ownership stake at prices ($40.73 and $41.66) that now trade 2.2% above the current price of $39.89, but within a broader downtrend—the stock is down 23.7% over 30 days and 21.1% over 90 days from these sale dates. His cross-ticker track record shows a 100.00% well-timed rate on prior sells (5 prior transactions with an average 90-day return of -4.3%), and at LAZ specifically, his prior 5 sells were all well-timed at the 90-day mark, with negative average returns ranging from -6.3% to -24.0%. The current price action—trading 30.9% below the 52-week high and down sharply in the recent short-to-medium term—aligns with his demonstrated pattern of selling ahead of declines.

CEO Orszag sells 32,475 LAZ shares at $54.09 for $1.8M; cross-ticker timing record 100% well-timed on 90d basis.

CEO Peter Richard Orszag sold 32,475 shares of Lazard at $54.09, reducing his holdings by 15.1% from 215,749 to 183,274 shares. This is noteworthy given his cross-ticker track record shows 4 prior sells with a 90d well-timed rate of 100.00%, meaning his past sales consistently preceded stock declines over a three-month window. His prior 4 sales at LAZ specifically showed negative 90-day returns (ranging from -1.5% to -6.0%), consistent with the broader pattern of well-timed exits. The stock currently trades at $55.61, only 8.8% below its 52-week high of $61.01, suggesting the CEO is selling into relative strength. Fundamental context shows Lazard posted $796.0M in quarterly revenue with 21.3% annual growth and a P/E of 20.22, providing no obvious distress signal, making this a discretionary sale by the company's top executive during a period of decent operational performance.

CEO Peter Orszag sells 129,078 shares across 4 trades for $5,859,927.27; holdings reduced 43.1% to 170,285 shares

Peter Orszag, CEO & Chairman of Lazard, Inc., executed 4 separate sales totaling 129,078 shares for $5,859,927.27 on March 14 and March 17, 2025, at prices ranging from $44.87 to $45.51. This represents a 43.1% reduction in his shareholdings from 299,363 shares to 170,285 shares. The sales occurred while LAZ trades 25.1% below its 52-week high of $61.01 and 17.2% lower over the past 30 days, suggesting the CEO reduced his exposure during a period of stock price weakness. The company's strong fundamentals—21.3% annual revenue growth, $107.9M in net income, and a favorable 8.42 P/E ratio—do not appear to have constrained this substantial divestiture, warranting investor attention to the reasons behind such a large reduction in executive equity stakes.